Category: Business

Tehran Stock Exchange CEO resigns following discovery of Bitcoin miners in basement

Tehran Stock Exchange CEO resigns following discovery of Bitcoin miners in basement

Iranian authorities have conducted many raids on crypto miners in abandoned factories, homes, and small businesses — nothing quite as high profile as the country’s largest stock exchange. 6817 Total views 61 Total shares Ali Sahraee, the chief executive officer of the Tehran Stock Exchange since 2018, has reportedly resigned after the discovery of cryptocurrency […]

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Deutsche Bank analyst: Bitcoin will be ‘ultra-volatile,’ but it’s here to stay

Deutsche Bank analyst: Bitcoin will be ‘ultra-volatile,’ but it’s here to stay

An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage” over other cryptocurrencies for the foreseeable future. 6128 Total views 39 Total shares Marion Laboure, an analyst at Deutsche Bank’s research division, said she can envision Bitcoin taking the role of digital gold in the future: lasting for centuries and […]

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Ripple is helping Bhutan pilot a CBDC

Ripple is helping Bhutan pilot a CBDC

The company claimed its CBDC solution would allow Bhutan’s central bank to deploy a digital ngultrum “without compromising financial stability or monetary policy objectives.” 4770 Total views 52 Total shares The Royal Monetary Authority of Bhutan is partnering with Ripple to pilot a central bank digital currency in the mountainous kingdom. In a Wednesday announcement, […]

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Honduras gets its first Bitcoin ATM

Honduras gets its first Bitcoin ATM

The “la bitcoinera” machine allows crypto enthusiasts to purchase BTC and ETH using the local fiat currency provided they are willing to scan their IDs and disclose certain personal information. 3293 Total views 83 Total shares TGU Consulting Group, a Honduran company based in the capital of Tegucigalpa, has reportedly installed the country’s first Bitcoin […]

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