Nick Baker is CoinDesk’s deputy editor-in-chief and a Loeb Award winner. He owns more than $1,000 of BTC and SOL.
X had ignored an order to remove some accounts. So, on Friday, Brazilian Supreme Court Justice Alexandre de Moraes ruled that internet service providers must block X in the country of about 215 million people, according to. Local media reported that anyone who uses a VPN to circumvent the ban could be subject to a fine amounting to 50,000 reais , according toFor cryptocurrencies, the decision cuts Brazilian users off from a platform that has for years served as the industry's town square.
Crypto-supporter Jack Dorsey, who co-founded X when it was called Twitter, has supported two alternative platforms: Nostr and Bluesky, though he's distanced himself from the latter.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
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