El Salvador amends Bitcoin law to comply with IMF deal, making acceptance voluntary

Key Takeaways El Salvador’s Congress quickly passed a bill amending its Bitcoin law to align with an IMF loan agreement, ensuring voluntary acceptance. The reform maintains Bitcoin as legal tender while limiting mandatory use, a shift urged by the IMF in exchange for financial support. Share this article El Salvador’s Congress approved legislation amending the country’s Bitcoin law to make acceptance of the digital asset voluntary, according to a Reuters report. The change aligns with requirements under El Salvador’s $1.4 billion loan agreement with the International Monetary Fund. The bill…

Grayscale Investments Launches Bitcoin Miners ETF

Grayscale Investments LLC has officially launched the Grayscale Bitcoin Miners ETF (MNRS), providing investors with a unique opportunity to gain exposure to the Bitcoin mining industry. This ETF is designed for those who want to invest in Bitcoin miners without directly purchasing Bitcoin itself, making it an attractive option for traditional investors looking to diversify their portfolios. Introducing the Grayscale Bitcoin Miners ETF ($MNRS) ⛏️ , offering investors targeted, pure-play exposure to Bitcoin Miners and the Bitcoin Mining Industry, available directly in your investment account. Learn more below. Brokerage fees…

The Bitcoin And Cypherpunk Spirit Is Alive And Well In Africa

In the past two months, I’ve attended the Adopting Bitcoin Cape Town conference in South Africa and the African Bitcoin Conference in Kenya. I’ve also visited Bitcoin circular economies in both of these countries including Bitcoin Ekasi, Afribit Kibera and Bitcoin Witsand. These experiences have opened my eyes to the fact that developers, community leaders and everyday plebs across Africa are harnessing the power of Bitcoin to catalyze change in their lives, and they’re doing so while carrying on the spirit of the early cypherpunks. An African Bitcoiner’s Manifesto In…

Grayscale rolls out Bitcoin Miners ETF, taps into global Bitcoin mining ecosystem

Key Takeaways Grayscale launched a Bitcoin Miners ETF, focusing on global mining companies. The ETF provides exposure to Bitcoin miners without direct investment in digital assets. Share this article Grayscale, a leading asset management firm specializing in crypto investing, is launching its Bitcoin Miners ETF, aiming to offer investors exposure to Bitcoin miners and the global mining ecosystem through companies listed in the Indxx Bitcoin Miners Index. The fund, trading under the ticker MNRS, invests in companies that derive most of their revenue from Bitcoin mining activities or businesses providing…