Uruguay reportedly receives its first cryptocurrency ATM.

Uruguay reportedly receives its first cryptocurrency ATM.

The first cryptocurrency ATM has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. Uruguay has received its reported first cryptocurrency ATM in its territory, which is already installed in Punta del Este, a city located in the southeast of the country. Two national crypto companies developed the cryptocurrency…

THE ROADS TO HYPERBITCOINIZATION: DESCRIBING THE ‘TRANSITION AGENTS’ BRINGING US FINANCIAL FREEDOM

THE ROADS TO HYPERBITCOINIZATION: DESCRIBING THE ‘TRANSITION AGENTS’ BRINGING US FINANCIAL FREEDOM

These bottom-up “transition agents,” from private business to the freedom ladder, will be what drives us all to hyperbitcoinization. This article is the second part in a series where we outline the views and predictions made by the Bitcoin community concerning the prospect of hyperbitcoinization. In our analysis, we highlight “transition agents”: main players, groups of players…

Fidelity: Rio de Janeiro Crypto Adoption is Only the Beginning

Fidelity: Rio de Janeiro Crypto Adoption is Only the Beginning

Rio De Janeiro is putting crypto on its balance sheet, and it won’t be long before other governments get FOMO, Fidelity researchers said. Brazil’s second-largest city is allocating 1% of its treasury to cryptocurrencies, Rio de Janeiro mayor Eduardo Paes said Friday.  The announcement confirms a 2022 prediction from Fidelity Digital Asset researchers: that more…

Switzerland: Testing of digital franc in joint operation with 5 banks ends ‘successfully’

Switzerland: Testing of digital franc in joint operation with 5 banks ends ‘successfully’

It is no surprise that central bank digital currency (CBDC) will be a game-changer for international and local businesses. Then regulators, consumers, and other stakeholders. Basically, CBDC is a digital form of fiat currency issued by a country’s central bank. It was trialed in China and is being explored in many other economies. That said, different trials are being scheduled for CBDCs across the…

India: Calls for crypto regulations intensify ahead of Budget Session 2022

India: Calls for crypto regulations intensify ahead of Budget Session 2022

India’s digital payment system and financial services company, Paytm, had previously stated that it might dive into crypto once the regulatory environment becomes favorable. Now, with the Indian Budget session coming up, CEO Vijay Shekhar Sharma has spoken in favor of implementing regulations. He told ET,  “No technology should be blocked. Technology should be shaped and given an opportunity.”…

SOUND MONEY MUSIC FESTIVAL TO CLOSE BITCOIN 2022 CONFERENCE

SOUND MONEY MUSIC FESTIVAL TO CLOSE BITCOIN 2022 CONFERENCE

The festival will feature Logic, Steve Aoki, Deadmau5, and others to close out the world’s biggest Bitcoin conference. BTC Media, the organizer of the world’s biggest Bitcoin conference, Bitcoin 2022, announced that a music festival will close out this year’s edition of the gathering, uniting Bitcoiners around prominent performers. The Sound Money Fest (SMF) will…