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Lithosphere Blockchain to Partner with Central Bank of Brazil to Launch Digital Real CBDC Trial, Launches Lithosphere (LITHO) IEO
Brazil is the latest country to look at digital currency as legal tender. The Lithosphere cryptocurrency platform developed by KaJ Labs, a Seattle blockchain firm, initiated discussions with... дальше »
2021-11-4 15:09 | |
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ATM data shows Salvadorans interest in Bitcoin (BTC) is rising
A little over a month after El Salvador legitimized Bitcoin as a legal tender within its jurisdiction, and with the value of the flagship asset touching new heights during the weekend, indications have emerged that interest in it has surged drastically in the Central American country. дальше »
2021-10-19 22:00 | |
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Where And Why Cryptocurrency Should Be Legally Recognized
Advantages of cryptocurrencies over fiat money Most of the world’s central banks cautiously introduce crypto-currencies into legislation and just consider the idea of making them official. At the same time, El Salvador has taken a big step forward and became the first in the world to declare Bitcoin legal tender. The law was enacted on […] дальше »
2021-9-30 19:20 | |
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After El Salvador, will Paraguay be the next to make Bitcoin 'official currency'
El Salvador's adoption of Bitcoin as legal tender this month kindled national ambitions across Central and South America. In Paraguay, congressman Carlitos Rejala excited Bitcoin supporters, when his The post After El Salvador, will Paraguay be the next to make Bitcoin 'official currency' appeared first on AMBCrypto. дальше »
2021-9-19 01:30 | |
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Why launching Bitcoin, Chivo wallet was 'too much of a challenge' for El Salvador President
The rollout of Bitcoin as legal tender in El Salvador, was a great moment for the cryptocurrency community worldwide, even as the whole event didn't play out quite as planned. The Central American couThe post Why launching Bitcoin, Chivo wallet was 'too much of a challenge' for El Salvador President appeared first on AMBCrypto. дальше »
2021-9-15 02:30 | |
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Survey reveals majority of Brazilians support El Salvador's Bitcoin move
Despite El Salvador enduring a bumpy first week of making Bitcoin legal tender, different regions have showcased interest in the same. Neighboring Central American countries such as Panama, HonduraThe post Survey reveals majority of Brazilians support El Salvador's Bitcoin move appeared first on AMBCrypto. дальше »
2021-9-14 02:30 | |
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Inspired by El Salvador, these two Central American countries are eyeing CBDCs
It's been just two days since El Salvador legalized Bitcoin as a national tender, ergo existing with the U.S Dollar. While many including El Salvadorians weren't pleased, others have been highlightingThe post Inspired by El Salvador, these two Central American countries are eyeing CBDCs appeared first on AMBCrypto. дальше »
2021-9-10 21:30 | |
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Panama To Recognize Bitcoin As Payment Alternative, Issues New Regulations
A new bill that aims at recognizing Bitcoin as another payment method has emerged in Panama. The bill will also give residents the freedom to use cryptocurrencies. Amidst El Salvador adopting BTC as legal tender, a Central American country is trailing the same path. дальше »
2021-9-8 08:45 | |
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Panama's crypto-bill will make it 'compatible' with crypto-assets, digital economy
As El Salvador became the first country to make Bitcoin legal tender, another Central American country took a step towards recognizing the importance of cryptocurrencies. The Republic of Panama, recenThe post Panama's crypto-bill will make it 'compatible' with crypto-assets, digital economy appeared first on AMBCrypto. дальше »
2021-9-8 03:00 | |
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El Salvador Braces for Impending Bitcoin Adoption
As El Salvador braces for the adoption of Bitcoin as legal tender, we take a look at where things currently stand in the Central American country. The post El Salvador Braces for Impending Bitcoin Adoption appeared first on BeInCrypto. дальше »
2021-9-6 18:35 | |
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IMF releases Bitcoin (BTC) ‘risk’ warning… again
Bitcoin (BTC), the world’s largest cryptocurrency, is getting adopted as a legal tender in El Salvador in eight days but as the Central American country goes through its final days of preparation, being eagerly observed by other countries, some of which are considering to follow in its footsteps, the International Monetary Fund (IMF) refreshes its […] The post IMF releases Bitcoin (BTC) ‘risk’ warning… again appeared first on CryptoSlate. дальше »
2021-8-31 07:00 | |
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Central American bank: Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries
El Salvador adopting Bitcoin (BTC) as a parallel legal tender to the US dollar in September could substantially lower the costs of remittances that are a vital source of income for millions. The post Central American bank: Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries appeared first on CryptoSlate. дальше »
2021-8-27 22:00 | |
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El Salvador Could Set Precedent for Bitcoin Remittance Payments
By adopting Bitcoin as legal tender, El Salvador is setting an example that could be followed by other Central American countries. The post El Salvador Could Set Precedent for Bitcoin Remittance Payments appeared first on BeInCrypto. дальше »
2021-8-25 20:15 | |
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Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use in the country’s laws. дальше »
2021-7-25 21:00 | |
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Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin
Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. дальше »
2021-6-21 06:30 | |
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Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender
The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,” he said. дальше »
2021-6-17 04:00 | |
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Ethiopians Come Together to Get the Govt. of Africa’s Second-Most Populous Nation to Adopt Bitcoin
While central banks around the world are working on the digital version of their fiat currencies, El Salvador went ahead and declared Bitcoin legal tender. El Salvador has made the first move, and people in other countries now want their government to go the same route. дальше »
2021-6-17 19:22 | |
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Tanzania’s President Calls For Central Banks To Work Towards Crypto Acceptance
Bitcoin and crypto adoption was all over the place last week and it seems like the trend might continue this week as well Following the recent events of El Salvador’s President Nayib Bukele announcing the acceptance of Bitcoin as a legal tender, this has sparked a domino effect of other Central and South American countries […] дальше »
2021-6-14 20:23 | |
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Christine Lagarde Reaffirms ECB’s Crypto Policy as Bitcoin Becomes Legal Tender in El Salvador
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. дальше »
2021-6-14 04:00 | |
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Bitcoin (BTC) Officially a Legal Tender in El Salvador
A supermajority in the Salvadoran Congress has approved President Nayib Bukele’s bid to make bitcoin (BTC) a legal tender in the Central American nation. The landmark victory has now put the name of El Salvador in the history books as one of the very first countries to make bitcoin a legitimate currency. El Salvador MakesRead More дальше »
2021-6-9 13:42 | |
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Bank of Russia to Launch Digital Ruble Prototype by End of Year
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on par with Russia’s traditional currency. Bank […] дальше »
2021-5-21 01:00 | |
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Bitcoin doesn't have to be deemed legal tender to succeed
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. дальше »
2020-2-24 15:00 | |
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Central Banks Consult on Tougher Crypto Asset Oversight
The Basel Committee on Banking Supervision (BCBS) is soliciting comments on “Designing a prudential treatment for crypto assets,” to improve the regulatory oversight by March 2020. The paper says, “These types of crypto-assets are not legal tender, and are not backed by any government or public authority. дальше »
2019-12-13 23:36 | |
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Bitcoin Trading Popularity Spooks Malawi Central Bank Warning Against Cryptocurrency
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. дальше »
2019-5-30 11:40 | |
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Sweden’s Central Bank Asks Gov’t: What’s ‘Legal Tender’?
Sweden’s central bank has its parliament to form a committee to review what constitutes legal tender in the country. Originally reported by Bloomberg’s Amanda Billner, the new committee will give a definitive answer on the definition of legal tender as Sweden increasingly moves away from cash to credit and debit cards for paying for goods and services. дальше »
2019-5-3 12:00 | |
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Sweden Central Bank Pushes for Clarification of Legal Tender, Set to User in the Bitcoin Crypto Era
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. дальше »
2019-4-30 18:24 | |
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Crypto Day of Reckoning In Sweden? Central Bank Urges Clarification on Legal Tender
The oldest central bank on the planet has called on politicians to define the concept of money legally and its definition may include crypto. In an increasingly cashless society, the Swedish Riksbank is struggling to come to terms with its diminishing responsibilities and is seeking clarification on them as a matter of urgency. дальше »
2019-4-30 02:00 | |
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Eastern Caribbean Central Bank (ECCB) to Trial Blockchain-based CBDC Cryptocurrency as Legal Money
The Eastern Caribbean Central Bank (ECCB) https://www.eccb-centralbank.org, the central bank for the Eastern Caribbean dollar, has announced its set to launch a pilot for a distributed ledger technology (DLT) powered central bank digital currency and could proceed to adopt it as a legal tender in 2020 if all goes as planned, according to reports on […] дальше »
2019-3-6 23:19 | |
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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability
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. дальше »
2019-2-7 16:40 | |
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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity
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. дальше »
2019-2-7 16:40 | |
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Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal
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. дальше »
2019-1-26 10:38 | |
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Zambia Central Bank Declares Bitcoin Not Legal Tender, Jails Multiple Crypto Investment Scheme Bad Actors
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. дальше »
2018-11-12 20:42 | |
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Nigeria’s Blockchain Businesses Request Central Bank Of Nigeria (CBN) For New Crypto Guidelines
Central Bank of Nigeria (CBN), which doesn’t recognize cryptos as legal tender are getting requests from the country’s Fintech startups to provide legal guidelines for the cryptocurrency and blockchain industry. дальше »
2018-11-12 08:00 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
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. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
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. дальше »
2018-11-7 22:04 | |
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Zambian Central Bank Says Bitcoin The Cryptocurrency Will Not Be Accepted As Legal Tender
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. дальше »
2018-10-15 18:21 | |
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Zambian Central Bank Declares Bitcoin Is Not Legal Tender
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. дальше »
2018-10-14 02:50 | |
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IMF Doesn’t Want Crypto To Be Classed As Legal Tender
The IMF (International Monetary Fund) has advised against the Republic of the Marshall Islands’ idea to bring in a digital currency as a second legal tender as well as the US dollar. The Marshall Islands are based in the central Pacific as a remote chain of islands. дальше »
2018-9-11 23:00 | |
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