100 Reasons For Bitcoin
Nations adopting Bitcoin as a strategic reserve asset generate substantial international media attention that translates into measurable economic benefits. El Salvador's 2021 Bitcoin adoption generated over $200 million in earned media value within the first quarter, while drawing record tourism numbers and positioning the country as a technology
Bitcoin
Swiss cryptocurrency financial service provider Bitcoin Suisse has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking its first expansion outside the European Union. According to Cointelegraph, the company secured this approval through its subsidiary BTCS (Middle East) Ltd, positioning the
Bitcoin
The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed a crucial procedural vote in the United States Senate with a 66-32 margin on May 20, advancing legislation that creates the first comprehensive federal framework for stablecoin regulation. According to Cointelegraph, the bill now heads to a Senate
100 Reasons For Bitcoin
Bitcoin transfers have proven effective in delivering financial aid to conflict zones where traditional banking infrastructure has collapsed. When war or political instability destroys financial systems, Bitcoin offers a reliable alternative for transmitting value across borders without intermediaries. This capability allows humanitarian organizations to send funds directly to affected populations
Bitcoin
A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. According to Cointelegraph, the ruling emerged from a criminal case
100 Reasons For Bitcoin
Nations that diversify their reserves beyond traditional fiat currencies can reduce their vulnerability to geopolitical pressure. Bitcoin offers governments a way to hold value in a system that exists outside any single nation's control. By incorporating Bitcoin into national reserves, countries can protect themselves from having financial access
Bitcoin
Panama City Mayor Mayer Mizrachi has indicated a potential move toward establishing a city-level Bitcoin reserve following discussions with key figures from El Salvador's Bitcoin policy team. On May 16, 2025, Mizrachi posted a cryptic message reading "Bitcoin Reserve" on his social media account after meeting
100 Reasons For Bitcoin
Bitcoin's 24/7 operational capability provides governments with continuous access to liquid capital during emergencies, a feature traditional banking systems cannot match. While conventional financial markets shut down nights, weekends, and holidays, Bitcoin transactions continue uninterrupted across time zones and borders. This perpetual availability allows national treasuries to
Bitcoin
DDC Enterprise, also known as DayDayCook, a US consumer brand with Hong Kong roots and operations in mainland China, announced a Bitcoin reserve strategy in a shareholder letter on May 15. The company has acquired 100 BTC for approximately $10.4 million and plans to accumulate 5,000 BTC in
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Coinbase, the world's third-largest cryptocurrency exchange, revealed on May 15 that cybercriminals recruited overseas support agents to steal customer data in an extortion attempt. According to Cointelegraph, the company faces expected remediation costs between $180 million and $400 million as it pledged to reimburse phishing attack victims. Despite
100 Reasons For Bitcoin
Countries that incorporate Bitcoin into their national reserves can experience an unexpected benefit: increased tourism from cryptocurrency enthusiasts and regular travelers alike. Data shows that nations openly accepting Bitcoin as payment throughout their tourism sectors create practical advantages for international visitors. Hotels, transportation services, and entertainment venues that accept BTC
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Prominent investor Jim Chanos has revealed a new trading strategy that involves simultaneously shorting shares of Strategy (formerly MicroStrategy) while directly purchasing Bitcoin. Speaking at the Sohn Investment Conference in New York on May 14, Chanos told CNBC he is "selling MicroStrategy stock and buying bitcoin and basically buying
Bitcoin
Wintermute, a London-based algorithmic crypto trading and market-making firm, has opened an office in New York as part of its expansion into the US market. The company announced the opening on May 15, specifically citing improved regulatory conditions in the United States as the primary motivation for this strategic move.
100 Reasons For Bitcoin
Smart contract lending platforms built on Bitcoin infrastructure can transform microfinance by connecting small entrepreneurs and farmers directly to global capital. Nations holding Bitcoin reserves gain the ability to support decentralized lending pools, allowing citizens to access credit without traditional banking gatekeepers. The verification capabilities inherent in blockchain technology enable
Bitcoin
Kazakhstan could transform into Central Asia's dominant cryptocurrency hub if proposed regulatory reforms are implemented, according to Kanysh Tuleushin, the country's First Vice Minister of Digital Development, Innovation and Aerospace Industry. In a recent op-ed published in Kazakhstanskaya Pravda newspaper, Tuleushin outlined how lifting current restrictions
Bitcoin
All three major South Korean presidential candidates have publicly expressed support for legalizing Bitcoin exchange-traded funds (ETFs) ahead of the June 3 election, according to CryptoQuant founder and CEO Ki Young Ju. Currently, both Bitcoin ETFs and institutional crypto investments are banned in South Korea, resulting in a market where