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Covering Bitcoin stories @bitcoinmagazine. Open-source contributor @blockchaincomns. Privacy and freedom advocateSource
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Nubank Now Allows 53 Million Brazilians To Buy Bitcoin

Nubank Now Allows 53 Million Brazilians To Buy Bitcoin

September 13, 2022Brazil’s largest digital bank, Nubank, has rolled out bitcoin buying capabilities to all its .The Warren Buffett-backed fintech had through a blog post, mentioning how the option would be rolled out in phases. At the time, the company also made a treasury allocation to bitcoin. was updated on Monday to reflect the new status: all Nubank customers now have access to the “Nubank Crypto” tab – where bitcoin can be negotiated.“The option to buy cryptocurrencies through Nubank is now available to all our customers. Update your app,” the updated blog post reads.Users can buy and...

June 28, 2022
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EU Parliament Backtracks Ban On Bitcoin’s Proof-Of-Work

EU Parliament Backtracks Ban On Bitcoin’s Proof-Of-Work

September 13, 2022The European Union (EU) has dropped its plans to impose a de-facto ban on bitcoin mining and related activities that could allegedly hurt the region’s efforts to promote sustainable technologies, according to multiple reports.The proposed de-facto ban on the Proof-of-Work (PoW) consensus mechanism was part of a major draft bill in the EU, the , introduced in 2020 to tighten regulation around Bitcoin and cryptocurrency by establishing a more detailed and streamlined regulatory framework across the continent.“It seems that reason and common sense prevailed,” Paris MEP Pierre...

March 14, 2022
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Strike Launches Pay Me In Bitcoin Feature To Allow Income Conversion Into Bitcoin

Strike Launches Pay Me In Bitcoin Feature To Allow Income Conversion Into Bitcoin

September 13, 2022Lightning Network payments platform Strike has announced its newest feature, Pay Me In Bitcoin, which will allow users to programmatically convert a portion of or all of their income into bitcoin in the app by using their bank account and routing numbers.“I am unbelievably excited to announce and publicly release Pay Me in Bitcoin with Strike,” the company founder Jack Mallers wrote in an announcement post shared with Bitcoin Magazine. “Today, anyone with a Strike account, no matter their employer, can get paid in bitcoin.”Pay Me In Bitcoin seeks to enable financial...

October 14, 2021
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