Dragonfly Capital Launches $650M Venture Fund
The crypto-focussed investment firm Dragonfly Capital has announced closing its third fund with $650 million in capital. Some of the limited partners were Tiger Global, KKR, Sequoia China, Ivy League…
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El Salvador’s Bitcoin Adoption Is Yet to Capture the Local’s Interest (Study)
According to the American non-profit organization – the National Bureau of Economic Research (NBER) – the majority of El Salvadorans (60%) have not downloaded the Chivo Wallet (a feature that…
Cuban Central Bank to Issue Licenses to Virtual Asset Service Providers
The Cuban central bank – the Banco Central de Cuba (BCC) – is all set to issue licenses for cryptocurrency and other virtual asset services providers (VASPs). The Gazette revealed…
Bitcoin is the Perfect Asset for Retirement, Says Michael Saylor
Following Fidelity’s move to offer Bitcoin as part of its retirement 401(k) accounts, MicroStrategy CEO Michael Saylor opined that the digital asset is a perfect fit for retirement, even better…
It’s Official: Central African Republic Makes Bitcoin Legal Tender
The Central African Republic (CAR) has officially become the world’s second country to adopt Bitcoin as legal tender, announced the President’s office on Wednesday. As with El Salvador, the International…
Brazil’s Senate Greenlights the Country’s Crypto Regulatory Bill (Report)
The upper house of the National Congress of Brazil – the Federal Senate – reportedly approved the bill that could serve as a regulatory framework for the local cryptocurrency industry.…
World’s First ETP With Combined Bitcoin, Gold Exposure Launches on SIX Swiss Exchange
The first exchange-traded product (ETP) that combines Bitcoin (BTC) and gold exposure has been listed on Europe’s 3rd biggest stock exchange – SIX. The new product has been unveiled by…
Cardano Revamps Block Size by 10% To 88KB in Latest Upgrade
Following a recent increment in transaction volume, and also in line with future growth potentialities, Cardano (ADA) has increased its mainnet block size by 8KB. According to a Monday announcement…
Buenos Aires Considers Allowing Locals to Pay Taxes in Crypto
The mayor of Buenos Aires – Horacio Rodriguez Larreta – indicated that the city will soon start digitizing its administration processes, while blockchain technology will play a key role. Additionally,…
Grayscale Makes Fresh Push for European Expansion
The European market has emerged as a competitive space with issuers rolling out investment vehicles to cater to the increasing demand, and Grayscale wants a piece of the pie. Europe…