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Christine Lagarde Reaffirms ECB’s Crypto Policy as Bitcoin Becomes Legal Tender in El Salvador
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. дальше »
2021-6-14 04:00 | |
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Crypto Market Forecast: Week of June 14th 2021
A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin has a strong week as Elon Musk leaves the door open for Tesla to accept Bitcoin again, El Salvador makes Bitcoin legal tender in the country - and Ethereum transaction fees hit 6-month lows. дальше »
2021-6-14 04:00 | |
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Summing Up The JP Morgan Report On Bitcoin In El Salvador
It’s been only a couple of days since Bitcoin was declared legal tender in El Salvador. The decision has been controversial. Most of the crypto community has shown support for the new law, but traditional media and financial institutions haven’t been equally receptive. дальше »
2021-6-12 23:14 | |
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Institutions Double Down on Bitcoin after El Salvador Made BTC Legal Tender
Institutional investors are ramping up their Bitcoin purchase, data from GlassNode—a crypto analytics platform, shows. Institutions Flock to Bitcoin Data, on June 11, reveals that there has been a sharp uptick in total transfer volumes of BTC from Over-the-counter (OTC) desks starting mid-week when El Salvador made Bitcoin legal tender. The surge in trading volumesRead More дальше »
2021-6-11 20:00 | |
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IMF Voices Concerns Over El Salvador Making Bitcoin Legal Tender
The International Monetary Fund (IMF) has warned of “a number of macroeconomic, financial and legal issues” surrounding El Salvador making bitcoin legal tender. “Crypto assets can pose significant risks and effective regulatory measures are very important when dealing with them,” an IMF spokesperson cautioned. дальше »
2021-6-11 03:30 | |
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India Could Be Looking to Classify Bitcoin as an Asset Class
This has been a historic week for Bitcoin as just after a decade of existence, it has now been declared the legal tender for a country. The move seems to have sparked a trend as regulators all across the globe are starting to advocate for the flagship crypto as well as the entire industry. Now,Read More дальше »
2021-6-11 19:00 | |
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Bitcoin Mandate: El Salvador to Accumulate $150 Million in BTC to Facilitate Crypto Transactions
The country has passed the bill to make Bitcoin legal tender with a supermajority and has become the first nation to adopt a cryptocurrency as legal tender. The post Bitcoin Mandate: El Salvador to Accumulate 0 Million in BTC to Facilitate Crypto Transactions first appeared on BitcoinExchangeGuide. дальше »
2021-6-9 15:14 | |
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Classical Chartered Market Technician Warns Of Bitcoin “Bear Trap”
The recent Bitcoin bull market has attracted a lot more influential names these days. The CIO of Guggenheim Scott Minerd regularly speculates on crypto, Elon Musk is at the forefront of most conversations, and the Presidents of several countries are now adopting the cryptocurrency as legal tender. дальше »
2021-6-8 19:01 | |
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How El Salvador Embracing Bitcoin Signifies “The Separation Of Money And State”
Things are moving fast in El Salvador. Since president Nayib Bukele announced a proposal to make Bitcoin legal tender in the country, the whole world seems to be watching. Both investors and crypto business owners are exploring their options in El Salvador and the president’s Twitter profile pic shows laser eyes. In the video shown […] дальше »
2021-6-8 10:44 | |
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El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted the possibility of offering permanent residence to crypto […] дальше »
2021-6-8 23:00 | |
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Paraguay joins the crypto train, says ‘Bitcoin to the moon’
Paraguay is setting an important project in motion this week, hinting at Bitcoin (BTC) and its legal tender status, announced congressmen Carlitos Rejala in a tweet. Only a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it seems Paraguay is going to be the next country racing to legalize […] The post Paraguay joins the crypto train, says ‘Bitcoin to the moon’ appeared first on CryptoSlate. дальше »
2021-6-7 21:00 | |
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Crypto Market Forecast: Week of June 7th 2021
A curated weekly summary of forward-focused crypto news that matters. This week, crypto pulls back as Weibo bans popular crypto accounts, on-chain Bitcoin activity slows down and El Salvador becomes the first country to accept BTC as legal tender. дальше »
2021-6-8 17:00 | |
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What Exactly are the Implications of El Salvador Declaring Bitcoin a Legal Tender for Crypto
A “big win” for crypto, El Salvador’s Bitcoin adoption has implications for the US and may result in a domino effect which seems to have started with Paraguay hinting at something “important” with BTC. дальше »
2021-6-7 16:27 | |
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El Salvador President: No capital taxes on Bitcoin, PR for crypto entrepreneurs
El Salvador president Nayib Bukele said in a tweet last night that investors will pay no capital taxes on Bitcoin gains, a day after announcing the asset could soon be ‘legal tender’ in the country. дальше »
2021-6-7 14:00 | |
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El Salvador to make BTC legal tender; offers crypto entrepreneurs permanent residence
El Salvador is on the path to becoming the first country in the world to adopt Bitcoin (BTC) as legal tender alongside the US dollar. Nayib Bukele, the country’s president unveiled these plans through a video broadcast during the Bitcoin 2021 conference that was held in Miami’s Wynwood neighborhood. дальше »
2021-6-8 13:35 | |
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Crypto community reacts to El Salvador becoming first country to adopt Bitcoin as legal tender
The decision was announced by the country’s President, Nayib Bukele, while speaking during a video broadcast at the Bitcoin 2021 conference held in Miami. The post Crypto community reacts to El Salvador becoming first country to adopt Bitcoin as legal tender appeared first on CryptoSlate. дальше »
2021-6-7 02:10 | |
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Why Bitcoin Declared Legal Tender Could Have Major Implications Beyond El Salvador
The adoption of the Bitcoin Standard by nation-states has begun. El Salvador will become the first country to declared BTC a legal tender. The announcement was made recently; the crypto space and its industry are still processing its impact. дальше »
2021-6-7 20:29 | |
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This Country Plans to Be the First to Accept Bitcoin as Legal Tender
Crypto Legal Tender El Salvador is beginning efforts to accept bitcoin as legal tender — making it the first ever sovereign nation to do so. President Nayib Bukele announced that he would introduce legislation to accept the cryptocurrency as legal tender along with the US dollar, according to CNBC. дальше »
2021-6-8 18:57 | |
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El Salvador Set to Accept Bitcoin as Legal Tender: A Crypto Bull Case?
El Salvador is set to become the first nation to accept Bitcoin as legal tender. In an announcement at the Bitcoin 2021 conference earlier today, El Saldavor’s President Nayib Bukele said that the bill to legitimize the major cryptocurrency as legal tender was well under way. дальше »
2021-6-6 03:31 | |
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Central Banks Consult on Tougher Crypto Asset Oversight
The Basel Committee on Banking Supervision (BCBS) is soliciting comments on “Designing a prudential treatment for crypto assets,” to improve the regulatory oversight by March 2020. The paper says, “These types of crypto-assets are not legal tender, and are not backed by any government or public authority. дальше »
2019-12-13 23:36 | |
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Reserve Bank of Malawi (RBM): “Crypto Assets Cannot be Used as Legal Tender”, No MWK Replacement
A number of independent studies published recently have shown that there has been a growing interest from the Malawian population in regards to cryptocurrencies (such as Bitcoin, Ethereum) and its associated offerings. дальше »
2019-5-28 17:18 | |
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Sweden Central Bank Pushes for Clarification of Legal Tender, Set to User in the Bitcoin Crypto Era
According to an article by the Financial Post “cash is almost extinct” in Sweden due to the country’s efforts to become a cashless society. Recently, Sweden’s Central Bank, also known as Riksbank, released a statement requesting clarification on legal tender. дальше »
2019-4-30 18:24 | |
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Crypto Day of Reckoning In Sweden? Central Bank Urges Clarification on Legal Tender
The oldest central bank on the planet has called on politicians to define the concept of money legally and its definition may include crypto. In an increasingly cashless society, the Swedish Riksbank is struggling to come to terms with its diminishing responsibilities and is seeking clarification on them as a matter of urgency. дальше »
2019-4-30 02:00 | |
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SEC to Gather Blockchain Data For Major Cryptos
The Securities and Exchanges Commission is looking for a blockchain analysis firm to provide readable crypto data according to a new tender notice. It says: “The U. S. Securities and Exchange. дальше »
2019-2-2 17:07 | |
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Swiss Wallet Manufacturer Tangem to Issue National Crypto for Marshall Islands
CoinSpeaker Swiss Wallet Manufacturer Tangem to Issue National Crypto for Marshall Islands The physical banknotes of the Sovereign, the world's first decentralized digital national currency, will join the U. дальше »
2019-1-30 09:51 | |
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Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal
Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies encroaching on their turf. дальше »
2019-1-26 10:38 | |
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Singapore Doubles Down, Insists that Crypto Isn’t Legal Tender
The Singaporean government has declared that cryptocurrencies aren’t legal tender and has cautioned business owners against accepting it, just as JK Jewellery has announced that crypto would be accepted in their stores. дальше »
2019-1-25 02:00 | |
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Ghana’s Regulatory Agency Could License Cryptocurrencies and Make Bitcoin a Legal Tender
Although there are several regulatory agencies around the world trying to regulate the cryptocurrency market, there are others that want to make cryptocurrencies legal tender. Ghana’s Securities and Exchange Commission (SEC) is considering licensing digital assets in the country. дальше »
2019-1-23 20:34 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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The Daily: Japan Calls All Coins ‘Crypto Assets’, Russia Defines Cryptocurrency as Property
The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender. Also in The Daily, the Justice Ministry in Moscow has confirmed that it classifies digital coins as “other property. дальше »
2018-12-15 17:15 | |
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Zambia Central Bank Declares Bitcoin Not Legal Tender, Jails Multiple Crypto Investment Scheme Bad Actors
Three Directors Of Zambia’s Heritage Coin Resources Limited Accused Of Laundering $2. 4 Million Arrested Zambia’s Drug Enforcement Commission (DEC) has apprehended three directors of the Heritage Coin Resources Limited in an alleged offence of laundering more than k28,000,000, which is approximately $2. дальше »
2018-11-12 20:42 | |
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Nigeria’s Blockchain Businesses Request Central Bank Of Nigeria (CBN) For New Crypto Guidelines
Central Bank of Nigeria (CBN), which doesn’t recognize cryptos as legal tender are getting requests from the country’s Fintech startups to provide legal guidelines for the cryptocurrency and blockchain industry. дальше »
2018-11-12 08:00 | |
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Marshalls President to Face No-Confidence Motion for Creating a Sovereign Crypto Currency Criticized by the IMF and the U.S Government
Marshall Islands President Hilda Heine’s plans to create a cryptocurrency that would function as a legal tender could be frustrated by the efforts of eight senators from the country who joined together to present a no-confidence motion after the IMF, and the United States expressed their disagreement. дальше »
2018-11-8 18:10 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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Venezuela’s Supreme Court of Justice Recognized Petro Cryptocurrency as Legal Tender
Venezuela is determined to become the first Latin American crypto nation, and after several delays, its government finally announced the launch of the Petro as a cryptocurrency created to counteract several of the problems associated with the issuance of traditional fiat money. дальше »
2018-11-3 18:55 | |
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Crypto is Property: Chinese Court Upholds Citizens Rights to Own Bitcoin
The Shenzhen Court of International Arbitration (SCIA) has recently affirmed that cryptocurrencies, specifically bitcoin and several of its hard forks, are considered legal property and Chinese citizens have a right to own and transfer them. дальше »
2018-10-27 19:22 | |
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Japanese Crypto Industry Granted Self-Regulatory Status by Authorities
Japan has always been a pro-cryptocurrency state. It made Bitcoin legal tender when several other countries were still determining the legal status of digital assets. The Financial Services Agency (FSA) of Japan gave the crypto industry self-regulatory status on Wednesday. дальше »
2018-10-26 22:29 | |
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Crypto Exchange Unocoin Co-founder Arrested in India for Setting up Crypto ATM
The cryptocurrency market is not regulated in India, and the Indian government does not consider crypto as a legal tender or investment. The Reserve Bank of India banned all banking channels to crypto entities in April this year. дальше »
2018-10-26 21:29 | |
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Binance Invests $2.5 Million in Australian Blockchain Travel Startup
Binance has announced a $2. 5 million investment in Australian travel startup TravelbyBit in a move to introduce a blockchain-based, point-of-sale (POS) payment system across major airports around the world. дальше »
2018-10-4 17:50 | |
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IMF Doesn’t Want Crypto To Be Classed As Legal Tender
The IMF (International Monetary Fund) has advised against the Republic of the Marshall Islands’ idea to bring in a digital currency as a second legal tender as well as the US dollar. The Marshall Islands are based in the central Pacific as a remote chain of islands. дальше »
2018-9-11 23:00 | |
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November Will Be The Turning Point For Bitcoin According To Experts
As we all know, Bitcoin is the most advanced and successful cryptocurrency of all time. In 2017 it was estimated that between 2. 9 and 5. 8 million individual users were using a cryptocurrency wallet and most of them were using Bitcoin. дальше »
2018-9-6 16:30 | |
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Bahamas’ Currency Turns To Crypto To Benefit Its Citizens And Stimulate The Economy
Bahamas’ currency intends to expand into digital money. The Commonwealth of the Bahamas established the Bahamian dollar (BSD) as legal tender in 1966, replacing the British Pound Sterling (GPB). дальше »
2018-8-14 10:35 | |
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Japan Shows Other Countries How Crypto Regulation Should Be Done
Japan has always been a very interesting country when it comes to cryptocurrency and regulation. It is one of the few companies which has made Bitcoin legal tender. The current approach of self-regulating cryptocurrency is still controversial, but the concept continues to gain a lot of traction regardless. дальше »
2018-8-8 18:00 | |
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Indian government gives nod to crypto currency as legal tender
Regulation The law commission established by the order of the Indian government has issued a report recognizing cryptocurrency as a means of payment. This is reportedly the first time that a body appointed by the government admitted cryptocurrencies have value and can be used in transactions. дальше »
2018-7-27 18:57 | |
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