The post Btrust Names Abubakar Nur Khalil As New CEO appeared on BitcoinEthereumNews.com. Bitcoin development nonprofit Btrust has named Nigerian Bitcoin Core contributor Abubakar Nur Khalil as its new chief executive officer, the organization announced today.  Khalil had previously served as interim CEO while sitting on the board as a non-voting member. Khalil will step down from his board position and report directly to the organization’s directors in the full-time role.  His three-year term is renewable once. Founded to support open-source Bitcoin development in the Global South, Btrust has expanded its footprint across Africa, Latin America, and India over the past year. The non-profit received initial funding from Jay-Z and Jack Dorsey. During his interim leadership, the group increased partnerships with organizations including Bitshala, Vinteum and 2140, and reported record grant distribution.  Since mid-2024, Btrust says it has issued more than $1.7 million in funding, with over half going directly to developers. Khalil co-founded Btrust Builders, an initiative focused on growing the open-source developer pipeline in emerging markets. He is recognized as a prominent advocate for Bitcoin development in Africa. “I’m honored to have led Btrust as interim CEO over the past year,” Khalil said in a statement, adding that he aims to strengthen the organization’s systems and scale its impact in 2026 and beyond. “Ensuring that Bitcoin continues to be a money that works for everyone worldwide.” Board member Obi Nwosu said Khalil is well-positioned to guide Btrust through its next phase as it builds out long-term programs and developer support infrastructure.  The organization said continuity will be a major focus as it transitions from early-stage growth to broader execution. Btrust’s board launched the CEO search in July, citing the need for dedicated leadership as its programming expands globally. The organization said the appointment marks “a meaningful next chapter” in its mission to strengthen decentralized Bitcoin development. Abubakar Nur Khalil will also… The post Btrust Names Abubakar Nur Khalil As New CEO appeared on BitcoinEthereumNews.com. Bitcoin development nonprofit Btrust has named Nigerian Bitcoin Core contributor Abubakar Nur Khalil as its new chief executive officer, the organization announced today.  Khalil had previously served as interim CEO while sitting on the board as a non-voting member. Khalil will step down from his board position and report directly to the organization’s directors in the full-time role.  His three-year term is renewable once. Founded to support open-source Bitcoin development in the Global South, Btrust has expanded its footprint across Africa, Latin America, and India over the past year. The non-profit received initial funding from Jay-Z and Jack Dorsey. During his interim leadership, the group increased partnerships with organizations including Bitshala, Vinteum and 2140, and reported record grant distribution.  Since mid-2024, Btrust says it has issued more than $1.7 million in funding, with over half going directly to developers. Khalil co-founded Btrust Builders, an initiative focused on growing the open-source developer pipeline in emerging markets. He is recognized as a prominent advocate for Bitcoin development in Africa. “I’m honored to have led Btrust as interim CEO over the past year,” Khalil said in a statement, adding that he aims to strengthen the organization’s systems and scale its impact in 2026 and beyond. “Ensuring that Bitcoin continues to be a money that works for everyone worldwide.” Board member Obi Nwosu said Khalil is well-positioned to guide Btrust through its next phase as it builds out long-term programs and developer support infrastructure.  The organization said continuity will be a major focus as it transitions from early-stage growth to broader execution. Btrust’s board launched the CEO search in July, citing the need for dedicated leadership as its programming expands globally. The organization said the appointment marks “a meaningful next chapter” in its mission to strengthen decentralized Bitcoin development. Abubakar Nur Khalil will also…

Btrust Names Abubakar Nur Khalil As New CEO

2025/11/04 08:32

Bitcoin development nonprofit Btrust has named Nigerian Bitcoin Core contributor Abubakar Nur Khalil as its new chief executive officer, the organization announced today. 

Khalil had previously served as interim CEO while sitting on the board as a non-voting member. Khalil will step down from his board position and report directly to the organization’s directors in the full-time role. 

His three-year term is renewable once.

Founded to support open-source Bitcoin development in the Global South, Btrust has expanded its footprint across Africa, Latin America, and India over the past year. The non-profit received initial funding from Jay-Z and Jack Dorsey.

During his interim leadership, the group increased partnerships with organizations including Bitshala, Vinteum and 2140, and reported record grant distribution. 

Since mid-2024, Btrust says it has issued more than $1.7 million in funding, with over half going directly to developers.

Khalil co-founded Btrust Builders, an initiative focused on growing the open-source developer pipeline in emerging markets. He is recognized as a prominent advocate for Bitcoin development in Africa.

“I’m honored to have led Btrust as interim CEO over the past year,” Khalil said in a statement, adding that he aims to strengthen the organization’s systems and scale its impact in 2026 and beyond. “Ensuring that Bitcoin continues to be a money that works for everyone worldwide.”

Board member Obi Nwosu said Khalil is well-positioned to guide Btrust through its next phase as it builds out long-term programs and developer support infrastructure. 

The organization said continuity will be a major focus as it transitions from early-stage growth to broader execution.

Btrust’s board launched the CEO search in July, citing the need for dedicated leadership as its programming expands globally. The organization said the appointment marks “a meaningful next chapter” in its mission to strengthen decentralized Bitcoin development.

Abubakar Nur Khalil will also be speaking at Bitcoin MENA, happening December 8–9, 2025, at the ADNEC Center in Abu Dhabi.

Source: https://bitcoinmagazine.com/builders/btrust-names-abubakar-nur-khalil-ceo

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Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis

Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis

BitcoinWorld Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis In a crucial political breakthrough, the US Senate has approved a temporary budget bill that resolves the looming government shutdown crisis. This decisive action brings relief to millions of Americans and federal workers who faced uncertainty about government operations and services. What Does the Temporary Budget Bill Accomplish? The newly passed temporary budget bill provides essential government funding through January, ensuring continuous operation of federal agencies and services. This stopgap measure passed with a solid 60-40 vote margin, demonstrating bipartisan support for keeping the government functioning. Following the bill’s approval, President Donald Trump expressed optimism about the shutdown ending soon. The temporary budget bill represents a practical solution that allows more time for comprehensive budget negotiations while preventing immediate disruption to government services. Why Was This Temporary Budget Bill Necessary? Government shutdowns create widespread consequences that affect: Federal employee pay and benefits Essential public services National park operations Economic stability and market confidence The temporary budget bill serves as a bridge solution, providing lawmakers additional time to reach consensus on longer-term funding arrangements. This approach prevents the damaging effects of a full government shutdown while maintaining critical operations. How Does the Political Process Unfold From Here? With the temporary budget bill now passed, attention shifts to the House of Representatives and presidential approval. The legislative process requires both chambers to agree on identical versions before the bill reaches the President’s desk for signature. This temporary budget bill success follows reports of senators reaching partial agreements earlier in the week. The 60-40 vote margin indicates significant cross-party cooperation, suggesting growing consensus around the urgency of avoiding a government shutdown. What Are the Immediate Impacts of This Decision? The passage of this temporary budget bill brings several immediate benefits: Federal workers can continue their duties without interruption Government services remain accessible to citizens Economic uncertainty decreases International confidence in US stability strengthens Moreover, the temporary budget bill creates a stable environment for businesses and individuals who rely on consistent government operations. This stability is crucial for maintaining economic momentum and public confidence. Looking Ahead: What Comes After This Temporary Budget Bill? While this temporary budget bill resolves the immediate crisis, it sets the stage for more comprehensive budget negotiations in the coming months. Lawmakers now have until January to develop a longer-term funding solution that addresses broader fiscal priorities. The successful passage of this temporary budget bill demonstrates that bipartisan cooperation remains possible in challenging political environments. It serves as a model for future negotiations and highlights the importance of pragmatic solutions over ideological standoffs. Frequently Asked Questions What is a temporary budget bill? A temporary budget bill, often called a continuing resolution, provides short-term funding to keep government operations running when full-year budgets aren’t approved by the deadline. How long does this temporary budget bill last? This specific temporary budget bill funds the government through January, giving lawmakers several months to negotiate a more comprehensive budget agreement. What happens if a temporary budget bill isn’t passed? Without a temporary budget bill or full budget approval, the government would partially shut down, furloughing non-essential workers and suspending many services. Can the temporary budget bill be extended? Yes, temporary budget bills can be extended if lawmakers need additional time to reach agreement on longer-term funding solutions. What services continue during temporary budget periods? Essential services like national security, air traffic control, and law enforcement continue, while non-essential services may operate with reduced staffing. How does this affect federal employees? Federal employees continue working and receiving pay during temporary budget bill periods, avoiding the uncertainty of potential furloughs. Found this analysis helpful? Share this article with others who need to understand how the temporary budget bill affects our government and economy. Your shares help spread accurate information about important political developments. To learn more about how government decisions impact financial markets, explore our article on key developments shaping economic policy and market reactions. This post Critical Victory: US Senate Passes Temporary Budget Bill Ending Government Shutdown Crisis first appeared on BitcoinWorld.
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Coinstats2025/11/10 12:10