Komodo Insights

El Salvador has become the first country to adopt Bitcoin as an official currency. Komodo has previously mentioned some generalizations and effects of this decision. But, what 's the context? What are the reasons behind it? Can it occur in other places around the world?

El Salvador's historic decision to deem Bitcoin as legal tender sets a precedent for how other governments can embrace cryptocurrencies.

The story surrounding Robinhood's decision to ban $GME trading isn't just another news story. The popular stock trading app not only stopped retail traders from making trades but also supposedly began selling their stocks without their consent.