Bitcoin signage during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. The biggest Bitcoin event in the world brings a sold-out crowd of 12,000 attendees and thousands more to Miami for a two-day conference.
El Salvador’s President Nayib Bukele said the nation has adopted Bitcoin as legal tender, a step he believes will create jobs and promote financial inclusion.
Bukele, Latin America’s youngest president who’s known to break from the norms, said on Twitter lawmakers approved the legislation by a “supermajority.”
The 39-year-old leader has previously said that Bitcoin could boost the economy, help counter El Salvador’s low banking penetration rate and facilitate faster transfers for $6 billion of remittances a year. The move to make the virtual coin legal tender is a rare slice of good news for the largest cryptocurrency, which is struggling to recover from a rout in May.
El Salvador’s central bank President Douglas Rodriguez said in an interview with state TV on Tuesday that Bitcoin is already used in the country and “it’s not something people need to be afraid of,” while adding it won’t replace the U.S. dollar.
Bitcoin has roughly halved from a mid-April record of almost $65,000, hurt in part by billionaire Elon Musk’s criticism of the amount of energy needed by the servers underpinning it.
Australia's Victoria state reported zero locally acquired cases of COVID-19 for the first time in nearly three weeks on Friday as state capital Melbourne came out of a snap two-week lockdown after an outbreak that has seen about 90 cases since May 24.
Vaccination certificates are increasingly being considered as a way of opening up borders and travel. But could the unvaccinated be banned from events or businesses? Maria O’Sullivan explores the issue.
The Group of Seven nations is set to commit to sharing at least 1 billion coronavirus shots with the world, British Prime Minister Boris Johnson has announced, with half coming from the US and 100 million from the UK, as US President Joe Biden urges allies to join in speeding the pandemic’s end and bolstering the strategic position of the world's wealthiest democracies.
Consultation moves forward with position paper release. The federal government has provided the most comprehensive look at planned legislation for the expansion of its federated digital identity scheme to state and territory governments and the private sector to date.
A higher-than-expected number of young men have experienced heart inflammation after their second dose of the mRNA COVID-19 shots from Pfizer/BioNTech and Moderna, according to data from two vaccine safety monitoring systems, the U.S. Centers for Disease Control and Prevention (CDC) said on Thursday.
For many Americans, it may feel like the coronavirus pandemic is essentially over. But as of Thursday, "more people have died from COVID-19 already this year than in all of 2020," The Wall Street Journal reports — more than 1.884 million in the first six months of 2021, versus 1.880 million in 2020, according to official figures tallied by Johns Hopkins University.
Taiko Pharmaceutical based in Osaka, Japan, has announced that long-lasting chlorine dioxide (ClO2) aqueous solution inactivated over 99.99% of SARS-CoV-2 (COVID-19 Virus), including its Alpha and Gamma variants, in a test conducted in collaboration with Kitasato Institute/Kitasato University in Tokyo, Japan.
Why do some people get side effects after COVID-19 vaccines? Temporary side effects including headache, fatigue and fever are signs the immune system is revving up -- a normal response to vaccines. And they’re common.