El Salvador makes bitcoin legal tender from Sept 27, 2021

In a development that sees Bitcoin gaining increasing traction in the financial world, El Salvador’s President Nayib Bukele announced during a national address that the country has passed a bill making bitcoin legal tender with effect from September 7 2021; use of the cryptocurrency will be optional. The country’s Congress has already approved Bukele’s proposal…

Commonwealth Bank of Australia to organise launch of blockchain-based bond for World Bank

This development essentially cements blockchain’s future in the coming years. Its adoption will slash costs, boost transparency and will revolutionize the finance industry from what we know it today. In what is likely to be a milestone for blockchain technology, Commonwealth Bank of Australia has won a mandate from the World Bank to organize a…