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Tag: bitcoin news
El Salvador’s Legislature Passes Landmark Digital Securities Bill for Bitcoin Bonds
The Salvadoran legislature has approved legislation that will allow for the issuance of bitcoin bonds proposed by President Nayib Bukele. El Salvador was planning to issue a billion dollars worth of bonds on Blockstream's Liquid Network, a federated Bitcoin sidechain, back in November 2021. Half of the proceeds from the bond
Grayscale Hints at Plans to Convert Bitcoin Trust into BTC-settled ETF
Grayscale, an institutional investment firm, recently announced its plans to convert its Bitcoin trust into a settled exchange-traded fund (ETF). The decision was made known by Barry Silbert, CEO of Grayscale’s parent company, Digital Currency Group. Silbert hinted that the investment giant is planning to convert its Bitcoin trust into
Canadian Public Company Liquidates Its Ethereum and Monero for Bitcoin
A Canadian company with public holdings liquidated its Ethereum and Monero holdings and invested in Bitcoins. An interesting fact about the company is that it is owned and operated by a famous poker player who was a member of the European Parliament. The Canadian firm has public holdings but decided to