It may not have been Tulip season in the Netherlands, but there was a palpable buzz at the picturesque Westerpark, which played host to the Bitcoin Amsterdam 2022 conference. Prominent speakers from all corners of the Bitcoin (BTC) ecosystem drew in a healthy number of attendees across the two days of the program, exploring wide-ranging topics, challenges and successes as the space nears its 14th year of existence. With global economic woes continuing across conventional markets and global monetary inflation concerns mounting, Bitcoin’s role as a potential hedge was a major topic of discussion, kicking things off inside the Westerunie …

With inflation becoming a bigger problem as time goes on, Bitcoin may become a better and more trusted means of exchange in Europe in the coming years, according to politician Nigel Farage. At the Bitcoin Amsterdam 2022, Cointelegraph reporter Gareth Jenkinson spoke with Nigel Farage, the former head of the pro-Brexit United Kingdom Independence Party, and discussed how the politician first heard about Bitcoin (BTC), the appeal of the cryptocurrency as a hedge against inflation and how it may get broader adoption in Europe in the near future. According to Farage, he first discovered Bitcoin ten years ago when he …

Blockchain is no longer a buzzword being thrown around by mainstream institutions as meaningful and fully-working pilots and programs come to the fore at Blockchain Expo Europe 2022 in Amsterdam. Before the Covid-19 pandemic, a number of mainstream companies from various industries started to explore ways blockchain technology could be used to improve processes and products. After two years of social distancing and working from home, the time to harvest the fruits of sewn seeds has arrived, as evidenced by some intriguing updates from major corporations utilizing blockchain technology. The world of business consulting, healthcare and pharmaceuticals and the energy …

Major Dutch stock exchange Euronext Amsterdam, a part of the pan-European marketplace Euronext, is debuting its first Bitcoin (BTC) exchange-traded fund (ETF). Jacobi Asset Management, a London-based digital asset management platform, is preparing to launch its Jacobi Bitcoin ETF on Euronext Amsterdam next month, the firm announced on Thursday. The spot Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN. The Jacobi Bitcoin ETF is positioned as the first spot Bitcoin ETF launched in Europe, Jacobi founder and CEO Jamie Khurshid told Cointelegraph. "Our product is the first spot or physical-backed Bitcoin fund, and the …

Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America. CoinDesk announced the companies’ new partnership in a report on Aug. 13. According to the report, the upshot of this partnership is that Bantotal’s clients will have access to Bitex’s exchange services via a marketplace that hosts traditional financial services in its BDevelopers program. Per the report, Bitex will act as a middleman service for cross-border payments. The exchange’s role is to convert from fiat currency to BTC, and then back to fiat …

Amsterdam-based crypto exchange Blockport will attempt a relaunch after the firm said it would shut down its platform by the end of May, tech news outlet The Next Web reports on June 4. On May 22, Blockport was declared bankrupt by a Dutch court, following the firm’s unsuccessful security token offering (STO) of Blockport Securities (BPT) tokens. Blockport first announced its STO in March, describing its BPS token as a security token that is pegged to a stake in Blockport and enables holders to profit sharing through dividends. Launched on April 16, the STO reportedly offered investors the ability to …

Bad news for the Dutch Bitcoin scene: a thief stole two of Amsterdam 's Bitcoin-ATMs (BTMs). As of yet, the offenders have not been caught. The two BTM's were stolen in the same week about a month ago. One of these machines is a two-way BitAccess BTM, worth about US$10,000, and was placed in a small Thai restaurant named Waries Thai Food. The second is a one-way General Bytes BATMtwo, worth some US$3,000, and was located at 't Hofje van Wijs, a bar in the Red Light District, which serves a dual role as the Bitcoin Embassy Amsterdam. The news …

While in Amsterdam during my vacation in Holland, I did not miss the opportunity to visit almost every local Bitcoin-friendly business participating in the Bitstraat program in the city. Unfortunately, I was underwhelmed—not by the number of participants, which currently totals one or two dozen, but by the problems I encountered when trying to pay for my purchases with bitcoin. First, the staff at many places, including the cafe that hosts the Bitcoin embassy itself, were not on-boarded when it comes to using the POS terminals. Understandably, personnel frequently changes and many new staff members have never even heard of …

The Bitcoin Embassy in Amsterdam opened its doors just last month on December 12, 2014, and it is already hosting regular events for such companies as OpenBazaar and BitPay, as well as organizing social get-togethers several times a week. The Amsterdam Bitcoin Embassy Inspired by the Tel Aviv Bitcoin emBassy, the Amsterdam embassy strives to become the place to go for everything Bitcoin, not only for locals, but also as for enthusiasts, entrepreneurs and just about everyone interested in cryptocurrency who passes through one of Europe’s major transit hubs from America, Asia and elsewhere. I sat down with the embassy’s …