2023-2-24 00:30 |
The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador. origin »
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On Thursday, the IMF sent a worrying signal to the ecosystem that cryptocurrencies should not be “legal tender.” The post Crypto as Legal Tender a Red Flag as International Monetary Fund Backs Restrictions appeared first on BeInCrypto.
2023-2-24 23:24 | |
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The International Monetary Fund (IMF) warned that giving cryptocurrencies the status of legal tender or official currency could lead to adverse effects on the monetary sovereignty and stability of a nation.
2023-2-24 22:33 | |
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In the past year, bitcoin’s price has declined by about 60% from its all-time high. This has diminished the excitement surrounding the alpha coin, but not entirely. There are still many who have faith in the cryptocurrency’s future.
2023-1-26 13:18 | |
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The country, which made bitcoin a legal tender in April, wants to pave way for greater crypto adoption.
2023-1-24 14:04 | |
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The country was one of the first to declare bitcoin as legal tender.
2022-12-20 14:03 | |
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Prominent Bitcoiner again attacks altcoins, praising El Salvador's president for adopting Bitcoin as legal tender
2022-12-2 17:41 | |
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The Indonesia c.bank has launched a white paper on planned digital rupiah that will emphasize the Bank Indonesia’s (BI) role as the sole authority to issue legal tender. Indonesian government joins bandwagon to ring-fence crypto The Indonesia central bank unveiled…
2022-11-30 19:05 | |
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The Caribbean nation could join El Salvador and the Central African Republic in backing crypto
2022-11-14 14:19 | |
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The biggest news in the cryptosphere for October 10 includes Dominic Frisby’s take on Bitcoin and gold investments, the EU Commission’s tender that signals a regulatory framework for DeFi, and BitBoy Crypto’s allegations against the former SEC director for accepting bribes to declare Ethereum a commodity.
2022-10-11 23:39 | |
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Bitcoin, as with other cryptocurrencies, is not a legal tender issued by the government. It is not fiat and therefore won’t give in to inflationary pressures like the one being experienced in the United States today.
2022-10-8 12:22 | |
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Russia is warming up to adopt bitcoin and other cryptocurrencies for financial transactions for any industry without restrictions. The Journey to Crypto Acceptance Before the Ukrainian invasion, Kremlin bureaucrats were against the adoption of cryptocurrency as a legal tender. With…
2022-10-4 19:00 | |
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It has been one year since Bitcoin became legal tender in El Salvador. Crypto adoption has not been without issues in El Salvador, but it’s difficult to weed through the different stories about Bitcoin because there are so many competing interests promoting or FUDing Bitcoin.
2022-10-4 16:40 | |
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Hero at home, villain abroad. El Salvador`s bitcoin maverick president Nayib Bukele took perhaps one of the bravest decisions in modern economics: adopting the divisive crypto asset as legal tender.
2022-9-17 11:22 | |
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The Philippine central bank sees crypto's potential for improving domestic and cross-border payments, but the authority is still negative about crypto as a legal tender.
2022-8-15 13:25 | |
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According to the World Bank, the number of people living in extreme poverty — on less than $1. 90 per person per day — has been increasing in the past three years following the effects of COVID-19, rising global conflicts, climate change, and unchecked inflation.
2022-8-9 12:30 | |
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Led by President Nayib Bukele, the country made bitcoin legal tender and began buying the crypto in September 2021.
2022-6-15 21:11 | |
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Crypto adoption across the world is growing at a much faster pace. New data suggested four in five American retail organizations are expecting digital currency payments in the next five years. TheyThe post Report: 'Digital currency will become legal tender in the next...' appeared first on AMBCrypto.
2022-6-10 04:30 | |
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A new Deloitte survey has revealed that US retailers believe that crypto adoption among businesses will rise to a new high as 83% of them think ‘digital currencies’ will become a legal tender within the next ten years.
2022-6-9 19:00 | |
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Given the growing interest in crypto adoption as a legal tender, it’s not shocking that many participants will wish to legalize bitcoin. The level of support for crypto was evident in a new survey conducted by The Economist.
2022-6-7 13:00 | |
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The impoverished country has launched an ambitious crypto project that includes using Bitcoin as legal tender, attracting investment and creating its own metaverse.
2022-6-4 20:30 | |
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Only the latest crypto news and updates in U.Today’s news digest!
2022-6-4 19:27 | |
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Timothy Ursich, a candidate for the US Senate, has revealed that he wants to make Dogecoin a legal tender in California. Ursich explained that he intends to provide full and adequate support to the crypto industry by advocating for the mass adoption of the new financial technology.
2022-6-3 04:00 | |
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The World Bank has expressed concerns over a plan by the Central African Republic to set up a crypto hub, weeks after the nation became the second country in the world to make Bitcoin legal tender.
2022-5-31 01:27 | |
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The Central African Republic adopted Bitcoin as an official currency in April. Central African Republic Announces Sango Project Weeks after adopting Bitcoin as a legal tender, the Central African Republic...
2022-5-24 19:40 | |
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The Central African Republic prepares to launch its first major crypto hub shortly after the National Assembly adopted Bitcoin as legal tender.
2022-5-25 16:30 | |
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After adopting bitcoin as legal tender, the Central African Republic now wants to create a cryptocurrency economic zone – Sango.
2022-5-24 15:44 | |
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The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender.
2022-5-17 04:16 | |
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Bitcoin’s precipitous fall has occurred at the same time as rising violence in El Salvador, the country that adopted BTC as legal tender under its blockchain-loving president. As Politico reports, Salvadoran President Nayib Bukele was unable to attend April’s big crypto conference in Miami because of gang violence that led to the largest single-day murder rate […]
2022-5-14 23:15 | |
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El Salvador, the first country to adopt Bitcoin as legal tender, has been in the midst of a struggle against gang violence since March. In response to these challenges, the crypto industry has offered help in several ways, with Binance pledging to create jobs for the country’s youth.
2022-5-8 16:39 | |
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Despite CAR’s move being hailed by the crypto community as a progressive motion, the International Monetary Fund has noted that making Bitcoin legal tender is dangerous and “presented a series of challenges for the country and the region.”
2022-5-8 15:59 | |
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After El Salvador’s move to give Bitcoin a legal tender, the National Assembly of the Central American country, Panama, passed a bill on Thursday to enact regulations for the commercialization and use of cryptocurrency in the republic.
2022-5-1 23:00 | |
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Cryptocurrency adoption throughout the world is growing quickly. Panama follows in the footsteps of other Central American countries like El Salvador, Lugano, and Honduras Prospera. Bitcoin (BTC) and other cryptocurrencies including XDC Network will soon be accepted in Panama after the National Assembly passes the initial steps.
2022-4-29 09:33 | |
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The sponsor of the freshly-passed legislation spoke on Twitter spaces on Thursday afternoon.
2022-4-29 23:02 | |
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Chicago-based company Athena Bitcoin deployed bitcoin ATMs a week after El Salvador’s president legalized bitcoin as legal tender.
2022-4-29 22:35 | |
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Greg Tanaka is an entrepreneur and DeFi developer who wants to make crypto a legal tender.
2022-4-26 16:17 | |
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Crypto millionaires have been queuing to visit El Salvador, the only country that has made Bitcoin (BTC) legal tender thus far. The post Report: Crypto millionaires flock to El Salvador to invest in the Bitcoin City project appeared first on CryptoSlate.
2022-4-22 08:00 | |
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After growing institutional adoption, Germany moves 3 spots to become the most friendly crypto nation. Due to the recent clampdown on crypto ads and Bitcoin ATMs, Singapore falls back. More Countries are warming up to crypto as an independent region in Switzerland adopts Bitcoin as legal tender.
2022-4-18 14:16 | |
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Apart from providing the legal framework for the circulation and issuance of cryptocurrencies, the draft bill also introduces requirements for certification, identification, and accounting for entities who would like to open digital asset businesses in Russia.
2022-4-17 19:59 | |
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Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender.
2022-4-18 18:16 | |
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Starting this week on April 6th through the 9th, the world’s largest Bitcoin conference will take over the Miami Beach Convention Center and surrounding areas. In the past, announcements include the debut of Ethereum and El Salvador President Nayib Bukele revealing his intentions to make BTC legal tender. Here is an early look at what […]
2022-4-4 16:38 | |
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Malaysia’s deputy finance minister has stated that the country will not be accepting cryptocurrencies as legal tender in the future. The Minister went on to list a host of limitations against cryptocurrencies including price fluctuations.
2022-3-30 00:49 | |
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The first country to officially adopt Bitcoin as a legal tender, El Salvador, is seeing its crypto dreams shatter in pieces. A recent survey by the Chamber of Commerce and Industry of El Salvador founThe post Dispiriting saga of BTC and Bukele as El Salvador struggles with crypto adoption appeared first on AMBCrypto.
2022-3-21 18:00 | |
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The Communications and Multimedia Ministry of Malaysia proposed today that digital currencies such as bitcoin (BTC) should be adopted as legal tender to help the younger generation who are active users of the currency, especially on non-fungible token (NFT) trading platforms, says Datuk Zahidi Zainul Abidin, deputy minister of the Communication Ministry of Malaysia, reported […] The post Government of Malaysia proposes Bitcoin, crypto as legal tender appeared first on CryptoSlate.
2022-3-21 16:30 | |
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Malaysian government is eyeing Bitcoin as legal tender in order to attract young users to crypto adoption
2022-3-21 13:37 | |
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The Swiss city of Lugano has announced today that it will recognize cryptocurrencies as legal tender. The post Switzerland aims to become the next crypto utopia as Lugano makes Bitcoin and USDT legal tender appeared first on CryptoSlate.
2022-3-4 01:16 | |
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Ukraine has today become the first government to announce a cryptocurrency airdrop since El Salvador made Bitcoin legal tender in 2021. The post Ukraine to issue airdrop to all crypto donors ahead of snapshot appeared first on CryptoSlate.
2022-3-2 16:30 | |
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El Salvador, a country that has become infamous for being the first sovereign nation to accept bitcoin as a legal tender, continues its journey through uncharted waters. To make this move a reality, the country had launched its own government-approved bitcoin wallet, Chivo for carrying out crypto transactions in the country.
2022-2-4 20:00 | |
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"You can buy gold, diamond, crypto, but that will have not have the value authorization by government," said T.V. Somanathan.
2022-2-3 20:30 | |
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Days after the International Monetary Fund (IMF) urged El Salvador to ditch bitcoin as legal tender, a top official from the organization has voiced concerns over risks involved with cryptocurrencies especially in emerging markets.
2022-2-1 13:04 | |
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The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, seen as a major win for the crypto industry, aims to establish a long-awaited regulatory framework for digital assets in the US.
In a detailed analysis shared with his 788,000 followers on X (formerly Twitter), renowned analyst Pentoshi has forecasted a more restrained outlook for the current crypto bull run, suggesting that it may not mirror the explosive growth seen in previous cycles.
In his latest essay, Arthur Hayes, the former CEO of crypto exchange BitMEX, introduced a bold investment philosophy he calls the “Left Curve. ” This strategy diverges sharply from traditional investment approaches typically adopted during bull markets in the crypto world.
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority.
Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.”
The former presidential candidate spoke at NABS about opportunities the United States may be missing to blockchain and AI for the public good.
The third-party crypto bot Wallet is debuting its global rollout on Telegram Messenger in several countries in Latin America and Africa.