2022-4-27 14:59 |
Central African Republic has adopted Bitcoin as legal currency, according to president's office.
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The Central African Republic has officially become the second country to adopt Bitcoin (BTC) as legal tender. The post Central African Republic adopts Bitcoin as legal tender appeared first on CryptoSlate.
2022-4-25 21:00 | |
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Senator Kempis’ draft bill calls for a central bank digital currency to be legal tender in Mexico and claims state intervention is native to human rights.
2022-4-14 22:11 | |
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The BCH is, however, studying the feasibility of a central bank digital currency (CBDC).
2022-3-24 22:38 | |
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El Salvador is known within the Bitcoin and cryptocurrency community as being one of the world’s leaders in regard to adoption of virtual currency and making it a legal form of tender, and it seems the Central American country is looking to make a major splash in a whole new way now.
2022-2-19 23:51 | |
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A growing number of Salvadorans had experimented with Bitcoin since the country adopted it as legal tender. But only a fraction of the Central American nation’s businesses took Bitcoin payment. WelThe post Bukele goes all 'Simpsons' after IMF's Bitcoin warning appeared first on AMBCrypto.
2022-1-26 14:30 | |
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According to a recent report by a Russian lawmaker, the country’s citizens have invested over 5 trillion rubles ($67. 5 billion) in the crypto market, but the regulatory terrain remains hostile and unclear with the governor of the Central Bank of Russia increasingly hinting at a highly regulated environment Cryptocurrencies have had legal status in Russia since 2020, although it is forbidden to use them as means of payment in the country.
2021-12-23 02:00 | |
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El Salvador is a Central American phenomenon. The country became the first not only on the continent but around the world to accept Bitcoin as legal tender. The country’s president, Nayib Bukele, is a real bitcoinist, a blockchain fan who does everything to develop cryptocurrencies in his country.
2021-12-7 22:23 | |
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Cryptocurrency groups in Nigeria are preparing to take on the country's central bank, as both sides dig in over a controversial regulatory decision to limit crypto use and trade in the populous West African nation.
2021-11-25 19:16 | |
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Crypto soars in popularity in Nigeria Crypto is seeing tremendous growth in Nigeria despite there being no legal framework or legislation for them. Moreover, The Central Bank of Nigeria (CBN) in February 2021 banned all financial institutions from dealing in cryptocurrencies.
2021-11-10 16:42 | |
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Foreign CBDCs are most likely going to be considered legal tender by European Central Bank
2021-11-10 16:24 | |
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Russian lawmakers will reportedly begin working on the legal adjustments needed to implement the digital ruble plan scheduled for early 2022.
2021-11-10 14:39 | |
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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...
2021-11-4 15:09 | |
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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.
2021-10-19 22:00 | |
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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 […]
2021-9-30 19:20 | |
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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.
2021-9-19 01:30 | |
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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.
2021-9-15 02:30 | |
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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.
2021-9-14 02:30 | |
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Legal assurance and consumer protection are two crucial concepts in the financial world. Unfortunately, for cryptocurrencies and digital assets, those concepts are relatively tricky to come by. While central bank digital currencies get a lot of attention lately, the Astra Protocol team is working on a solution for cryptocurrency users. The Rise Of Central BankRead More
2021-9-10 08:00 | |
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Popular fast-food franchise – Mcdonald’s – is receiving payments in Bitcoin, only in El Salvador. This development followed the Central American country’s adoption of the cryptocurrency as a legal tender on Tuesday.
2021-9-9 14:38 | |
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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.
2021-9-8 08:45 | |
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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.
2021-9-8 03:00 | |
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The Central American country will make bitcoin legal tender officially tomorrow.
2021-9-9 20:12 | |
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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.
2021-9-6 18:35 | |
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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.
2021-8-31 07:00 | |
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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.
2021-8-27 22:00 | |
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Kyrgyzstan has been a hot topic within the crypto-community for a while now. From successfully incorporating crypto-tokens for locals to the central bank’s efforts to implement a series of AML, CFT The post Kyrgyzstan may soon accord legal status to cryptocurrency exchanges appeared first on AMBCrypto.
2021-8-26 15:00 | |
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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.
2021-8-25 20:15 | |
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Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender.
2021-8-25 12:49 | |
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The central bank of Jamaica says legal approval a must before monitoring customer’s personal transactions tied to CBDCs. Batting for Customer Protection The Bank of Jamaica (BOJ) – Jamaica’s central bank – made an important announcement recently saying that despite the technological ability to do so, interested authorities must not use customer’s digital wallet transactionRead More
2021-8-19 19:00 | |
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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.
2021-7-25 21:00 | |
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The Reserve Bank of India (RBI) has finally unveiled its CBDC plans. It soon intends to launch an official digital currency in a phased manner, beginning with wholesale and retail segments. In a key-note speech at a webinar of a legal think tank on July 22, RBI Deputy Governor T. Rabi Shankar presented the central […]
2021-7-25 21:27 | |
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The Reserve Bank of India (RBI) has finally unveiled its CBDC plans. It soon intends to launch an official digital currency in a phased manner, beginning with wholesale and retail segments. In a key-note speech at a webinar of a legal think tank on July 22, RBI Deputy Governor T. Rabi Shankar presented the central […]
2021-7-24 21:27 | |
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Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments.
2021-7-3 19:32 | |
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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.
2021-6-21 06:30 | |
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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.
2021-6-17 04:00 | |
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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.
2021-6-17 19:22 | |
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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 […]
2021-6-14 20:23 | |
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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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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
2021-6-9 13:42 | |
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Regulatory oversight would soon creep into the burgeoning crypto sector even as they currently continue to largely operate in a legal gray area, said the governor of Riksbank, Sweden’s central bank, on Monday.
2021-6-2 11:43 | |
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The Dutch Central Bank has lost a legal battle over its uninformed and bureaucratic bitcoin address verification requirements.
2021-5-22 15:37 | |
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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 […]
2021-5-21 01:00 | |
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Bitcoin exchange Bitonic has scored a legal victory against the Dutch central bank in a landmark case over wallet verification requirements
2021-5-20 17:43 | |
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The Securities and Exchange Commission of Nigeria says it is working with the central bank to create a legal framework for cryptos and digital assets.
2021-4-17 14:09 | |
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The central bank listed four chief concerns, including the lack of legal recourse in the event of investor disputes and possible violations of foreign exchange regulations when purchasing crypto from abroad.
2021-4-9 12:26 | |
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The use of cryptocurrencies in Nigeria might have just been made legal again. According to unofficial sources, the Central Bank of Nigeria has claimed that there was never a time where it placed a ban on the use of cryptocurrencies.
2021-3-21 21:42 | |
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The Bank of Thailand (BoT) has declared THT, a Baht-pegged stablecoin on Luna-powered Tera, in violation of the Currency Act of 1958, which gives the state exclusive authority to issue money. Pruettipong Srimachand, Assistant Governor of the Legal Group at the central bank, reported on the development around stablecoins in the private sector.
2021-3-18 19:31 | |
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The European Central Bank (ECB) has requested EU lawmakers to confer bank control over the issuance of stablecoins within the region. Reuters reported today that the ECB, via a legal memo issued on February 19, requested exclusive rights to determine stablecoin future within its jurisdiction.
2021-2-25 18:00 | |
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The European Central Bank finally tables its official opinion regarding crypto regulations to the top decision-making again, European Commission. In their official opinion, the ECB now wants the EU members of parliament to grant its veto powers regarding the legal status of stablecoins such as Facebook-supported-Diem.
2021-2-23 21:11 | |
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Arkham's entry into spot trading could intensify competition, potentially driving innovation and regulatory scrutiny in the crypto market. The post Arkham to debut spot trading platform, competes with Coinbase, Crypto.com appeared first on Crypto Briefing.
Microsoft's consideration of Bitcoin investment could influence other major corporations to reevaluate their cash management strategies. The post Michael Saylor to present Bitcoin investment strategy to Microsoft’s board appeared first on Crypto Briefing.
ai16z and Ryze Labs launch AICombinator with a $5M fund to support developers and drive AI-crypto innovation. The post ai16z partners with Ryze Labs to launch AICombinator with $5M fund appeared first on Crypto Briefing.
Donald Trump to meet Coinbase CEO Brian Armstrong in a discussion that might include SEC leadership and plans for the crypto advisory council. The post Trump set to hold private meeting with Coinbase CEO appeared first on Crypto Briefing.
Trump's TMTG is discussing acquiring crypto exchange Bakkt to expand its market presence, using its stock for the deal. The post Trump’s social media group in talks to buy crypto exchange Bakkt appeared first on Crypto Briefing.
Goldman Sachs' blockchain venture could accelerate financial innovation, potentially reshaping industry standards and enhancing market efficiency. The post Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements appeared first on Crypto Briefing.
Key takeaways XRP rallied by over 80% in a week to hit $1 amid a favorable regulatory shift. Vantard’s presale now stands at $838k as more investors troop into the project. XRP rallies to $1 XRP, Ripple’s native coin, has rallied more than 80% over the last seven days.