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El Salvador’s President Trolls Money-Printing Fed After Buying Bitcoin Dip
The president of El Salvador has been busy of late, most recently trolling the Federal Reserve after its Chair, Jerome Powell, admitted to Congress that it was time to retire the ‘transitory’ label when discussing US inflation. дальше »
2021-12-2 19:54 | |
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New U.S. Tax Infrastructure Bill Could Cause Headaches for Taxpayers
President Joe Biden’s Tax Infrastructure Bill, designed to bring in $28B over a decade, omits intricacies associated with cryptocurrency taxation. The post New U.S. Tax Infrastructure Bill Could Cause Headaches for Taxpayers appeared first on BeInCrypto. дальше »
2021-12-1 23:18 | |
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No Proposal to Recognize Bitcoin as Currency, Says Indian Finance Minister
The Lok Sabha, the lower house of India's bicameral Parliament, will debate and deliberate the cryptocurrency bill before the upper house of Parliament reviews it, after which it will be sent to the president to be signed into law. дальше »
2021-11-30 21:11 | |
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El Salvador is building a $1 billion Bitcoin City as pressure on Bukele ramps up
Nayib Bukele, the President of El Salvador, announced that the country will be building a carbon-neutral Bitcoin City. The post El Salvador is building a $1 billion Bitcoin City as pressure on Bukele ramps up appeared first on CryptoSlate. дальше »
2021-11-27 21:00 | |
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Bank Of England Governor Worried El Salvador Citizens Will Get Hurt By Bitcoin’s Use As Legal Tender
Bank of England Governor Andrew Bailey has expressed concerns about El Salvador making bitcoin its legal tender, considering the risk related to the cryptocurrency. This comes just days after President Nayib Bukele announced plans to build a “Bitcoin City” powered by the Conchagua volcano and funded by Bitcoin bonds. дальше »
2021-11-27 16:04 | |
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El Salvador Snatches Up More Bitcoin At A Massive Discount As Its BTC Stash Expands
President Nayib Bukele announced on Friday his country’s latest purchase of 100 BTC as Bitcoin’s price nosedived to levels last seen in October. “El Salvador just bought the dip. 100 extra coins acquired with a discount” He tweeted. дальше »
2021-11-27 12:21 | |
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El Salvador buys additional Bitcoin on Black Friday at 20% off
The President of El Salvador, Nayib Bukele, has announced that the country has bought during the recent Bitcoin (BTC/USD) dip. The purchase came after Bitcoin dipped to the lows of below $54,000 on November 26. дальше »
2021-11-27 10:57 | |
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Mike Novogratz says Jerome Powell is bad for the investment sector
Mike Novogratz has stated that the Federal Reserve Chair, Jerome Powell, could slow down the crypto sector. He further noted that he was not pleased with the decision of the US president, Joe Biden, to pick Powell for a second term in office. дальше »
2021-11-27 14:25 | |
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Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running
As per Nikkei Asia, Kazakhstan’s president Kassym-Jomart Tokayev has suggested building a nuclear plant to sustain Bitcoin mining in a bid to support the profitable crypto mining activities in the nation “Looking into the future, we will have to make an unpopular decision about the construction of a nuclear power plant,” said Tokayev in a […] The post Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running appeared first on CryptoSlate. дальше »
2021-11-25 14:01 | |
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IMF Issues Fresh Warning To El Salvador Over Bitcoin Adoption But President Bukele Focuses On The Positives
The International Monetary Fund has issued new warnings to El Salvador over its full-scale adoption of Bitcoin as legal tender. The Fund’s report highlighted that El Salvador’s economy has bounced back from the lows of the pandemic and is experiencing a wave of prosperity. дальше »
2021-11-24 12:29 | |
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Jerome’s Powell’s Renomination As Fed Chair Is A Win For The Crypto Ecosystem, Says Cumberland’s Global Head
Fed Chair Jerome Powell has been nominated by President Joe Biden for another term in office. Cumberland’s global head believes that the move is in the long-term interest of cryptocurrency enthusiasts given his track record. дальше »
2021-11-24 12:19 | |
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Turkish Lira Crashes To An ‘Insane’ Historic Low After President Erdogan Declared ‘Full-Scale War’ On Crypto
Pardon the Oxymoron but it looks like Turkey’s president’s displaced relationship with cryptocurrencies may have come home to roost. Turkish Lira Free-Falls, President To Blame While Turkey’s leader might have resentment towards cryptocurrencies, it faces an even bigger problem according to Bluebay Asset Management’s Timothy Ash. дальше »
2021-11-24 23:16 | |
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Kazakhstan turns to nuclear power, as it is 'already feeling first signs of electricity shortage'
Kazakhstan's President Kassym-Jomart Tokayev is reportedly contemplating turning to nuclear energy, amid power shortage in the country. Nuclear power to the rescue In a recent event, the head of staThe post Kazakhstan turns to nuclear power, as it is 'already feeling first signs of electricity shortage' appeared first on AMBCrypto. дальше »
2021-11-23 20:30 | |
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Biggest Latin American Company MercadoLibre Floats Crypto Investments Through Digital Wallet
E-commerce giant MercadoLibre is stepping up its foray into crypto this time by allowing Brazilians to buy hold and sell cryptocurrencies using its Mercado Pago Digital Payments App. This is according to a Tuesday disclosure by the app’s Vice President, Tulio Oliveira, during an exclusive interview with Bloomberg. “We took the time to study and […] дальше »
2021-11-23 16:42 | |
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El Salvador President Announces “Bitcoin City” Tax Haven
Bitcoin City El Salvador’s president Nayib Bukele has announced the country’s plans to build the world’s first fully Bitcoin bonds-backed “Bitcoin City.” Bukele made the announcement over the weekend as part of a cringe-inducing live show, featuring bright concert-style lighting — and projections of UFOs for some reason. The Bitcoin City will be income, property, […] дальше »
2021-11-23 01:23 | |
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El Salvador's President Nayib Bukele To Speak At Bitcoin 2022 Conference
Bukele will share his experience in pursuing a Bitcoin standard while challenging the assumptions of international bodies. дальше »
2021-11-23 18:00 | |
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El Salvador Announces Plan to Buy Half a Billion Worth of BTC to Fund the “Bitcoin City”
To make El Salvador the financial center of the world, President Nayib Bukele announced the tax-free city, which will be funded by $1 billion worth of Bitcoin-backed bonds. The post El Salvador Announces Plan to Buy Half a Billion Worth of BTC to Fund the “Bitcoin City” first appeared on BitcoinExchangeGuide. дальше »
2021-11-22 16:46 | |
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El Salvador plans to build a BTC city and raise $1B via a BTC bond
El Salvador, the first country to embrace Bitcoin (BTC) as legal tender, is planning to build a Bitcoin city at the base of Conchagua, a stratovolcano in southeastern El Salvador. Salvadoran President Nayib Bukele disclosed this news during the Latin American Bitcoin and Blockchain Conference on November 20. дальше »
2021-11-23 15:30 | |
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El Salvador to Build ‘Bitcoin City’ Powered by Geothermal Energy
A volcano-powered Bitcoin City will be partially funded by $1B in government-issued, dollar-denominated, bitcoin bonds via Blockstream’s Liquid Network, a sidechain of the Bitcoin Mainnet. The President of El Salvador, Nayib Bukele, remains bullish about crypto, announcing the construction of an income and property tax-free “Bitcoin City. дальше »
2021-11-22 14:50 | |
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Will Xbox Keep Out NFT Projects? Phil Spencer Says Some Seem “Exploitive”
Phil Spencer, Microsoft’s executive vice president of gaming, shared his skepticism around some NFT gaming projects as he feels the entertaining side of games is being compromised by the use of the new possibilities the blockchain brings for them. дальше »
2021-11-21 02:59 | |
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'We are the number two crypto miner in the world, and we see practically no financial return,' says Kazakhstan President Tokayev
In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge. дальше »
2021-11-20 21:30 | |
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Peru to partner with India, HK and Singapore central banks on a CBDC
The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore and Hong Kong to develop its own central bank digital currency. дальше »
2021-11-18 08:56 | |
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Peru Keeps Up With Crypto: The Central Bank Will Launch a CBDC
The Central Reserve Bank of Peru’s (BCRP) President, Julio Velarde, announced they are working on developing a CBDC in collaboration with other central banks around the globe. As the country experiences instability and inflation in goods and services, the central bank discusses financial models to fight the imminent crisis. дальше »
2021-11-18 02:59 | |
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Cardano: Here's Hoskinson's 3-rule solution for crypto-clarity in regulations
U.S lawmakers are divided after President Biden signed the controversial Infrastructure bill a day back. The legislation, one that contains crypto-tax provisions, will "stifle innovation" in the indusThe post Cardano: Here's Hoskinson's 3-rule solution for crypto-clarity in regulations appeared first on AMBCrypto. дальше »
2021-11-18 18:00 | |
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U.S. senators hurry to retroactively tweak the infrastructure bill concerning crypto
US senators Ron Wyden and Cynthia Lummis rush to tweak the controversial crypto provision, in an effort to narrow some of the new tax reporting rules outlined in the $1,2 trillion infrastructure bill President Joe Biden signed into law on Monday, Bloomberg reported. дальше »
2021-11-17 06:30 | |
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DeFi strategist Matt West claims the infrastructure bill can be fixed
Matt West, a DeFi strategist, and a Democratic congressional candidate believes there is still time to amend the US infrastructure bill, which President Biden signed into law on November 15. The bill passed into law without amendments to the broad provisions that could introduce stricter reporting requirements on crypto network validators and software developers. дальше »
2021-11-18 01:43 | |
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US Senators Introduce Legislation to Limit ‘Broker’ Definition in Infrastructure Bill Signed by President Biden
On Monday, President Joe Biden signed the $1 trillion infrastructure bill that contains the controversial over-reaching cryptocurrency tax definition. The bill-signing ceremony was held on the White House South Lawn, where members of both parties came as a bipartisan show of support for the new legislation. дальше »
2021-11-17 19:31 | |
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U.S. Senators Introducing Bill Limiting Crypto Tax in Biden’s Plan
A pair of U.S. senators are introducing a bill to limit some of the cryptocurrency tax reporting rules in President Biden’s infrastructure legislation. The post U.S. Senators Introducing Bill Limiting Crypto Tax in Biden’s Plan appeared first on BeInCrypto. дальше »
2021-11-17 19:05 | |
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Zimbabwe Could Adopt Bitcoin As Legal Tender Following El Salvador
The adoption of Bitcoin by El Salvador has opened the door for more adoption. However, the first country to achieve it didn’t find it easy. There were lots of doubts and criticisms targeting El Salvadorian President Nayib Bukele. дальше »
2021-11-15 19:00 | |
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'Criminal felony statute' in U.S. infrastructure bill could 'freeze healthy crypto behavior'
The U. S. House of Representatives has passed the $1 trillion infrastructure bill, which has divided policymakers and industry stakeholders across the country. What's left now is for President Biden toThe post 'Criminal felony statute' in U. дальше »
2021-11-7 00:30 | |
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Biden Administration Releases Report on Stable Coin Regulation
Report with regulatory oversight implications for stablecoins and DeFi has been released by the President’s Working Group on Financial Markets, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency. дальше »
2021-11-2 21:20 | |
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Ava Labs’ president says most crypto firms want sensible regulation
John Wu, the president of Ava Lab, believes most crypto firms want regulation. He said this during an interview on November 1 while sharing his sentiments on the Treasury’s report on stablecoins and what it could mean for the entire crypto space. дальше »
2021-11-4 18:24 | |
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Ava Labs president calls for “sensible and appropriate” crypto and stablecoin regulation
Wu says the notion that crypto doesn’t want regulation is not true China’s crackdown… The post Ava Labs president calls for “sensible and appropriate” crypto and stablecoin regulation appeared first on Coin Journal. дальше »
2021-11-2 15:25 | |
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Here's the response to Biden administration's PWG report on stablecoins
The much-awaited U.S. Treasury Department-led regulatory report has called for more regulations around stablecoins. The President’s Working Group on Financial Markets (PWG) is of the view that "sThe post Here's the response to Biden administration's PWG report on stablecoins appeared first on AMBCrypto. дальше »
2021-11-2 10:00 | |
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AI-created NFT collection of President portraits launched on Binance
“The Presidents,” the world’s first NFT collection to feature 20,000 portraits of 50 global leaders, recently debuted on the Binance Smart Chain (BSC). Created by artists using AI algorithms, the collection combines GameFi, Art+Tech, and other innovative trends at the intersection of traditional and digital art. дальше »
2021-10-30 21:00 | |
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Starbucks Card Is Now Reloadable with Cryptocurrencies, Coffee Giant Exploring Tokenizing Through Blockchain
The Seattle-based coffee giant Starbucks (SBUX) reported its fourth-quarter revenue of $8. 15 billion. During its earnings call, President and Chief Executive Officer Kevin Johnson said they are deepening its digital relationship and expanding the reach through payment partnerships with PayPal and Bakkt. дальше »
2021-10-29 16:22 | |
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El Salvador buys 420 Bitcoin as asset regains $60,000
Many might have seen Bitcoin’s recent price crash as an indication of its volatility but El Salvador’s President saw this as an opportunity to increase the country’s stash of the digital asset. The post El Salvador buys 420 Bitcoin as asset regains $60,000 appeared first on CryptoSlate. дальше »
2021-10-29 22:00 | |
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Nayib Bukele buys BTC’s dip; Adds 420 coins to El Salvador’s coffers
El Salvador’s President, Nayib Bukele, has taken advantage of the recent bears in the crypto market to buy Bitcoin (BTC/USD) after the coin dipped to $58,208. 19 (£42,312. 41). The president disclosed this news on Twitter on October 27, noting that the country purchased 420 more. дальше »
2021-10-29 16:53 | |
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El Salvador Now Owns 1120 Bitcoin As President Bukele Buys 420 More
El Salvador’s President Nayib Bukele confirmed via Twitter Wednesday evening that the Latin American nation has bought the “Bitcoin price dip,” exchanging dollars for Bitcoin at a time he believes it remains undervalued by the global market. дальше »
2021-10-28 14:08 | |
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El Salvador Bought The Dip – Increases Holdings By 420 Bitcoins
El Salvador has taken advantage of the recent BTC price dip to bolster its holdings of the asset. The President announced via Twitter that the country had added 420 more BTC and has already started reaping the rewards of the investment. дальше »
2021-10-28 13:39 | |
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Bitcoin: El Salvador just blazed its way to acquire another 420 BTCs
The president of El Salvador, Nayib Bukele, is on a Bitcoin buying spree. And, it's showing no signs of ending anytime soon. His government made the most of the latest Bitcoin dip by adding 420 BTCs tThe post Bitcoin: El Salvador just blazed its way to acquire another 420 BTCs appeared first on AMBCrypto. дальше »
2021-10-28 11:00 | |
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BlockFi partners with Neuberger Berman to launch crypto ETFs
"We are witnessing a significant shift in investor sentiment towards digital assets, and we believe that digital assets should be considered in modern portfolios," said Greg Collett, president of the joint venture. дальше »
2021-10-26 00:44 | |
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Mastercard Partners with Bakkt to Integrate Crypto Payments for Merchants
After recently forming a partnership with Bakkt, Mastercard will finally facilitate bitcoin crypto services through all its merchants. Mastercard’s Executive Vice President of digital partnership Sherri Haymond explained their decision. дальше »
2021-10-26 23:00 | |
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