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

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

Market Opportunity
Core DAO Logo
Core DAO Price(CORE)
$0.1298
$0.1298$0.1298
-0.46%
USD
Core DAO (CORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Santander’s Openbank Sparks Crypto Frenzy in Germany

Santander’s Openbank Sparks Crypto Frenzy in Germany

 In Germany, the digital bank Santander Openbank introduces trading in crypto, which offers BTC, ETH, LTC, POL, and ADA in the MiCA framework of the EU. Santander, the largest bank in Spain, has officially introduced cryptocurrency trading to its clients in Germany, using its digital division, Openbank.  With this new service, users can purchase, sell, […] The post Santander’s Openbank Sparks Crypto Frenzy in Germany appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/09/18 04:30
The GENIUS Act Is Already Law. Banks Shouldn’t Try to Rewrite It Now

The GENIUS Act Is Already Law. Banks Shouldn’t Try to Rewrite It Now

The post The GENIUS Act Is Already Law. Banks Shouldn’t Try to Rewrite It Now appeared on BitcoinEthereumNews.com. Healthy competition drives innovation and better products for consumers; it is at the center of American economic leadership. Unfortunately, now that the bipartisan GENIUS Act has been signed into law, major legacy financial institutions seem to be having second thoughts about the innovations that stablecoins can bring to financial markets. Bank lobbying groups and public affairs teams have been peppering Congress with complaints about the law, urging members to reopen debate and introduce changes to the legislation that will ensure the stablecoin market doesn’t grow too quickly, protecting banks’ profits and stifling consumer choice. This reactionary response is both overblown and unnecessary. What legacy financial firms should do instead is embrace competition and offer exciting new products and services that consumers want, not try to kneecap emerging players through anti-innovation rules and regulations. The GENIUS Act was carefully designed with a thorough bipartisan process to strengthen consumer safeguards, ensure regulatory oversight, and preserve financial stability. Efforts to roll back its provisions are less about protecting families and more about protecting entrenched banking interests from the competition that helps ensure the U.S. banking system stays the strongest and most innovative in the world. Critics warn that allowing stablecoins to provide rewards could lead to massive deposit outflows from community banks, with figures as high as $6.6 trillion cited. But closer examination shows this fear is unfounded. A July 2025 analysis by consulting firm Charles River Associates found no statistically significant relationship between stablecoin adoption and community bank deposit outflows. In fact, the overwhelming majority of stablecoin reserves remain in the traditional financial system — either in commercial bank accounts or in short-term Treasuries — where they continue to support liquidity and credit in the broader U.S. economy. The dire estimates rely on unrealistic assumptions that every dollar of stablecoin issuance permanently…
Share
BitcoinEthereumNews2025/09/18 09:39
Grayscale’s GDLC Fund, Holding SOL and ADA, Receives SEC Approval for NYSE Listing

Grayscale’s GDLC Fund, Holding SOL and ADA, Receives SEC Approval for NYSE Listing

Grayscale’s GDLC Fund, holding BTC, ETH, XRP, SOL, and ADA, receives SEC approval to list on NYSE Arca, offering crypto exposure.   Grayscale’s Digital Large Cap Fund (GDLC) holds major cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. The U.S. SEC has approved GDLC to list on NYSE Arca. This gives investors regulated access to […] The post Grayscale’s GDLC Fund, Holding SOL and ADA, Receives SEC Approval for NYSE Listing appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/09/18 19:30