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El Salvador accelerates Bitcoin buying following IMF deal
El Salvador has ramped up its Bitcoin buying a day after agreeing to an International Monetary Fund deal that required scaling back its government-led crypto activities. On Dec. 19, the first nation to adopt Bitcoin as a legal tender and… дальше »
2024-12-20 14:58 | |
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El Salvador Considers Bitcoin Policy Revisions to Secure $1.3 Billion IMF Loan
El Salvador, the first nation to adopt Bitcoin as legal tender, is reportedly negotiating changes to its Bitcoin policies in exchange for a $1. 3 billion loan from the International Monetary Fund (IMF). дальше »
2024-12-13 14:11 | |
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El Salvador considers Bitcoin law changes to secure $1.3 billion IMF loan
El Salvador, the pioneering country that introduced Bitcoin legal tender, is proposing major changes to its Bitcoin legislation. This perspective shift occurs as the government seeks a pivotal agreement with the International Monetary Fund (IMF) for a $1. дальше »
2024-12-9 19:04 | |
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El Salvador to adjust Bitcoin policy for $1.3b IMF loan agreement
El Salvador is negotiating a $1.3 billion loan with the IMF that reportedly could bring significant changes to its Bitcoin legal tender law. In the coming weeks, El Salvador could finalize a multi-billion dollar deal with the International Monetary Fund… дальше »
2024-12-9 17:05 | |
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Missouri introduces bill to ban CBDCs, improve gold reserves
The Missouri Senate has introduced a bill to prohibit central bank digital currencies as legal tender while encouraging the state to hold more of its reserves in gold and silver. Known as SB 194, the legislation was filed on December… дальше »
2024-12-4 17:48 | |
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Missouri Senate introduces bill to disqualify CBDCs as legal tender
The Missouri Senate introduced SB 194 on Dec. 1, proposing to ban central bank digital currencies (CBDCs) as legal tender within the state. The bill seeks to prohibit public entities from accepting or using CBDCs and modifies the definition of “money” under the Uniform Commercial Code to exclude these digital currencies. дальше »
2024-12-4 15:01 | |
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Suriname presidential candidate eyes on Bitcoin as currency
The use case of Bitcoin has spread around the globe since El Salvador adopted it as a legal tender, the U.S. planned it for a national strategic reserve, and now Suriname. Maya Parbhoe, a Surinamese young lady who is running… дальше »
2024-11-27 05:48 | |
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An Interview With El Salvador’s Top Crypto Regulator: ‘Developing Countries Can Lead the Financial Revolution’
The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation to accept Bitcoin as legal tender. дальше »
2024-11-18 21:53 | |
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Binance Founder Sees More Nations Making Bitcoin Legal Tender Amid Bhutan’s $1 Billion BTC Holdings
Bhutan has emerged as a major player in the Bitcoin ecosystem, with its holdings surpassing the $1 billion mark. дальше »2024-11-14 18:36 | |
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Ex-President Donald Trump wishes Bitcoin whitepaper a happy 16th anniversary
Trump wished a happy birthday to the anniversary of Bitcoin’s whitepaper and called on ending “Kamala’s war on crypto” Since Bitcoin’s initial days, its price has risen to over $72,000 and is accepted as legal tender in El Salvador Trump’s post comes less than a week before the US election results are in Former US […] The post Ex-President Donald Trump wishes Bitcoin whitepaper a happy 16th anniversary appeared first on CoinJournal. дальше »
2024-11-1 02:10 | |
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Will Argentina Take the Leap to Make Bitcoin Legal Tender Like El Salvador? Experts Weigh In
As Argentina grapples with economic turmoil, speculation is growing about whether the country will follow El Salvador's bold move to adopt Bitcoin as legal tender. дальше »2024-10-7 19:11 | |
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Bitcoin adoption in El Salvador: GAFILAT report finds minimal risk to financial system
El Salvador’s pioneering move to adopt Bitcoin as a legal tender has sparked global interest and debate, especially regarding its impact on financial stability. A recent report by the Financial Action Task Force of Latin America (GAFILAT), an affiliate of the Financial Action Task Force (FATF), offers new insights into this issue. The study concludes […] дальше »
2024-9-5 19:44 | |
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Bukele on Bitcoin: ‘It gave us branding, investment, and tourism’
El Salvador’s President, Nayib Bukele, defended his country’s groundbreaking decision to adopt Bitcoin as legal tender, emphasizing its impact on the nation’s global image and economic opportunities. дальше »
2024-8-30 21:32 | |
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El Salvador’s Bitcoin bet reaps $265M profit, bolsters financial inclusion
El Salvador’s President Nayib Bukele revealed that the country has gained about $265 million after adopting Bitcoin as a reserve asset and legal tender. Bukele shared that El Salvador has invested $135 million in Bitcoin, which has since grown to $400 million in the public wallet alone. дальше »
2024-8-30 19:00 | |
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Kyrgyzstan set to launch its own digital currency by 2027
Kyrgyzstan’s central bank has proposed amendments to the law to legalize its digital currency as a legal tender. The National Bank of Kyrgyzstan has initiated public discussions on constitutional law amendments aimed at integrating its own digital currency — known… дальше »
2024-8-9 13:02 | |
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South Korea FSC chairman: 'Difficult for crypto to replace legal tender'
South Korea urged caution on spot Bitcoin ETFs, prioritizing financial stability and regulatory review. Kim Byung-hwan emphasizes investor protection over market development in cryptocurrency pThe post South Korea FSC chairman: 'Difficult for crypto to replace legal tender' appeared first on AMBCrypto. дальше »
2024-7-24 02:00 | |
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El Salvador launches website to monitor the Bitcoin holdings in its treasury
El Salvador has made headlines once again in the cryptocurrency world with the launch of a Bitcoin treasury monitoring website. Since adopting Bitcoin (BTC) as a legal tender in 2021, El Salvador continues to pioneer initiatives aimed at embracing and leveraging the potential of digital assets for economic growth and financial inclusion. The Central American […] дальше »
2024-5-13 14:20 | |
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El Salvador launches transparent Bitcoin investment data platform
El Salvador, the world’s first country to use Bitcoin as legal tender, has launched its own platform that provides public access to BTC investment data via a personalized mempool. According to the most recent mempool data, El Salvador presently possesses… дальше »
2024-5-14 10:31 | |
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Fiji’s central bank warns against crypto investments
Fiji’s central bank has issued a warning against crypto investments promoted in the region, citing legal tender laws and potential penalties under local regulations. The Reserve Bank of Fiji (RBF) has issued a public warning, cautioning users from investing in… дальше »
2024-4-15 14:47 | |
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Bitcoin Champion Max Keiser Blasts Argentinian President’s Crypto Stance
Argentina and El Salvador, both facing economic struggles, are taking vastly different approaches to cryptocurrency. While El Salvador became the first country to adopt Bitcoin as legal tender in 2021, Argentina’s new president, Javier Milei, is taking a more measured route, prioritizing regulation and differentiation between the crypto and the broader cryptocurrency landscape. Bitcoin Distinction […] дальше »
2024-4-3 20:00 | |
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The first country to adopt Bitcoin as a legal tender, what is El Salvador's current situation?
El Salvador, a country located in the northern part of Central America, was once known worldwide for its magnificent volcanic landscapes and passionate Latin culture. However, in addition to its naturThe post The first country to adopt Bitcoin as a legal tender, what is El Salvador's current situation? appeared first on AMBCrypto. дальше »
2024-3-14 18:00 | |
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El Salvador generating revenue from Bitcoin, could pay off all its IMF debt
El Salvador, under the leadership of President Nayib Bukele, has made significant strides in its embrace of Bitcoin (BTC) as a legal tender. Recent developments indicate that the Central American nation is not only accumulating Bitcoin reserves but also generating revenue from various BTC-related sources. дальше »
2024-3-13 13:30 | |
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El Salvador Reaches $60 Million in Bitcoin Investment Profits
Explore El Salvador's pioneering move in embracing Bitcoin as legal tender in 2022, amidst a backdrop of crypto market turbulence. The post El Salvador Reaches $60 Million in Bitcoin Investment Profits appeared first on BeInCrypto. дальше »
2024-2-29 03:53 | |
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OpenAI valuation crosses $80 billion following latest deal, Sora launch
OpenAI’s valuation has surged to above $80 billion after closing its latest deal, the New York Times reported Feb. 17. The company is reportedly undertaking a tender offer orchestrated by Thrive Capital to raise more funds while providing employees with a tangible benefit. дальше »
2024-2-18 21:04 | |
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Russia’s central bank does not rule out crypto investments with focus on risk evaluation
While Russia’s central bank maintains its stance against crypto as a payment method, recent signals suggest a reconsideration of its stance regarding crypto investments. The Bank of Russia remains steadfast in its position against cryptocurrencies as legal tender within the… дальше »
2024-2-15 12:56 | |
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Historic milestone: first Bitcoin rental contract signed in Argentina
In a groundbreaking move, Argentina has witnessed the signing of the nation’s inaugural Bitcoin contract after a Bitcoin rental contract was signed in Rosario. This development comes on the heels of President Javier Milei’s transformative decree, allowing contracts to be agreed upon in “legal tender or in foreign currency,” further confirmed by the country’s Foreign […] дальше »
2024-1-16 15:52 | |
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Ripple Labs Plans $285 Million Share Repurchase In Response To Market Dynamics
Ripple Labs has unveiled its intention to conduct a share repurchase, or tender offer, valued at $285 million, targeting initial investors and staff members. This move places the company’s valuation at an impressive $11. дальше »
2024-1-15 02:15 | |
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Bitcoin as legal tender in Argentina: Wishful thinking or logical conclusion?
Bitcoin surged to an ATH in the Argentinian market on the day Javier Milei was elected president. There existed a correlation between the growing preference for cryptos and soaring inflation. дальше »
2023-11-22 22:30 | |
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Will Argentina’s Milei Adopt Bitcoin As Legal Tender? Expert Analysis
Javier Milei’s election as Argentina’s president has sparked intense debate within the Bitcoin community about the potential adoption of BTC as legal tender. Samson Mow, the CEO of Jan3 and a key player in nation-state Bitcoin adoption, has now offered an insightful analysis on this matter. дальше »
2023-11-21 10:00 | |
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Bitcoin Could Soon Be Adopted As Legal Tender In Germany As Parliament Member Proposes Novel Legislation
A lawmaker in Germany is not only strongly opposed to the digital euro but is proposing a better solution for a financial revolution in the country: Bitcoin. Joana Cotar, a member of the German Bundestag — the nation’s federal parliament — has recently proposed groundbreaking legislation to make Bitcoin legal tender in the country. German […] дальше »
2023-11-18 23:39 | |
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German MP Backs Bitcoin as Legal Tender as Alternative to Digital Euro CBDC
Joana Cotar, a member of the German Bundestag, has made a bold declaration in support of Bitcoin as legal tender, offering a compelling alternative to the ECB's proposed digital euro. This article delves into the implications of her stance for Germany's financial future. дальше »
2023-11-17 12:30 | |
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Don’t Trust… Verify: How Bitcoin Is Breathing New Life Into El Salvador
El Salvador's adoption of Bitcoin as legal tender has given hope to its citizens, increased tourism by 30%, and improved its international image, according to a documentary by Bitfinex. Despite an unrealized loss of $33. дальше »
2023-10-21 20:15 | |
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OpenAI eyes $86 billion valuation amid insider share sale
Artificial intelligence (AI)-focused startup OpenAI’s valuation could soon soar to as much as $86 billion as the company is reportedly planning to conduct a tender offer allowing its current employees to sell their shares, Bloomberg reported on Oct. дальше »
2023-10-19 14:00 | |
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How Bitcoin Is Leading El Salvador’s Revival, Vice President Speaks
Two years ago, El Salvador became the first country to issue a law adopting Bitcoin as legal tender in its territory. The controversial decision began a new era for the country’s economic trajectory, which international authorities have questioned. дальше »
2023-10-17 21:00 | |
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El Salvador’s Latest Initiative Reiterates Country’s Commitment To Its Bitcoin Strategy
El Salvador, a leader in embracing Bitcoin (BTC) as a legal tender, has taken a significant step forward in launching its first local Bitcoin mining pool “Lava Pool”. This step marks a pivotal landmark for the country, in its ambitions to harness renewable energy sources for cryptocurrency mining. дальше »
2023-10-6 00:00 | |
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El Salvador Marks Second Anniversary of Bitcoin Legal Tender Law
So far, in 2023, El Salvador has unveiled a series of initiatives aimed at strengthening its support for its Bitcoin legal tender law, officially enacted two years ago. дальше »
2023-9-8 13:40 | |
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Coinbase increases tender offer for senior notes to $180m
Coinbase has amended its tender offer for 3. 625% senior notes due 2031, increasing the cap from $150 million to $180 million and extending the expiration date to Sept. 18, 2023. Coinbase Global, Inc. дальше »
2023-9-6 09:18 | |
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ECB executive Fabio Panetta aims for digital euro expansion
The European Central Bank executive, Fabio Panetta, stated in a speech that the EC proposal for the digital euro could give the CBDC legal tender status. In a speech at the Economic and Monetary Affairs Committee, the executive said that… дальше »
2023-9-5 15:06 | |
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