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JPMorgan slams Bitcoin (BTC) use case in El Salvador
The debate about the ramifications of El Salvador President Nayib Bukele’s successful push to make Bitcoin (BTC) legal tender continues as the US investment bank and financial services holding company JPMorgan Chase & Co. дальше »
2021-7-13 05:00 | |
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Here's a 'potentially significant limitation' in El Salvador's Bitcoin experiment
Several entities have expressed their displeasure about El Salvador’s move to authorize Bitcoin as an optional legal tender in the country. A top critic has been JP Morgan, who continued to hammer tThe post Here's a 'potentially significant limitation' in El Salvador's Bitcoin experiment appeared first on AMBCrypto. дальше »
2021-7-13 05:00 | |
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El Salvador’s Adoption Of Bitcoin As Legal Tender Will Stress The Blockchain — JPMorgan Reveals Why
While many Bitcoiners have praised El Salvador’s decision to make Bitcoin legal tender on a par with the United States dollar, global investment bank JPMorgan Chase does not share their enthusiasm. Bitcoin Adoption By El Salvador Could Place Pressure On The Blockchain’s Network According to a report by the megabank on Thursday and reported by […] дальше »
2021-7-13 18:05 | |
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JPMorgan says El Salvador’s Bitcoin Adoption Creates a Challenge for the Cryptocurrency
The banking giant points to strain on the largest network due to growing usage by El Salvadorians but fails to mention Lightning Network, which is actually being used and seeing its network capacity and the number of nodes and channels hitting new peaks continuously. дальше »
2021-7-12 17:32 | |
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JPMorgan Opines El Salvador BTC Move Could Crumble Bitcoin Network
Wall Street giant JPMorgan Chase & Co. opines El Salvador’s bitcoin (BTC) adoption could be a detriment to the Bitcoin blockchain. Questioning the Robustness of the Bitcoin Network A team from JPMorgan Chase & Co. дальше »
2021-7-12 16:45 | |
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News From The El Salvador Experiment, Mid July: More ATMs and CNN
This week was low on high-profile people news but high in community building and hard work. Everyone seems to be waiting to see where the chips fall before making any decisions. Except for the people of El Zonte, they can’t stop and won’t stop building. дальше »
2021-7-11 20:07 | |
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Paraguayan lawmakers to present Bitcoin bill on July 14
El Salvador’s decision to accept Bitcoin as legal tender in June appears to be influencing lawmakers across the region to begin exploring their own cryptocurrency strategy. дальше »
2021-7-12 18:12 | |
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Paraguayan Lawmaker to Introduce Bitcoin Legislation Bill Next Week
After El Salvador, Paraguay could be the next nation to adopt the bitcoin standard. Bitcoin Regulation Legislation to Be Introduced In a tweet shared today, Paraguayan lawmaker Carlitos Rejala said he was working with Senator Fernando Silva Facetti to introduce legislation focused on bitcoin (BTC) regulation in the country. I am here to unite ParaguayRead More дальше »
2021-7-10 14:00 | |
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More than 75% of El Salvador is skeptical of Bitcoin, survey finds
Results of a recent survey, conducted by Disruptiva, a pollster affiliated with Francisco Gavidia University, suggest that more than half of El Salvador’s citizens view the new Bitcoin (BTC) law as “not at all correct,” according to Reuters. дальше »
2021-7-10 07:00 | |
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Many El Salvadorans Are Skeptical Of Bitcoin Adoption As Legal Tender
According to a poll releaased on Thursday, more than three-quarters of Salvadorans are skeptical of President Nayib Bukele’s quest to recognize bitcoin as an alternative legal tender. El Salvadorans Are Skeptical Of Bitcoin El Salvadorans’ opinions on the government’s bitcoin plan were disclosed in a recent poll, according to Reuters on Thursday. The poll was […] дальше »
2021-7-10 23:51 | |
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Crypto Entrepreneurs From Paraguay Chip In: Is A Bitcoin Law In The Cards?
When El Salvador announced that Bitcoin would be legal tender in their country, the clock started ticking. What country, if any, would follow in their footsteps? Paraguay was one of the most likely candidates, and member of parliament Carlos Rejala’s tweet and laser eyes seemed to indicate that there was a possibility. However, things cooled […] дальше »
2021-7-9 23:08 | |
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Most El Salvador Citizens Not Keen on Accepting Bitcoin as Legal Tender
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 дальше »
2021-7-10 21:00 | |
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Shocking Majority Of El Salvador Citizens Skeptical Of Bitcoin As Legal Tender, New Survey Shows
In a relatively big survey of 1,233 people in El Salvador, pollster Disruptiva made some interesting discoveries. The survey found that most of the citizens in El Salvador disapprove of the government’s recent move that made bitcoin legal tender alongside the U. дальше »
2021-7-9 20:48 | |
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UN commission serves new warning against BTC adoption in El Salvador
ECLAC executive secretary stressed that there is no study yet that would have investigated potential risks or benefits of El Salvador accepting BTC as legal tender. дальше »
2021-7-10 19:45 | |
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Only About 20% of El Salvadorians Approve President Nayib Bukele’s Bitcoin Adoption Plan: Poll
In a poll conducted by pollster Disruptiva, which is affiliated with Francisco Gavidia University, it was found that about 54% of El Salvadorians view Bitcoin adoption as “not at all correct. ” Another 24% described it as “only a little correct,” while about 20% approved of the cryptocurrency plan. дальше »
2021-7-9 16:40 | |
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Survey finds most El Salvador citizens are skeptical of making BTC legal tender
More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin.
дальше »2021-7-10 07:00 | |
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After El Salvador, What Bitcoin Adoption Means For Africa
In its line-up after El Salvador signed into law legislation making Bitcoin its legal tender, Tanzania, an East African country with about 58 million citizens became the latest to express interest in embracing decentralized finance. дальше »
2021-7-7 12:34 | |
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El Salvador’s Bitcoin mine could earn over 20,000 BTC ($750 million) a year
El Salvador’s proposed Bitcoin mine could earn hundreds of millions of dollars each year given the current network state, a top miner pointed out in a tweet today. The post El Salvador’s Bitcoin mine could earn over 20,000 BTC ($750 million) a year appeared first on CryptoSlate. дальше »
2021-7-6 13:00 | |
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How El Salvador Could Issue Digital Bond To Strengthen Bitcoin Law
Per a Bloomberg report, Canada-based company Blockstream will aid El Salvador in its effort to implement its Bitcoin Law. The company has proposed the national government issue digital bonds backed by U. дальше »
2021-7-4 21:54 | |
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Blockstream Pitches Digital Dollar Bond to El Salvador Government
Blockchain technology company Blockstream has been in talks with the El Salvador government regarding a new digital bond, denominated to the U. S. dollar. Their proposal comes amid El Salvador's efforts to roll out bitcoin (BTC) as legal tender. дальше »
2021-7-3 19:50 | |
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News From El Salvador, Early July: Bukele, El Zonte, And The ATM Factory
The Bitcoin train is moving fast in El Salvador. The law that makes it legal tender goes into effect in September, but the first Bitcoin company is already up and running. Also, a member of the US government and Reuters have President Bukele in their minds. дальше »
2021-7-4 14:54 | |
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Iran’s new bill might spell trouble for foreign-mined digital currencies
The authorities around the world seem to finally be getting serious about cryptocurrencies, but while some countries are looking to regulate them, like the US, or even adopt them, such as El Salvador — others are not so friendly towards them. дальше »
2021-7-4 12:10 | |
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US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
The U. S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U. S. has urged El Salvador to be responsible with the country’s new bitcoin law. дальше »
2021-7-3 03:30 | |
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US Government Official Calls For ‘Responsible’ Handling Of BTC By El Salvador
US authorities are closely monitoring the onboarding of Bitcoin as a legal tender in neighboring El Salvador and want all angles to be covered, according to AFP. ‘Tough Look At Bitcoin’ Bitcoin may be gaining favor in some countries but not in the United States. дальше »
2021-7-2 19:36 | |
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US state dept urges El Salvador to be 'responsible' about Bitcoin adoption
Victoria Nuland said the United States was taking a "tough look at Bitcoin" following a major ransomware attack and suggested El Salvador take a similar approach. дальше »
2021-7-2 02:23 | |
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What is the practicality of El Salvador adopting a national digital currency?
El Salvador’s congress voted to accept the cryptocurrency and won a supermajority of 62 out of 84 votes. Starting in September, El Salvador will soon have two official currencies: the United States dollar (USD) and bitcoin (BTC). дальше »
2021-7-1 07:00 | |
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Spain: Ruling Party Proposes the Creation of a National Digital Currency
The Spanish are now showing interest in joining the central bank digital currency (CBDC) bandwagon. Spanish Political Party Proposes CBDC According to a report by Spanish newspaper El Economista, the Spanish Socialist Party (PSOE) – the governing political body in Spain – has proposed the creation of a Spanish CBDC. For the uninitiated, the PSOERead More дальше »
2021-6-30 17:00 | |
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В Испании предложили создать национальную цифровую валюту как альтернативу евро
Испанская социалистическая рабочая партия (PSOE) предложила рассмотреть возможность выпуска национальной цифровой валюты в качестве ответа на сокращение использования наличных в стране. Об этом пишет El Economista. дальше »
2021-6-30 12:37 | |
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El Salvador’s President Slammed For “Tricking” 7 Million Citizens With A $30 Bitcoin Airdrop
The adoption of Bitcoin as a legal tender in El Salvador has been accelerating at a commendable speed. In fact, despite criticism and concerns from many onlookers, things have been working in favor of the country’s decision to make Bitcoin its official currency. дальше »
2021-6-30 22:20 | |
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El Salvador’s Chivo Bitcoin Wallet Not Compulsory for Residents
El Salvador’s President Nayib Bukele took to Twitter on July 28, 2021, to make it clear that Salvadorans will not be compelled to use the country’s “Chivo” Bitcoin wallet. This might be to ensure that users are able to use their crypto any way they want, including participating in crypto casinos such as casino onlineRead More дальше »
2021-6-29 16:00 | |
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President Bukele Clears Up Misconceptions About The Government’s Chivo Wallet
On June 24th, in a national broadcast, President Bukele cleared up misconceptions about El Salvador’s Bitcoin Law and presented the government’s wallet. That created a whole lot of new misconceptions about the app itself, the newly minted Chivo Wallet. дальше »
2021-6-29 13:32 | |
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No, Paraguay is NOT legalizing Bitcoin, Congressman confirms
A Paraguay official changed course on what was an unprecedented development in crypto circles: That of the Latin American country legalizing Bitcoin as legal tender on the back of a similar move in nearby El Salvador. дальше »
2021-6-29 07:00 | |
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Mexico may not be following El Salvador's example on Bitcoin... yet
A warning from the country's financial regulators seemed to be specifically targeting Ricardo Salinas Pliego, who on Sunday said he would explore his bank accepting Bitcoin. дальше »
2021-6-29 00:30 | |
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Fitch Rating Agency: El Salvador’s Bitcoin Adoption Increases Banks’ Regulatory, Financial & Operational Risks
While El Salvador is all set to officially make Bitcoin a legal tender on Sept. 7 and preparing to airdrop $30 in BTC to its every adult citizen, rating agency Fitch says this step means banks face higher risks, including violating rules against money laundering and terrorism financing. дальше »
2021-6-28 04:08 | |
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Americans Now Want To Be Vastly Paid In Bitcoin, Courtesy Of El Salvador. When Will It Happen?
President of El Salvador, Nayib Bukele, in a recent national address revealed that the government would pay all its registered adult citizens $30 in Bitcoin to their digital wallets. Bukele also introduced the official wallet to which the airdrop will happen. дальше »
2021-6-28 23:43 | |
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Cardano Is Sharpening Fresh Focus On El Salvador Following Bitcoin’s Legal Tender
Cardano’s parent company Input Output Hong Kong (IOHK) has opened up communication channels with relevant officials in El Salvador with the aim to establish a state-level partnership for Cardano in the country, according to its founder Charles Hoskinson. дальше »
2021-6-28 20:46 | |
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El Salvador’s President Nayib Bukele Says Bitcoin Will be Airdropped to its Adult Citizens
After passing the law that declares Bitcoin a legal tender, which goes into effect in September, El Salvador will be giving out $30 in bitcoin to any of its adult citizens that download a specific app and get verified there. дальше »
2021-6-27 16:00 | |
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Why This $190 Million Bitcoin Buy Is Poised To Shake Up The Crypto Market
Following revelations from some on-chain analytics observers that Bitcoin has finally bottomed, the big bull has been swinging sideways, causing the market to panic. However, it seems that Bitcoin is in luck once again, thanks to El Salvador’s latest decision to pay citizens $30 each in Bitcoin. дальше »
2021-6-26 15:10 | |
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Strike’s Jack Mallers sets the record straight as Fox makes case against Bitcoin in El Salvador
Jack Mallers, the CEO of Bitcoin wallet firm Strike, worked with the El Salvadorian government as an advisor on Bitcoin infrastructure. The post Strike’s Jack Mallers sets the record straight as Fox makes case against Bitcoin in El Salvador appeared first on CryptoSlate. дальше »
2021-6-26 07:00 | |
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