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Central bank of Bahrain tests BTC payments
OpenNode, a supplier of Bitcoin infrastructure, stated that it would test a bitcoin payment processing and payments solution in the regulatory sandbox of the Central Bank of Bahrain (CBB).
The monarchy has made several efforts to enter the cryptocurrency economy independently and as a member of the Cooperation Council for the Arab States of the Gulf (GCC).
The deal with the Central Bank of Bahrain was a historic moment for the people of Bahrain, the Middle East, and the Bitcoin economy, according to OpenNode CEO and cofounder Afnan Rahman.
Fidelity considers adding bitcoin trading to platform
Fidelity Investments is reportedly looking into the possibility of offering bitcoin trading to individual investors four years after launching its digital assets platform.
Citing people familiar with the matter, The Wall Street Journal reports that the financial giant is considering allowing individual investors to trade the flagship crypto asset on its brokerage platform.
Fidelity has yet to share its plan with its client, but Galaxy Digital CEO Mike Novogratz says the news already reached him, as stated by Novogratz at the SALT conference in New York on Monday,
Merge Ethereum finally about to happen
One of the biggest events in the crypto world is coming. Ethereum is finally set to undergo the Merge following six years of hard work. The soft deadline is on September 15th, but it may shift due to the technical complexity of the process. The event is significant indeed, as it will upgrade the blockchain to a completely new level, bringing more scalability and security.
After The Merge, the network will be using staked ETH to confirm transactions, thus enhancing the security and aborting energy-consuming mining. In fact, this transition will reduce the energy consumption by about 99.95%. It is going to bring a completely new philosophy to the way the crypto space works.
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