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Will everyone realize this 'reality' about El Salvador's adoption of Bitcoin as legal tender
The news of El Salvador passing the law on Bitcoin as legal tender had made headlines in June. As the date on which it takes effect, draws near (7 September), the country's President shared a few updaThe post Will everyone realize this 'reality' about El Salvador's adoption of Bitcoin as legal tender appeared first on AMBCrypto. дальше »
2021-8-24 13:02 | |
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Although Bitcoin Legal Tender In El Salvador, Still Not Widely Used As Medium Of Exchange
In the existing paradigm, we rely on government-issued currency – it often offers security, stability, and standardization of transactions, all essential qualities for a successful legal tender. дальше »
2021-8-24 03:00 | |
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El Salvador’s Bukele Is “Playing With Fire” For Ignoring World Bank, IMF’s Warnings On Bitcoin: Renowned Economist Steve Hanke
Steve Hanke – a professor of applied economics at John Hopkins University – has sounded a warning that El Salvador could be heading to currency chaos and economic collapse with their adoption of Bitcoin as legal tender. дальше »
2021-8-22 17:36 | |
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A Bitcoin Maximalist’s Harsh Criticism Of The Lightning Network
The Lightning Network is the reason Bitcoin will be legal tender in El Salvador. The main chain couldn’t serve a whole country without a fast and reliable payment channel built on top of it. It’s as simple as that. дальше »
2021-8-20 16:03 | |
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Former SEC Chairman Says Crypto Fits Existing Legal Framework
According to a recent email exchange, ex-SEC Chairman Jay Clayton sees the existing U.S. regulations as a good model for crypto rules. The post Former SEC Chairman Says Crypto Fits Existing Legal Framework appeared first on BeInCrypto. дальше »
2021-8-21 14:34 | |
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NuGenesis Comprehensive 2-part Review of proposed amendment of the Federal Reserve Act (Part 2)
SWEEEPING REFORMS AND EFFECT ON STABLE COINS (The Digital Assets Market Structure and Investor Protection Bill. ) The sweeping legal reforms and the down-under solution The “Digital Asset Market Structure and Investor Protection Bill” seeks to prohibit stable coins. дальше »
2021-8-20 11:27 | |
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These are the key points El Salvador's 'worrying' Bitcoin banking regulations ignore
Since El Salvador first decreed that Bitcoin will be made legal tender, the crypto-world has waited with anticipation for this financial revolution to unfold. Despite heavy criticism from both inside The post These are the key points El Salvador's 'worrying' Bitcoin banking regulations ignore appeared first on AMBCrypto. дальше »
2021-8-20 00:30 | |
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Jamaica: Central Bank Mandates Court Order for Monitoring Customer CBDC Transaction Data
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 дальше »
2021-8-19 19:00 | |
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“I’m Spending Almost All My Time” on Regulatory Compliance, says Binance CEO
The leading cryptocurrency exchange is currently on a hiring spree to increase the size of its compliance and legal teams along with remedying the issue of not having a headquarters which was a move towards a “decentralized organizational structure. дальше »
2021-8-18 16:00 | |
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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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Ripple (XRP) hits back as SEC case turns intrusive
Ripple’s legal battle with the US Securities and Exchange Commission (SEC) is approaching the discovery phase deadline on August 31, as the blockchain-based payments company filed its opposition to the regulator’s request for additional Slack communications. дальше »
2021-8-18 01:00 | |
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Why Does Bitcoin Officially Becoming Legal Tender In El Salvador Matter?
Despite a small country living on a bitcoin standard, the first step is always the hardest, and a domino effect might bring bigger players to the game. дальше »
2021-8-18 21:32 | |
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Ripple Opposes SEC’s Request To Access Employee Slack Messages
Ripple has pushed back the US Securities and Exchange Commission's request to access more than one million Slack messages shared by its employees. Ripple Wants SEC Motion To Be Denied The legal team representing Ripple penned a letter to Magistrate Judge Sarah Netburn describing the SEC's request as burdensome and highly disproportionate. дальше »
2021-8-18 20:13 | |
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Regulations Are a Sign of Maturity Says tZERO Chief of Legal
BeinCrypto spoke to Alan Konevsky, Chief of Legal at tZERO to talk about regulations for cryptocurrencies, especially as the space "grows up." The post Regulations Are a Sign of Maturity Says tZERO Chief of Legal appeared first on BeInCrypto. дальше »
2021-8-17 18:00 | |
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Crypto Tax in Infrastructure Bill Shows Maturity But It Needs Fixes Says tZERO Chief of Legal
BeinCrypto spoke to Alan Konevsky, Chief of Legal at tZERO to talk about regulations for cryptocurrencies, especially as the space "grows up." The post Crypto Tax in Infrastructure Bill Shows Maturity But It Needs Fixes Says tZERO Chief of Legal appeared first on BeInCrypto. дальше »
2021-8-18 18:00 | |
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Top Credit Rating Agency, Fitch Ratings, Questions El Salvador’s Bitcoin Adoption
According to credit rating agency Fitch Ratings, El Salvador's adoption of Bitcoin as a legal tender may come to have unintended consequences. Bitcoin Adoption Could Lead To Negative Credit Rating President Nayib Bukele’s decision to grant benchmark cryptocurrency Bitcoin a legal tender status a few months ago came amid global applause from enthusiasts of the […] The post Top Credit Rating Agency, Fitch Ratings, Questions El Salvador’s Bitcoin Adoption first appeared on BitcoinExchangeGuide. дальше »
2021-8-17 17:05 | |
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How to buy crypto (BTC, XRP etc) in Hawaii [2021]? Is crypto banned in Hawaii?
Buy Bitcoins In Hawaii Buying Bitcoin in Hawaii is possible, legal, but slightly less diverse in terms of available exchanges. This is due to strict regulations in place that make it difficult and impractical for exchanges to obtain licences. дальше »
2021-8-16 14:57 | |
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El Salvador’s Bitcoin Adoption Paves The Way For Emerging Economies
It’s clear that adopting bitcoin as legal tender can help El Salvador in many ways. But it can light the path for other countries as well. дальше »
2021-8-11 23:15 | |
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Crypto Fraud and Asset Recovery Legal Community Launches in the UK
A new community formed by legal industry professionals in the UK targets widespread education on crypto dispute-related cases. The post Crypto Fraud and Asset Recovery Legal Community Launches in the UK appeared first on BeInCrypto. дальше »
2021-8-9 14:01 | |
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Yearn’s Builder-First Legal Activism DAO Gets Full Support as Crypto Regulation Heats Up
While the crypto community fights against the controversial bipartisan infrastructure bill that overreaches in its definition of the term “broker” in regards to crypto tax provision, popular decentralized finance project Yearn proposed funding a builder-first legal activism decentralized autonomous organization (DAO). дальше »
2021-8-9 03:13 | |
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Ukraine: New bill might soon make it 'quite legal to pay with cryptos'
While many countries are trying to ban cryptocurrencies due to economic concerns, Ukraine has taken a positive step towards legalizing cryptocurrencies. According to the Deputy Minister of Ukraine's MThe post Ukraine: New bill might soon make it 'quite legal to pay with cryptos' appeared first on AMBCrypto. дальше »
2021-8-8 03:30 | |
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Ukraine Proposes Bill To Enable Use Of Cryptocurrency For Payments
Ukraine, one of the world’s most active cryptocurrency nations, is striving to become the utopia jurisdiction for businesses. Legislators in the country are working on a package of bills that would essentially integrate cryptocurrency into its legal and financial system. дальше »
2021-8-7 23:42 | |
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Global Esports Federation Makes Flare Networks Its Global Partner in Unifying Blockchain Tech and Esports
The Global Esports Federation and Flare Networks have entered into a new global partnership to bring together blockchain and dynamic esports communities worldwide. Adrian F. Lismore, GEF (Global Esports Federation) Board Member and Chair of Finance, Legal and Administration Commission said they are excited to launch the partnership. One of GEF’s core values is the […] дальше »
2021-8-7 18:36 | |
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Fed Governor: USD Pegged Stablecoins “Broaden The Reach Of US Monetary Policy Rather Than Diminish It”
While stablecoins could serve as an attractive payment instrument that could become a major challenger to banks for processing payments, Christopher J. Waller believes, “there are many legal, regulatory, and policy issues that need to be resolved before they can safely proliferate. дальше »
2021-8-7 16:09 | |
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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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SEC Faces A Brutal Ripple Reckoning With Federal Judge Granting Brad Garlinghouse’s Request For Binance Documents
Fintech startup Ripple has notched another win this week in its endless legal showdown with the United States Securities and Exchange Commission (SEC). As ZyCrypto reported on Tuesday, the lawsuit between the SEC and Ripple now involves the world’s largest cryptocurrency exchange by volume, Binance. дальше »
2021-8-5 14:02 | |
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Юристы экс-разработчика Monero Рикардо Спаньи объяснили его арест неявкой в суд
Задержание бывшего ведущего разработчика Monero Рикардо «Fluffypony» Спаньи «необоснованно». Такую оценку произошедшему дал представляющий его интересы юрист Дункан Оукс. Riccardo Spagni @fluffypony South African counsel legal statement:https://t. дальше »
2021-8-5 11:45 | |
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Ripple Chief Brad Garlinghouse Requests For Documents From Binance In Suit Over XRP
The legal team defending Ripple CEO Brad Garlinghouse wants Binance’s documents in the ongoing case with the US Securities and Exchange Commission (SEC), according to a motion submitted in the Southern District of New York on August 2. дальше »
2021-8-3 16:26 | |
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Bank of America Highlights Key Benefits of El Salvador’s Bitcoin (BTC) Embrace
One of the largest banks in the US, Bank of America recently came out in public support of El Salvador’s move to make bitcoin legal tender by making a case of the development’s benefits. Bitcoin Adoption Offers Key Opportunities to El Salvador On Sunday, August 1, El Salvador President, Nayeb Bukele posted a tweet describingRead More дальше »
2021-8-2 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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Ripple launches ODL in Japan despite low liquidity
Ripple might be stuck in a legal battle with the United States Securities and Exchange Commission [SEC], but that doesn't mean progress is slowing down. The firm announced the launch of RippleNet's fiThe post Ripple launches ODL in Japan despite low liquidity appeared first on AMBCrypto. дальше »
2021-7-28 14:00 | |
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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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Protests Erupt In El Salvador Over The Government’s Bitcoin Law
After garnering the approval of a supermajority in parliament, El Salvador enacted its Bitcoin Law, essentially becoming the world’s first country to adopt bitcoin as legal tender. The Bitcoin Law was passed just hours after President Nayib Bukele first revealed his intentions to introduce it. дальше »
2021-7-25 20:18 | |
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EL Salvadorians Go On The Streets In Protest Against Adoption Of Bitcoin As Legal Tender
Despite a three-month restriction on protests, a group of El Salvadorians comprised of leftist unions, student organisations, and others gathered at the Legislative Assembly to denounce the country’s acceptance of Bitcoin as its official currency. дальше »
2021-7-24 02:03 | |
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India to Introduce ‘Digital Rupee’ In Wholesale and Retail Segments
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 […] дальше »
2021-7-25 21:27 | |
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Indi to Introduce ‘Digital Rupee’ In Wholesale and Retail Segments
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 […] дальше »
2021-7-24 21:27 | |
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Report Reveals El Salvador Plans For Issuing A Stablecoin
El Salvador recently became the first country to adopt Bitcoin as a legal tender in financial transactions, and now it plans to issue a stablecoin. The President, who calls himself “the coolest president in the world,” took the first step to equip his citizens with a digital means of paying for goods & services. дальше »
2021-7-24 21:24 | |
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Nonfungible tokens from a legal perspective
Nonfungible tokens under the juridical and legal perspective are still in evolution, and there are more questions than answers.
дальше »2021-7-25 16:17 | |
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The people of El Salvador are protesting against Bitcoin bill
President Nayib Bukele’s bill that granted Bitcoin (BTC) a legal tender status in El Salvador is yet to be enforced in September but after the country’s distrust of the new legislation became apparent through opinion surveys, Salvadorans started voicing their disapproval in the streets. дальше »
2021-7-23 05:00 | |
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SEC Chairman Gensler Says Some Stablecoins Could Qualify as Securities
Newly-appointed SEC Chief hints some stablecoins could fall under the legal definition of securities. Gensler Says Stablecoins Could Be Securities U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler recently went on record saying that digital currencies whose price are pegged to traditional securities might fall under the securities laws. The SEC Chair made theRead More дальше »
2021-7-22 04:00 | |
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Applying Travel Rule to Crypto, EU Proposes Prohibition of Anonymous Cryptocurrency Transactions and Wallets
The European Union says ensuring “full traceability of crypto-asset transfers” would help the crypto-asset industry develop in the region “as it will benefit from an updated, harmonised legal framework across the EU. дальше »
2021-7-20 19:53 | |
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