In the north of El Salvador, in the Department of Chalatenango, the first private bitcoin mining farm will be carried out, which includes the construction of a 6 megawatt (MW) photovoltaic solar power plant to generate digital currencies using inexhaustible natural resources.
In an act carried out…
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digital currencies
Crypto ATMs will be installed in US Hispanic supermarket
The largest chain of Hispanic supermarkets in the United States, Cardenas Markets, reported that it plans to install crypto ATMs in its stores to offer its users the possibility of buying and selling 50 digital currencies using cash.…
BIS to launch an intelligence platform for cryptocurrencies
The Innovation Center of the Bank for International Settlements (BIS) announced the development of a set of projects focused on crypto payments, among which a cryptocurrency market intelligence platform and security of central banks digital…
Japan passes stablecoins bill
The Parliament of Japan passed a law that aims to clarify the legal status of stablecoins, now naming them as digital money.
This proposal plans to go beyond any measure previously established in any country in the world, in terms of…
65 % of Argentines willing to use cryptocurrencies
A market investigation carried out by Coinspaid revealed that 65 % of Argentines say they are willing to use cryptocurrencies as a means of payment in different types of physical stores. The study was carried out between the months of March…
China continues to test the digital yuan
The Chinese government is planning to hand out about 15 million yuan worth of CBDC to about 130,000 residents of the Shenzhen community.
These coins will be accepted in at least five thousand stores, with no minimum purchase required to be…
Bitcoin recorded seven consecutive weeks of losses
Bitcoin, the cryptocurrency with the largest market capitalization, has registered losses for seven consecutive weeks, which has become a new historical record for the cryptocurrency in the midst of an increasingly complex market due to the…
Brazil will launch its CBDC this year
The president of the Central Bank of Brazil, Roberto Campos Neto, reported that the pilot program of a digital currency issued by the institution will be applied this year.
As indicated by the president of the entity, this is expected to…
European Parliament rejects the ban on PoW mining
The European Parliament's Committee on Economic and Monetary Affairs has rejected the version of the draft Digital Assets Market Act (MiCA) that prevented cryptocurrencies based on Proof-of-Work (PoW) mechanisms.
The version of the law…
European Parliament suspended the discussion of regulatory framework on crypto assets
The parliamentarians of the European Union indefinitely suspended the vote on the regulatory framework for digital currencies that was scheduled to take place on February 28 and intended to approve a package known under the acronym MiCA,…
Hyperinflation boosts the use of cryptocurrencies in Venezuela
Venezuelan citizens currently use dollars, euros, Colombian pesos for their transactions. Cryptocurrencies also have an important use in the market to cancel products and services as a result of the loss of value and confidence of the…
Russia introduced draft law on digital currencies
The Russian Ministry of Finance has sent a draft law for the regulation of digital currencies to the national government that aims to establish the legal bases for the cryptocurrency market and the rules for its circulation in the country.…