Bitcoin will be included in the educational proposal of schools in El Salvador and in the educational proposal of the University of Liberty, in Mexico. This and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
Latin America advances in Bitcoin education
📍The Ministry of Education of El Salvador will collaborate with Mi Primer Bitcoin to bring knowledge about Bitcoin to all schools. According to the Bitcoin education-focused program Mi Primer Bitcoin, El Salvador will introduce education on the most powerful cryptocurrency on the market in all public schools in the country next year.
The organization noted that the country is focused on empowering all its citizens in the digital economy. Knowledge about Bitcoin and its disruptive potential will lead El Salvador to financial empowerment, the organization noted.
Meanwhile, in Mexico, the University of Liberty, which opened this week, is proposing to include Bitcoin in its educational program.
The opening ceremony was attended by several well-known personalities in the world of cryptocurrencies, such as Samson Mow, CEO of Jan3 and strategy director of Blockstream, and Ricardo Salinas, owner of Grupo Salinas and a Bitcoiner who defends the innovation of Bitcoin as a cryptocurrency and as an alternative investment asset.
Mow highlighted Bitcoin as an asset that can be used without permission and that is also immutable and accessible to anyone, while Salinas spoke about the potential of Bitcoin to build healthy markets and to give users back control over their finances.
Balaji Srinivasan promotes self-custody
📍American businessman and investor promotes self-custody of Bitcoin and cryptocurrencies. During the Baltic Honeybadger 2023 event, Srinivasan spoke about the importance of Bitcoin and cryptocurrency users keeping their assets in self-custody.
According to the entrepreneur, cryptocurrencies stored on some exchange platforms could be trapped in the event of a “judicial battle.” In his opinion, users should have at least 50% of their cryptocurrency funds in self-custody wallets. He also noted that the ideal would be for exchanges themselves to recommend their users to store part of their bitcoins and other crypto assets autonomously.
A new call to Congress to regulate cryptocurrencies
📍Congressman French Hill is advocating for a clear regulatory framework for cryptocurrencies. In a interview Speaking with Forbes, Congressman Hill highlighted the importance of establishing a clear regulatory framework for cryptocurrencies and digital assets to clarify the current uncertainty for users and investors.
During the interview, Hill noted that one of the biggest challenges currently in the crypto industry revolves around the Howey test and determining whether cryptocurrencies truly qualify as securities.
Hill also criticized the SEC and its current chairman, Gary Gensler, for their lack of interest in regulating the growing cryptocurrency industry. He noted that many of the current challenges facing the crypto industry could have been effectively handled long ago under the authority of the Securities and Exchange Commission (SEC). However, he noted that “this commission and this chairman have shown no interest in doing so.”
Congressman Hill is Vice Chair of the House Financial Services Committee and Chair of the inaugural House Financial Services Subcommittee on Digital Assets, Financial Inclusion, and Technology.
USDC Expands to Ethereum Layer 2
📍Second layer networks Optimism and Base receive the stablecoin USDC. With the implementation of USDC on Optimism and Base, the stablecoin developed by Circle is now available on 11 blockchains natively.
Circle said in its statement that the implementation of USDC, currently the second most capitalized stablecoin in the market with more than $26.000 billion, will open up opportunities for the development of new and innovative use cases.
Continue reading: Filecoin gains credibility among the scientific community
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