Israel’s Prime Minister Asks the Question: Can Bitcoin Destroy Banks?

On December 12, Prime Minister Benjamin Netanyahu openly commented on the future of banking, seen through a youtube video.
Venezuela’s Fiat Currency is Declining Rapidly and Bitcoin is Taking Over

Venezuela’s Fiat Currency is Declining Rapidly and Bitcoin is Taking Over

Years of hyperinflation of the Venezuelan bolivar has made the currency nearly unusable.

Venezuelan President Announces Oil-Backed Cryptocurrency “Petro” to Combat ‘US Blockade’

According to Reuters, Venezuelan president Nicolas Maduro recently announced a new cryptocurrency during a Christmas television special, amid the country’s economic crisis and the plunge of the Venezuelan Bolivar’s value.

Catalonia Considers Separate Digital Currency and E-Residency Program

Catalonia, which is fighting for independence from Spain, is considering an e-residency program similar to the one in Estonia. Catalonia is also considering adopting its own digital token or cryptocurrency. The Government of Catalonia, the Generalitat de Catalunya, has sent representatives to Estonia to learn about the e-residency program, which offers a government-issued digital identity card that provides a way to operate a location-independent business online.