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Zimbabwe Mulls Making Crypto Legal Tender
The government of Zimbabwe is nursing serious plans to make bitcoin (BTC) a legal tender. Per a report on November 7, 2021, by local news publication, Bulawayo 24 News, Zimbabwean authorities are now in talks with various stakeholders to find out the potential benefits of cryptocurrencies to the nation’s economy. Zimbabwe Eyes Bitcoin Adoption AsRead More дальше »
2021-11-9 22:00 | |
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Zimbabwe may be the next country to embrace Bitcoin as legal tender
Zimbabwe is currently engaged in consultations regarding growing interest in crypto and the potential risks.
дальше »2021-11-8 14:34 | |
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How developments in El Salvador impact Bitcoin's path to an ATH
Bitcoin officially became legal tender in El Salvador on September 7, this year making it the first country to adopt the currency. While the move pushed Bitcoin and the larger crypto market’s narratThe post How developments in El Salvador impact Bitcoin's path to an ATH appeared first on AMBCrypto. дальше »
2021-10-19 04:30 | |
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Mexico's president rules out accepting crypto as legal tender
The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject. дальше »
2021-10-15 22:15 | |
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Afghans Embrace Crypto as Fiat Currency Plunges and Banks Severely Limit Withdrawals
The adoption of cryptocurrencies is growing rapidly around the world, especially in developing countries. Last month, El Salvador became the world’s first nation to adopt Bitcoin as legal tender alongside the US dollar. дальше »
2021-10-12 18:02 | |
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Economist Steve Hanke says BTC adoption is a nightmare for El Salvador
Steve Hanke, a renowned economist and a vocal Bitcoin (BTC/USD) and crypto critic, claims BTC adoption has been troublesome for El Salvador, which recently embraced the digital asset as legal tender. дальше »
2021-10-11 14:52 | |
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Tiny island of Tonga weighs making Bitcoin (BTC) legal tender
Like many crypto enthusiasts predicted that several countries would be following in the footsteps of El Salvador in adopting Bitcoin as a legal tender, there are indications that Tonga could be the next, as one of the country’s politicians is busy drafting a bill in that direction. дальше »
2021-10-7 04:00 | |
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Here’s What The IMF Has In Store For Mainstream Crypto Adoption
The IMF has warned of the impending risks associated with the crypto boom. The international financial body has called for increased crypto regulation to maintain financial stability. The IMF had criticized El Salvador’s decision to adopt bitcoin as a legal tender, citing the impact that it could have upon the debt ridden nation. The International […] дальше »
2021-10-6 17:45 | |
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Morgan Stanley Bags Over 58,000 GBTC Shares As Bitcoin Price Shakes
As Bitcoin and other cryptos gain more credence, many top shots in diverse industries embrace the crypto community. Many companies, including Tesla, had accepted BTC payments once, and even a country like El Salvador is now using it as a legal tender. дальше »
2021-9-29 17:59 | |
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Survey: One-third of America’s Swing States Residents Want Bitcoin (BTC) as Legal Tender
About one in every three Americans living in swing states including Arizona, Texas, Wisconsin, California, Florida, Georgia, North Carolina, Ohio, Pennsylvania, and Virginia, say they want bitcoin (BTC) and other cryptocurrencies to be made legal payment options in their states, according to a report by Newsweek on September 20, 2021. дальше »
2021-9-22 00:00 | |
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How to Accept Bitcoin Payments & Donations [2021 Update]
Bitcoin has been touted as many things – a store of value, a means of exchange, and crazy magic computer money. Certain South American nations have considered BTC as legal tender. Online retailers are setting up crypto payment options as the most convenient way to trade internationally. дальше »
2021-9-21 14:54 | |
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Cuba brings crypto regulations, makes crypto a legal payment method
It has been only a little more than a week since El Salvador started recognizing Bitcoin as legal tender, and already, other countries are considering doing the same. Cuba actually became the next one to start accepting cryptocurrencies as a legal payment method as its new regulations took effect. дальше »
2021-9-17 11:38 | |
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High-flying Solana (SOL) Enjoys Continued Hype Despite Market-Wide Retracement
Solana (SOL), the seventh-largest crypto by market cap, managed to survive a brutal sell-off last week that coincided with El Salvador embracing BTC as legal tender. SOL Price Resilience Impresses Analyst That flash crash wiped out over $200 billion from the combined global value of cryptocurrencies, sparking fears of a bigger fall. However, SOL defiedRead More дальше »
2021-9-15 01:00 | |
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Bitcoin Set To Become Legal Tender In Ukraine — Crypto At The Top Of Its Financial Agenda
Key takeaways Ukraine is likely to become the next country to adopt Bitcoin as legal tender. Number of countries giving cryptocurrencies legal status is growing after El Salvador adopts Bitcoin. Bitcoin is becoming more of a global phenomenon as more countries are paying attention to adopting it as a currency standard. According to experts, Ukraine […] дальше »
2021-9-14 15:42 | |
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Is Bitcoin's legal tender status causing 'currency chaos' in El Salvador
Days after El Salvador became the world’s first country to adopt Bitcoin as legal tender, it hasn’t garnered an endorsement from many crypto proponents. In a recent podcast, business and policy reThe post Is Bitcoin's legal tender status causing 'currency chaos' in El Salvador appeared first on AMBCrypto. дальше »
2021-9-12 04:30 | |
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Cardano Founder Charles Hoskinson Praises El Salvador, Says Countries Need Crypto Strategies
El Salvador officially implemented its bitcoin law in September. Making it the first and only country to have crypto as a legal tender. This represents a big leap in crypto becoming more mainstream. дальше »
2021-9-10 20:00 | |
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Every Country Needs a Crypto Strategy After El Salvador, Says Charles Hoskinson
Cardano Founder Charles Hoskinson recently reflected on El Salvador’s adoption of bitcoin as legal tender urging other countries to follow suit. The post Every Country Needs a Crypto Strategy After El Salvador, Says Charles Hoskinson appeared first on BeInCrypto. дальше »
2021-9-9 09:53 | |
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The Crypto Crash - BTC is legal tender in El Salvador, the President buys the dip
Andy Pickering is here with a weekly crypto market update where we look through the volatile world of crypto Twitter to tease out the most important narratives and data points. дальше »
2021-9-16 04:00 | |
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Bitcoin Suffers 10% Pull Back On El Salvador’s Debut, Funding Rates Dip
Bitcoin’s price plummeted over 10% on early Tuesday, as El Salvador announced that it would officially accept the major cryptocurrency as the nation’s legal tender. According to CoinMarketCap, Bitcoin’s slump from Monday accelerated as the crypto failed to hold its $50,000 price level — sliding from $51,000 to $44,700 within a single hour. дальше »
2021-9-8 01:13 | |
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Panama Congress Introduces Bill to Make Bitcoin (BTC) Legal Tender
Gabriel Silver, a member of the Panamanian Congress, has floated a bill designed to make bitcoin (BTC) and other cryptocurrencies legal tender in all sectors of the nation’s economy. The bill also seeks to make Panama a hotbed for blockchain-focused businesses by implementing amenable crypto regulations in the state, according to reports on September 7,Read More дальше »
2021-9-8 21:00 | |
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El Salvador Approves $150M Bitcoin Fund As IMF Reiterates Concerns About The Initiative
In order to jumpstart the impending adoption of Bitcoin as legal tender in El Salvador, the nation’s Legislative Assembly has approved a $150 million fund to facilitate the development of crypto infrastructure including conversions from bitcoin to US dollars. дальше »
2021-9-2 16:57 | |
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El Salvador Set For Bitcoin Rollout With 200 ATM Installations Across The Country
El Salvador has started mounting Bitcoin ATMs that will enable its residents to convert cryptocurrencies to U. S. dollars. The ATMs will also allow for crypto withdrawal in cash, as the government intends to make crypto a legal tender. дальше »
2021-9-1 02:05 | |
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Honduras Opens First Crypto ATM as Interest Grows
This week, Honduras installed its first cryptocurrency ATM as demand for digital assets' continues, following neighboring El Salvador pushing to make bitcoin legal tender. The post Honduras Opens First Crypto ATM as Interest Grows appeared first on BeInCrypto. дальше »
2021-8-29 17:41 | |
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200 Bitcoin ATMs installed in El Salvador ahead of legal tender adoption
El Salvador began installing crypto ATMs as the country enters the last two weeks of preparation for the big day when Bitcoin (BTC) will claim its legal tender status. The post 200 Bitcoin ATMs installed in El Salvador ahead of legal tender adoption appeared first on CryptoSlate. дальше »
2021-8-25 04:00 | |
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Bitcoin adoption could dampen El Salvador’s credit rating, Fitch says
Fitch Ratings has warned that El Salvador’s move to regulate Bitcoin (BTC) as legal tender could negatively affect credit ratings of the country’s insurance sector. The global credit scoring agency has joined the pack of El Salvador’s Bitcoin adoption critics, stating concerns about the country’s poor articulation of the crypto’s implementation in mainstream markets. дальше »
2021-8-18 07:00 | |
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Uruguayan Senator Proposes Bill to Make Crypto Legal Tender
Uruguayan lawmaker Juan Satori has proposed a bill in a bid to allow cryptocurrency payments. According to his tweet on August 4, Satori’s proposed bill seeks to provide “legal, financial and fiscal security in the business derived from the production and commercialization” of cryptocurrencies. дальше »
2021-8-5 19:00 | |
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Uruguay senator proposes bill to classify Bitcoin and other cryptos as ‘legal tender’
A senator in the Uruguayan parliament, Senator Juan Satori has joined the league of politicians supporting Bitcoin as he recently introduced a draft bill that proposes the regulation and enablement of the adoption of crypto payments by businesses. дальше »
2021-8-6 13:00 | |
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El Salvador to officially adopt Bitcoin as legal tender on September 7
Payment processors that facilitate the immediate transfer of crypto into fiat currency and enable acceptance of Bitcoin (BTC) payments for e-commerce, point-of-sale, invoicing and remittance, have a finger on the pulse of the everyday economics of cryptocurrency adoption. дальше »
2021-7-30 11:00 | |
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What part of Bitcoin as national currency is a 'step too far'
Since El Salvador’s president made the announcement to make Bitcoin legal tender in the country, equal amounts of praise and criticism have been thrown its way. Even as crypto enthusiasts have repeaThe post What part of Bitcoin as national currency is a 'step too far' appeared first on AMBCrypto. дальше »
2021-7-28 22:00 | |
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Developing countries may regulate Cryptos in 2021/22 in line with Developed countries
Crypto is a great tech innovation for system transaction efficiency and thus various developing countries are now keen to adopt the technology rather than accepting it as a legal tender (currency). дальше »
2021-7-28 04:44 | |
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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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El Salvador Is Reportedly Planning Its Own National Stablecoin — Here’s What You Need To Know
In June, El Salvador became the first country in the world to make bitcoin legal tender, just days after millennial president Nayib Bukele announced his ambitious crypto vision during the 2021 Miami Bitcoin extravaganza. дальше »
2021-7-18 16:51 | |
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Majority of Salvadorans Skeptical of BTC as Currency, Poll Finds
President Nayib Bukele’s adoption of cryptocurrency as legal tender in his country is not being met with deep understanding by most of his fellow Salvadorans, a new survey suggests. Almost half of the respondents admitted they knew nothing about Bitcoin, while two-thirds aren’t ready to be paid in crypto. дальше »
2021-7-10 01:00 | |
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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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Lumenswap Is A Platform For Trading Digital Assets
Lumenswap is the decentralized exchange on the Stellar Network. It’s a revolutionary concept that facilitates the transfer and trade of any money or trading assets, including those in legal tender and as well as in crypto assets at the market price. дальше »
2021-7-1 15:45 | |
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Regulate Not Legalize: Paraguay Clarifies Bitcoin Move
Weeks after El-Salvador set a national record as the first nation to slap a highly-revered legal tender status on Bitcoin, rumors flooded the crypto space after an announcement from the national lawmaker, that Paraguay is next in line to follow suit. дальше »
2021-6-30 17:08 | |
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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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El Salvador Set to Install 1500 Bitcoin ATMs Throughout the Nation
El Salvador made headlines when it announced plans to accept Bitcoin as a legal tender. Since then, the cryptocurrency industry in the nation has seen constant innovation. The latest development involves the installation of 1500 cryptocurrency-powered ATMs in the nation, courtesy of Crypto ATM manufacturer Athena Bitcoin. дальше »
2021-6-25 15:00 | |
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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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Paraguayan Lawmaker to Present Bitcoin Legislation Next Month — Aims to Make Paraguay Global Crypto Hub
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide. His efforts follow El Salvador passing a bill making bitcoin legal tender. дальше »
2021-6-21 00:30 | |
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Paraguay Follows El Salvador In Tabling Bitcoin Bill, The Crypto Revolution Is Happening
As confirmed by Paraguay’s National Deputy, Carlitos Rejala, plans are in place to discuss the formal legalization of Bitcoin next month. Since El Salvador took the progressive step of recognizing Bitcoin as legal tender, politicians from several other Latin American countries have also signaled a similar intent. So far, on the list of potentials to […] дальше »
2021-6-19 03:00 | |
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“All The Way To $160K This Year” – Here’s Why Celsius CEO Is Upgrading His Bitcoin Price Target
CEO of Celsius Network, a leading crypto lending, and interest-yielding blockchain platform Alex Mashinsky has predicted that the price of Bitcoin looks on track to hit $160,000 by the end of 2021. Mashinsky supports his prognosis with recent events happening in the crypto community that saw El Salvador adopt Bitcoin as legal tender. He feels […] дальше »
2021-6-19 00:08 | |
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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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Crypto Market update - Bitcoin is legal tender in El Salvador, Elon warms up...
Andy Pickering is here with a weekly crypto market update where we look through the volatile world of crypto Twitter to tease out the most important narratives and data points of the last week. And what a week it was, Andy looks at El Salvador’s decision to make Bitcoin legal tender, which countries might be next, and is Elon Musk warming back up to Bitcoin? дальше »
2021-6-14 04:30 | |
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