Sweden Trying To Drive Out Bitcoin Miners
Sweden consistently ranks among the happiest countries in the world by the happy police but now seems none too pleased with how certain data centre businesses operate within its borders. To outsiders like myself, the country is known for high car safety scorings and assembled furniture brands, but it also holds a surprising title in […]
Denmark Looks To Ban Bitcoin Wallets
According to figures from Danmarks Nationalbank’s survey of Danish citizens’ payment habits, approximately 272 million cash payments were made by citizens in 2023, totalling approximately kr. 84 billion in trade. This represents 8% of the country’s settlement, down from 10% in 2021. Denmark is among the top twelve EU member states with the most cashless payment […]
Bitcoin The South Africans Escape Hatch
South Africa is becoming a hotspot for Bitcoin adoption; with a high internet penetration rate and a population looking for alternatives in an economic climate financial landscape that makes the Rand and Rand-based assets a poor place to park your wealth, Bitcoin’s unique properties attract significant interest. South Africa has been at the forefront of […]
SARS Sets Sights On Your Bitcoin Gains
South African Bitcoin traders, investors, and long-term holders, your free ride in the Wild West has had to end sometime. The days of cashing in on your stash and not worrying about what SARS would think about it or bother reporting it are not going to fly anymore. What was once an ignored niche market […]
What is Grayscale Bitcoin Mini Trust?
Grayscale was one of the first companies out of the gate, trying to build institutional-grade products centred around Bitcoin. It first launched as private placements, allowing accredited investors to gain crypto exposure through a familiar investment vehicle structure. Grayscale’s claim to fame was its closed-end trust, created in 2013; GBTC has the longest operational history as the first […]
Bitcoin’s Battle With OFAC Compliance
Bitcoin is considered an open monetary network due to two key features: decentralisation of access to the network, since anyone can run a node or miner and support or use the network, and the entire system resting on an open-source code base that anyone can review and run. Unlike traditional currencies controlled by governments or […]
What Are Real World Asset Tokens?
Real-world assets, or RWAs, refer broadly to any traditional security or physical asset that derives its value from outside the blockchain, unlike the closed-loop ecosystem that Bitcoin provides. Think of it as a 3rd party representation of the underlying asset; these tokens can represent stock certificates or bonds, they could be NFTs that represent non-fungible […]
EU To Put Chokehold On Bitcoin Wallets
Just when you thought Bitcoin was on the up, that the suits would finally give in with the rollout of the US spot ETF, and the price would be free to melt faces, the FUD makes a return, this time from the European Union (EU). The EU has taken a significant step towards regulating the Bitcoin market, […]
EIA Coming For US Bitcoin Miners
It’s been three years since the great Chinese mining ban of 2021, which saw majority ownership of the global hash rate go offline, as miners had to pack up and perform a great trek towards greener pastures. Some found their footing in other parts of Asia and continental Europe. The fact that 70%+ of the hash […]
How Do You Deal With Custodial LN Wallet Caps?
Lightning, the scaling solution for Bitcoin, promised fast and cheap transactions with a few trade-offs. Instead of providing the same UI as on-chain transactions, Lightning offers an entirely new ecosystem filled with its own technical competencies and learning curve. The many hurdles, like remaining online, managing liquidity and channel sizes, and more, have limited the […]