2022-4-12 15:02 |
The race is on for the next country to accept Bitcoin as legal tender within its borders. While national governments are adopting a tentative approach, regions are unveiling concrete plans to go all-in. origin »
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Before El Salvador had made Bitcoin a legal tender, it was a relatively unknown small North American country. The decision to make bitcoin legal tender alongside the U. S. dollar had given it overnight fame and the world watched on to see how this will affect its economy.
2022-5-17 20:00 | |
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Bitcoin adoption as a legal tender could spiral to a new high as several governments around the world are already looking at the practicality of adopting the flagship digital asset within their jurisdiction.
2022-2-25 21:30 | |
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With state legislators attempting to recognize bitcoin as legal tender in the U.S., we’ve entered a new, uncharted phase of adoption.
2022-2-18 03:30 | |
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El Salvador adopted Bitcoin as legal tender in September 2021 and wants to build…
The post IMF wants El Salvador to drop Bitcoin as legal tender appeared first on Coin Journal.
2022-1-27 22:41 | |
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El Salvador made history by becoming the first nation in the world to adopt bitcoin as legal tender. However, does this mean other countries should follow in its footsteps? The post Bitcoin as Legal Tender Helps Adoption — But It’s Complicated appeared first on BeInCrypto.
2021-11-17 16:00 | |
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Bitcoin has been touted as many things – a store of value, a means of exchange, and crazy magic computer money. Certain South American nations have considered BTC as legal tender. Online retailers are setting up crypto payment options as the most convenient way to trade internationally.
2021-9-21 14:54 | |
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Following the legalization of bitcoin as legal tender in El Salvador, it appears that most of the country’s citizens are not enthusiastic about the government’s move to adopt bitcoin. El Salvadorans Skeptical About Bitcoin According to Reuters on Thursday (July 8, 2021), the thoughts of El Salvadorans about the government’s bitcoin plan were revealed inRead More
2021-7-10 21:00 | |
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China cracks down against Bitcoin while El Salvador adopts it as legal tender; who’s making the right move?
2021-7-2 21:54 | |
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The president of the European Central Bank (ECB), Christine Lagarde, has shared her view on El Salvador making bitcoin legal tender. She confirmed that the central bank’s policy on bitcoin and other cryptocurrencies has not changed.
2021-6-14 04:00 | |
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The Bitcoin Law mandates that all businesses must accept Bitcoin payments if they can… The post El Salvador Becomes First Country to Approve Bitcoin as Legal Tender appeared first on Coin Journal.
2021-6-9 15:12 | |
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Bitcoin is now officially legal tender in a sovereign state for the first time, but can it exit its bearish price phase?
2021-6-9 10:41 | |
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From the time Bitcoin gained public attention in 2017, reaching its all-time high of $20,000, to Facebook announcing the launch of Libra in 2019, central banks across the globe are fearing the implicaThe post Bitcoin doesn't have to be deemed legal tender to succeed appeared first on AMBCrypto.
2020-2-24 15:00 | |
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A phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments.
2019-12-26 12:15 | |
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On November 29th, the Central Bank of Russia came out against Bitcoin, claiming that their local ruble should be the nation’s only legal tender. While nothing has been set in stone as of yet, the Central Bank is open to banning the ability to buy goods and services with Bitcoin due to the risky nature […] The post Russian Central Bank Comes out Against Bitcoin, Would Support a Ban appeared first on BeInCrypto.
2019-12-2 12:26 | |
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Cryptocurrencies like Bitcoin are neither financial assets nor legal tender, says the International Financial Reporting Interpretations Committee
2019-9-23 12:35 | |
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The ability to offer a currency that is regulated by its users instead of being at the mercy of large institutions has changed the way people think about economic exchanges. Since Bitcoin was released in 2009, it has grown to include millions of users and became accepted as official tender for many major businesses.
2019-6-18 13:19 | |
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At the tender age of 12, you’re of course a big enough boy to think Santa Clause is a complete fiction, but you are still very susceptible to the concept...
2019-6-6 21:36 | |
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By CCN: Ethereum’s status as a legitimate transactional currency was confirmed once again this week – by none other than the Securities and Exchange Commission. The SEC’s recent lawsuit against Kik (KIN) details the particulars of the KIN token sale – the public phase of which was carried out against ETH, as opposed to the U.
2019-6-5 16:57 | |
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U. S. citizen Morgan Rockcoons has been sentenced to fines and prison time for running unlicensed money exchange services on LocalBitcoins. Advertising himself on the peer-to-peer bitcoin trading network, Rockcoons made more than 1,000 transactions with hundreds of different users.
2019-6-1 18:55 | |
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By CCN: The governor Reserve Bank of Malawi (RBM) has warned that cryptocurrencies are not legal tender and should not be used in place of the legal fiat currency, the Malawi Kwacha. According to local media, Dr.
2019-5-30 11:40 | |
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“Not a legal tender” is a phrase that we have come across more often in the past 12 months than we ever did in the past. A report published on a local news agency Nyasa Times on May 27, 2019, informed that the Reserve Bank of Malawi has jumped on the bandwagon to declare thatRead MoreRead More.
2019-5-29 19:00 | |
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A number of independent studies published recently have shown that there has been a growing interest from the Malawian population in regards to cryptocurrencies (such as Bitcoin, Ethereum) and its associated offerings.
2019-5-28 17:18 | |
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According to an article by the Financial Post “cash is almost extinct” in Sweden due to the country’s efforts to become a cashless society. Recently, Sweden’s Central Bank, also known as Riksbank, released a statement requesting clarification on legal tender.
2019-4-30 18:24 | |
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Part 3, the final segment of China’s regulation of the cryptocurrency industry. Based on the trend of regulation, China has very methodically tried to breakdown the decentralized currency industry.
2019-4-15 16:45 | |
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The billionaire suggests technology is the answer to economic recovery.
2019-3-27 21:16 | |
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In a bid to survive the harsh sanctions imposed on it by the government of the United States, blockchain-based digital assets such as bitcoin (BTC) have now become legal tender in the Iranian tourism sector, and the nation’s authorities are also working hard to launch a state-backed cryptocurrency, reports AL-Monitor on March 21, 2019.
2019-3-24 22:00 | |
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South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News.
2019-2-7 16:40 | |
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South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News.
2019-2-7 16:40 | |
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Bitcoin (BTC), Cryptocurrency–In the midst of an uneventful week for cryptocurrency, with coin prices still hovering at their lowest point for the new year, the state of Wyoming is nearing the transition period to officially recognizing cryptocurrency as a legal form of tender.
2019-2-2 23:41 | |
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In 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida made headlines for a ruling she made during the Michell Espinoza trial. Judge Pooler ruled Espinoza could not be charged with illegal money transmission offenses because bitcoin was not considered legal tender.
2019-1-31 17:55 | |
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Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies encroaching on their turf.
2019-1-26 10:38 | |
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The Singaporean government has declared that cryptocurrencies aren’t legal tender and has cautioned business owners against accepting it, just as JK Jewellery has announced that crypto would be accepted in their stores.
2019-1-25 02:00 | |
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Singapore Law Ministry Announces The Cryptocurrency Is Not Considered Legal Tender, Warning Companies Not To Accept As Payment Cryptocurrencies have been working to find their place in various jurisdictions as countries around the world categorize them for tax purposes, payments, and more.
2019-1-24 22:08 | |
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Although there are several regulatory agencies around the world trying to regulate the cryptocurrency market, there are others that want to make cryptocurrencies legal tender. Ghana’s Securities and Exchange Commission (SEC) is considering licensing digital assets in the country.
2019-1-23 20:34 | |
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According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.
2019-1-24 20:28 | |
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The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender. Also in The Daily, the Justice Ministry in Moscow has confirmed that it classifies digital coins as “other property.
2018-12-15 17:15 | |
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Considering the significant benefits that can come with using cryptocurrencies, it shouldn’t be surprising that governments around the world want a piece of the pie. While there have been some reservations from policymakers regarding digital currency, an increasing number of countries are exploring the development of national cryptocurrencies to supplement their current legal tender.
2018-12-6 02:00 | |
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Three Directors Of Zambia’s Heritage Coin Resources Limited Accused Of Laundering $2. 4 Million Arrested Zambia’s Drug Enforcement Commission (DEC) has apprehended three directors of the Heritage Coin Resources Limited in an alleged offence of laundering more than k28,000,000, which is approximately $2.
2018-11-12 20:42 | |
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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.
2018-11-5 22:04 | |
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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.
2018-11-7 22:04 | |
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Cryptocurrency, Stablecoins, Bitcoin (BTC)–As stablecoins, the new industry of cryptocurrency that is focused on price stability, continues to gain traction relative to Bitcoin and the altcoin market, competition is going to mount over the viability of transacting as adoption grows.
2018-11-3 04:26 | |
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The Shenzhen Court of International Arbitration (SCIA) has recently affirmed that cryptocurrencies, specifically bitcoin and several of its hard forks, are considered legal property and Chinese citizens have a right to own and transfer them.
2018-10-27 19:22 | |
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Japan has always been a pro-cryptocurrency state. It made Bitcoin legal tender when several other countries were still determining the legal status of digital assets. The Financial Services Agency (FSA) of Japan gave the crypto industry self-regulatory status on Wednesday.
2018-10-26 22:29 | |
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The cryptocurrency market is not regulated in India, and the Indian government does not consider crypto as a legal tender or investment. The Reserve Bank of India banned all banking channels to crypto entities in April this year.
2018-10-26 21:29 | |
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The Bank of Zambia has started to clamp down on cryptocurrency-related businesses, mere days after declaring that it does not view digital coins such as BTC as legal tender. The crackdown began on Oct.
2018-10-16 23:30 | |
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Bitcoin Will Not Be Accepted As Legal Tender By Zambian Central Bank, Leaving Investors To Fend For Themselves In The Event Of Market Failure According to an announcement on October 12th, cryptocurrencies are not being considered legal tender within the borders of Zambia.
2018-10-15 18:21 | |
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The Zambian central bank said on Oct. 12 that cryptocurrencies like bitcoin core and bitcoin cash aren’t legal tender, cautioning that those transacting in such will have no one to blame in the event of market failure.
2018-10-14 02:50 | |
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Binance has announced a $2. 5 million investment in Australian travel startup TravelbyBit in a move to introduce a blockchain-based, point-of-sale (POS) payment system across major airports around the world.
2018-10-4 17:50 | |
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Japan has been one of the few countries in the world that has been pro-crypto since day one. The country pronounced Bitcoin as a legal form of payment back in 2016, but until 2017 the country did not have regulations for the market and industry.
2018-9-19 09:21 | |
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Bitcoin price is consolidating above the $95,000 support zone. BTC must settle above the $100,000 level to start a fresh increase in the near term. Bitcoin started a fresh increase from the $94,200 zone.
Bitcoin price started a fresh upward move above $100,000. BTC is facing resistance at $103,000 and might aim for an upside break. Bitcoin started a decent upward move above the $100,000 zone. The price is trading below $103,200 and the 100 hourly Simple moving average.
Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim for a fresh increase above the $105,000 zone. Bitcoin started a downside correction from the $106,800 zone.