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Ghana's vice president declares Africa should embrace digital currencies
Digital currencies are primed to reinvent trade between African countries.
дальше »2021-7-29 02:01 | |
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US financial regulators voice concerns over Tether and Facebook’s Diem
Tether (USDT/USD) and Facebook’s Diem, formerly Libra, were the main topic in a recent private meeting that discussed the risks stablecoins pose to financial systems. A report citing people familiar with the matter disclosed this news on July 27, noting that the US Treasury Secretary, Janet Yellen, led the meeting, which comprised the President’s Working […] The post US financial regulators voice concerns over Tether and Facebook’s Diem appeared first on Invezz. дальше »
2021-7-29 16:34 | |
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Tether (USDT) and Facebook-Backed Diem Discussed at the Yellen Closed-Door Meeting
Tether and Facebook-backed Diem were the primary topics in the U.S. meeting of regulators recently. According to reports, the meeting was held to address the financial risks posed by stablecoins. More Details About The Concern The President’s Working Group on Financial Markets and a team of watchdogs led by Janet Yellen raised their concerns, citingRead More дальше »
2021-7-29 15:00 | |
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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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Shopify Enters the NFT Scene to Allow Merchants to Sell Them Directly to Customers
Shopify president Harley Finkelstein has announced the launch of non-fungible tokens (NFTs) on its platform. The popular eCommerce site boasts of more than 1. 7 million businesses worldwide, helping boost NFT adoption. дальше »
2021-7-28 16:36 | |
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DeFi, by definition, cannot be fully regulated, Siam Commercial Bank president says
Arak Sutivong believes DeFi requires a framework for long-term and sustainable interactions with traditional finance.
дальше »2021-7-26 13:18 | |
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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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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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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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A “Difficult Time” Ahead for Risk Assets, While Fed Has President Biden’s Blessing to Do ‘Whatever Necessary’ to Support Strong Economy
“The opportunity for bitcoin remains very, very bright,” according to Grayscale CEO, based on who's investing, their size of allocations, and with the conviction, they are doing that. As for tapering, Guggenheim Chairman says the earliest it would start would be March next year. дальше »
2021-7-23 20:39 | |
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Treasury secretary Yellen urges lawmakers to quickly introduce stablecoin guidelines
The President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months. дальше »
2021-7-20 05:55 | |
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Treasury Secretary Janet Yellen Summons Regulators to ‘Discuss Stablecoins’ on Monday
Treasury Secretary Janet Yellen announced her plans this week to convene the President’s Working Group (PWG) on Financial Markets in order to discuss the interagency work on stablecoins that will take place on July 19. дальше »
2021-7-19 04:41 | |
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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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Are El Salvador's 'unconstitutional' Bitcoin plans taking advantage of the pandemic?
Nayib Bukele, the President of El Salvador, recently got himself a pair of laser eyes on his Twitter profile at least. This came after the country's parliament passed Bukele’s proposed legislation oThe post Are El Salvador's 'unconstitutional' Bitcoin plans taking advantage of the pandemic? appeared first on AMBCrypto. дальше »
2021-7-17 03:30 | |
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PayPal bumps up the weekly crypto purchase limit to $100K
Financial services giant PayPal has expanded the limit to the amount of crypto that its users can purchase in a week. The company’s Vice President and General Manager of Blockchain, Crypto, and Digital Assets, Jose Fernandez da Ponte shared this news through a press release on July 15. дальше »
2021-7-16 13:50 | |
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There’s “More Interest in Ether,” says Fidelity Digital Assets President
And they “want to be ahead of that demand,” something also recognized by SkyBridge Capital which has rotated its Bitcoin profits into Ether. Client type is also expanding from hedge funds and family offices previously to now cover retirement advisers and corporations. дальше »
2021-7-14 20:44 | |
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Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’
According to Tom Jessop, president of Fidelity Digital Assets, the company is planning to increase staff by 70% because demand for cryptocurrencies continues to keep the firm busy. Fidelity Digital Assets, the subsidiary of the wealth management firm Fidelity Investments Inc. дальше »
2021-7-13 08:30 | |
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JPMorgan slams Bitcoin (BTC) use case in El Salvador
The debate about the ramifications of El Salvador President Nayib Bukele’s successful push to make Bitcoin (BTC) legal tender continues as the US investment bank and financial services holding company JPMorgan Chase & Co. дальше »
2021-7-13 05:00 | |
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Is Bitcoin On The Verge Of Landing In President Biden’s Bad Books?
The former President of the United States, Donald Trump, had made it very clear where he stood with digital currencies. Clearly, Trump was not a fan of Bitcoin which he had branded “a scam against the US dollars. дальше »
2021-7-13 23:48 | |
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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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Many El Salvadorans Are Skeptical Of Bitcoin Adoption As Legal Tender
According to a poll releaased on Thursday, more than three-quarters of Salvadorans are skeptical of President Nayib Bukele’s quest to recognize bitcoin as an alternative legal tender. El Salvadorans Are Skeptical Of Bitcoin El Salvadorans’ opinions on the government’s bitcoin plan were disclosed in a recent poll, according to Reuters on Thursday. The poll was […] дальше »
2021-7-10 23:51 | |
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Only About 20% of El Salvadorians Approve President Nayib Bukele’s Bitcoin Adoption Plan: Poll
In a poll conducted by pollster Disruptiva, which is affiliated with Francisco Gavidia University, it was found that about 54% of El Salvadorians view Bitcoin adoption as “not at all correct. ” Another 24% described it as “only a little correct,” while about 20% approved of the cryptocurrency plan. дальше »
2021-7-9 16:40 | |
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Israeli Knesset Creates Special NFT for New President Isaac Herzog
Israel’s parliament, the Knesset, has become the first national legislature to release a non-fungible token. The special NFT has been created for the country’s new president, Isaac Herzog, who took office this week after his election in early June. дальше »
2021-7-9 08:30 | |
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Survey finds most El Salvador citizens are skeptical of making BTC legal tender
More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin.
дальше »2021-7-10 07:00 | |
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Israel’s New President Sworn in with an NFT, Ministry of Defense Orders Seizure of Crypto Wallets
The Bank of Israel Deputy Governor is also more concerned about financial stability, citing the rush to cryptos than inflation as such “enough reasons to be patient” with monetary policy and to allow it to be accommodative enough to continue to support the economy. дальше »
2021-7-8 19:28 | |
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Iran’s Vice President Orders Licensed Crypto Miners To Suspend Operations
As Iran’s electricity disruptions continue, the country's Vice President has now charged all Bitcoin miners to stop operations altogether. Electricity Crisis May Continue Until August The Vice President, Eshaq Jahangiri, said that the current electricity situation for Iranians is likely to continue until early August. дальше »
2021-7-8 22:19 | |
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Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. дальше »
2021-7-6 14:30 | |
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Philippine Stock Exchange (PSE) Wants to Facilitate Bitcoin Trading As Soon As Regulation Opens Up
National exchange of the Philippines The Philippine Stock Exchange (PSE) plans to enable crypto trading on its platform. To do this, the exchange needs approval from regulators. PSE Best For Crypto Trades Speaking to CNN Philippines, PSE CEO and President Ramon Monzon said that the exchange would be a suitable platform for crypto trading due […] The post Philippine Stock Exchange (PSE) Wants to Facilitate Bitcoin Trading As Soon As Regulation Opens Up first appeared on BitcoinExchangeGuide. дальше »
2021-7-6 21:25 | |
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News From El Salvador, Early July: Bukele, El Zonte, And The ATM Factory
The Bitcoin train is moving fast in El Salvador. The law that makes it legal tender goes into effect in September, but the first Bitcoin company is already up and running. Also, a member of the US government and Reuters have President Bukele in their minds. дальше »
2021-7-4 14:54 | |
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Kazakhstan Announces New Electricity Surcharges For Crypto Miners
A local news outlet is reporting that Kazakhstan’s President has signed a law that would force cryptocurrency miners to pay additional fees to operate in the country. The post Kazakhstan Announces New Electricity Surcharges For Crypto Miners appeared first on BeInCrypto. дальше »
2021-7-2 21:45 | |
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Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners
Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry. дальше »
2021-7-1 08:30 | |
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Daymak’s First Electric Prototype Car, Spiritus, Begins Mining Both PoW and PoS Cryptocurrencies
“Blockchain technology and cryptocurrency are two of the most disruptive innovations of our time,” said Aldo Baiocchi, President of Daymak, according to whom, while other cars will depreciate in value, Spiritus will “pay for itself while it’s parked. дальше »
2021-6-30 17:17 | |
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El Salvador’s President Slammed For “Tricking” 7 Million Citizens With A $30 Bitcoin Airdrop
The adoption of Bitcoin as a legal tender in El Salvador has been accelerating at a commendable speed. In fact, despite criticism and concerns from many onlookers, things have been working in favor of the country’s decision to make Bitcoin its official currency. дальше »
2021-6-30 22:20 | |
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El Salvador’s Chivo Bitcoin Wallet Not Compulsory for Residents
El Salvador’s President Nayib Bukele took to Twitter on July 28, 2021, to make it clear that Salvadorans will not be compelled to use the country’s “Chivo” Bitcoin wallet. This might be to ensure that users are able to use their crypto any way they want, including participating in crypto casinos such as casino onlineRead More дальше »
2021-6-29 16:00 | |
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Murphy & McGonigle Announces Leadership Transition
Financial services law firm Murphy & McGonigle today announced a leadership transition with the election of Elizabeth Lan Davis, 47, as Chair and President of the... дальше »
2021-6-29 13:57 | |
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President Bukele Clears Up Misconceptions About The Government’s Chivo Wallet
On June 24th, in a national broadcast, President Bukele cleared up misconceptions about El Salvador’s Bitcoin Law and presented the government’s wallet. That created a whole lot of new misconceptions about the app itself, the newly minted Chivo Wallet. дальше »
2021-6-29 13:32 | |
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New York Fed president says crypto poses challenging questions for central banks
John Williams responded to a presentation from Mark Carney, the former head of the Bank of Canada and Bank of England, about the potential for issuing central bank digital currencies. дальше »
2021-6-29 19:00 | |
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Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’
In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on the country’s finance chiefs to prepare for cryptocurrencies. BOT Move […] дальше »
2021-6-28 09:00 | |
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Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins is concerning. дальше »
2021-6-28 00:00 | |
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Americans Now Want To Be Vastly Paid In Bitcoin, Courtesy Of El Salvador. When Will It Happen?
President of El Salvador, Nayib Bukele, in a recent national address revealed that the government would pay all its registered adult citizens $30 in Bitcoin to their digital wallets. Bukele also introduced the official wallet to which the airdrop will happen. дальше »
2021-6-28 23:43 | |
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Tanzania’s Central Bank says It’s Working on President’s Directive to Prepare for Bitcoin Adoption
The central bank of Tanzania said it is working on President Samia Suluhu’s directive to prepare for cryptocurrencies, which could reverse the ban put on digital assets in 2019. The new president came to power in March after the death of her predecessor John Magufuli and is much more open to foreign investment than him. дальше »
2021-6-27 16:58 | |
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El Salvador’s President Nayib Bukele Says Bitcoin Will be Airdropped to its Adult Citizens
After passing the law that declares Bitcoin a legal tender, which goes into effect in September, El Salvador will be giving out $30 in bitcoin to any of its adult citizens that download a specific app and get verified there. дальше »
2021-6-27 16:00 | |
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Tanzania’s Central Bank Working on Reversing Crypto Ban, Following President’s Directive
The Bank of Tanzania said that it is planning on reversing its previous ban placed on cryptocurrency after the Tanzanian President asked the country to prepare for the adoption of crypto. Bank of Tanzania Looks to Lift Crypto Ban According to Reuters on Friday (June 25, 2021), Tanzania’s central bank is working on the directiveRead More дальше »
2021-6-26 15:00 | |
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Bitcoin Could Add Over $9 Trillion To Its Market Valuation, Reckons NYSE’s Former President
Former chairman of the New York Stock Exchange Thomas Farley has stated that Bitcoin could possibly level up with the market cap of gold at $10 trillion in the foreseeable future. Farley, who is the current chairman and CEO of Far Peak Acquisition Corporation made the statement on CNBC’s Squawk Box, explaining that he thinks […] дальше »
2021-6-26 14:50 | |
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