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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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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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Historic Moment: El Salvador Set To Become First-Ever Sovereign Nation To Recognize Bitcoin As Legal Tender
El Salvador caused a sensation during the Bitcoin 2021 conference in Miami on Saturday afternoon. The country’s president is poised to introduce a bill that will make it the world’s first country to adopt bitcoin as legal tender alongside the United States dollar. дальше »
2021-6-6 13:27 | |
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El Salvador President Bukele Vows to Make Bitcoin Legal Tender
Nayib Bukele, president of El Salvador, has said he intends to make bitcoin (BTC) legal tender in his country. The post El Salvador President Bukele Vows to Make Bitcoin Legal Tender appeared first on BeInCrypto. дальше »
2021-6-6 13:20 | |
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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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President Of Top Russian Bank Tells Why They Don’t Like Bitcoin
The president of the second-largest bank in Russia, VTB Bank says the institution doesn’t like Bitcoin because it sees it as fake money. To Andrey Kostin, the fact that “someone sits somewhere mining Bitcoin” makes the crypto’s mining operations equal to fake money printing scams. дальше »
2021-6-5 22:02 | |
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Biden Makes Cryptocurrency a Focus of New Anti-Corruption Directive for National Security
Cryptocurrency is a point of focus in President Joe Biden’s new directive aimed at combating corruption as a core national security interest of the U. S. An official of the Biden administration says that major parts of the directive will focus on cryptocurrency and cybercrime. дальше »
2021-6-5 19:30 | |
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Глава ВТБ: Биткоин — фейковая криптовалюта
Глава ВТБ Андрей Костин в интервью Bloomberg заявил, что ему не нравится биткоин и назвал его фейковой валютой, об этом пишет РБК Крипто. "We don't like Bitcoin. We think it's like making fake money," says VTB Bank President Andrey Kostin https://t. дальше »
2021-6-5 14:53 | |
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JPMorgan Posts Crypto-Related Job Openings Signaling Crypto Ambitions
US bank JPMorgan Chase & Co. seems to be making new plans to enter the cryptocurrency scene. The bank’s recent job openings have led to reports of its growing cryptocurrency ambitions. JPMorgan’s Blockchain Jobs Openings for positions like “Cryptocurrency Risk Manager Vice President and Merchant Services-VP, Payments Partnerships (New Payment Methods)” can be seen on […] The post JPMorgan Posts Crypto-Related Job Openings Signaling Crypto Ambitions first appeared on BitcoinExchangeGuide. дальше »
2021-6-3 20:42 | |
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White House Announces Ransomware Combat Plan Following Attack on JBS
Aboard Air Force One, the President's Deputy Press Secretary, Karine Jean-Pierre, briefed the press gaggle on a serious ongoing ransomware attack. The post White House Announces Ransomware Combat Plan Following Attack on JBS appeared first on BeInCrypto. дальше »
2021-6-3 08:32 | |
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Relief Payments Coming? 80 Legislators Press Biden Administration for a Fourth Round of Stimulus
Rumors of a fourth and possible fifth round of direct stimulus checks have become a hot conversation topic this week, as lawmakers are urging the President to act. Over 80 U.S. legislators have sent letters to President Joe Biden and Vice President Kamala Harris asking the administration to push forward direct economic stimulus payments and […] дальше »
2021-6-2 15:30 | |
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Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin
On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy. Bianco said since 2017 he’s owned a basket of crypto assets like ethereum, but he doesn’t hold bitcoin. дальше »
2021-5-30 22:30 | |
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What Biden’s $6 Trillion Budget Could Do To The Struggling Bitcoin Market
$6 Trillion! That’s how much the President of the United States, Joe Biden plans to spend over the next fiscal year, thereby, prepping another mound of debt to be heaped in the pockets of Americans. дальше »
2021-5-30 22:13 | |
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Why The U.S. Treasury Wants Brokers To Provide More Information About Crypto Assets
The United States Department of Treasury has published the “General Explanations of the Administration’s Fiscal Year” as President Joe Biden released his Budget for 2022. In its document, the Treasury claims that tax evasion using crypto assets is a “rapidly growing problem”. дальше »
2021-5-30 21:03 | |
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Precious Metals Pundit Claims The Next Financial Crisis Will Be Caused By Crypto. And This Is Why
Brett Heath, president, CEO, and director at Metalla Royalty & Streaming recently warned that crypto will ignite the next financial meltdown. He argued that the mass adoption of new financial technology has always been preceded by a major financial crisis. дальше »
2021-5-29 23:49 | |
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Treasury Secretary Urges for More Aggressive Spending, President Biden Reveals $6T Spending Plan
While the crypto market is waiting for direction, Janet Yellen calls for more funding to run her agency and improve tax collection, while the proposed budget for the next fiscal year will bring US federal spending to the highest sustained level since World War II. дальше »
2021-5-27 20:21 | |
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White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation
On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U. дальше »
2021-5-28 19:30 | |
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Cryptocurrency Mining Banned in Iran as Blackouts and Power Shortages Intensify
Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the country are facing major power blackouts. дальше »
2021-5-27 18:00 | |
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Ethereum to have long-term bull run, says a Wall Street veteran
President and Macro Strategist at Bianco Research, Jim Bianco, has revealed his thoughts on the present crypto market and what the future holds for assets like Ethereum (ETH/USD). The veteran market forecaster was interviewed on CNBC about his thoughts on the important drivers in the crypto space. дальше »
2021-5-28 14:04 | |
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Iran bans crypto mining – a long period of inactivity ahead for miners
In a bid to cut down on power consumption, Iran’s government has banned the mining of Bitcoin and other cryptocurrencies until the nation’s power issue is resolved. On Wednesday, the country’s president Hassan Rouhani stated that there have been energy-intensity blackouts in some Iranian cities. дальше »
2021-5-28 13:55 | |
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Federal Reserve Bank President Says Most Cryptocurrencies Are Worthless
The president of the Federal Reserve Bank of St. Louis, James Bullard, says that most cryptocurrencies are “worthless. ” He noted that if “cryptocurrency can facilitate transactions that are difficult to make in conventional currencies, then they will have a purpose and might circulate alongside the nation-backed currencies. дальше »
2021-5-27 02:00 | |
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Iran Blaming Bitcoin Mining for Blackouts Yet Again, Bans Crypto Mining for Four Months
Iran is banning the mining of Bitcoin, and other cryptocurrencies over concerns of high levels of energy consumption said President Hassan Rouhani on state TV on Wednesday. The ban is effective immediately and will last until September 22. дальше »
2021-5-27 21:05 | |
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Fed Reserve and Bank of England Chiefs Criticise Crypto
Atlanta Federal Reserve President Raphael Bostic believes the cryptocurrency sector deserves attention, especially now… The post Fed Reserve and Bank of England Chiefs Criticise Crypto appeared first on Coin Journal. дальше »
2021-5-26 14:57 | |
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Nigeria Bureau De Change Association Boss Accuses Speculators of Destabilizing the Naira— Says Central Bank Funding Will End Currency Woes
According to the head of the Nigerian group of bureau de change operators, the naira’s continued fall on the parallel market is down to the activities of speculators. However, Aminu Gwadabe, the president of the Association of Bureau de Change Operators of Nigeria (ABCON), suggests that only a “massive funding” of bureau de change (BDC) […] дальше »
2021-5-22 15:00 | |
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Futu to Add Cryptocurrency Trading in U.S, Singapore and Hong Kong
Futu, one of the leading trading brokerages in China, revealed its plans to offer cryptocurrency trading later this year. In its earnings call earlier this Wednesday, senior vice president Robin Li Xu told analysts that Futu would be applying for digital-currency related licenses in the United States, Singapore, and Hong Kong. Despite these changes, crypto […] дальше »
2021-5-22 02:56 | |
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Futu set to offer crypto services in the US, Singapore, and Hong Kong
Futu Holdings Ltd., a rapidly growing crypto brokerage firm in China, is planning to offer crypto trading to international clients before the end of the year. The company unveiled this news during its Q1 earnings call on May 20, with its Senior Vice President Robin Li Xu, disclosing that the firm has already started applying […] The post Futu set to offer crypto services in the US, Singapore, and Hong Kong appeared first on Invezz. дальше »
2021-5-22 20:18 | |
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Biden’s Administration Unveils Proposed Crypto-Tax Measures
As part of President Joe Biden’s new tax enforcement measure, the US Department of Treasury has introduced legislation to combat tax evasion involving cryptocurrencies. Treasury Proposes Measures To Prevent Crypto-Tax Evasion The U. дальше »
2021-5-21 22:19 | |
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US Treasury Unveils Biden’s Proposed Tax Measures — Cryptocurrency Transfers Over $10,000 to Be Reported to IRS
The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […] дальше »
2021-5-20 20:32 | |
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European Central Bank (ECB) Vice President Shreds Cryptocurrencies Amid Market Crash
Crypto Has Weak Fundamentals Speaking in an interview with Bloomberg TV on Wednesday, Guindos said that this is primarily due to the novel industry's weak fundamentals. “When you have difficulties finding out what are the real fundamentals of an investment, then what you're doing is not a real investment. дальше »
2021-5-20 18:31 | |
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ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals
The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility. ” His comments followed massive sell-offs across a broad range of cryptocurrencies. дальше »
2021-5-20 03:30 | |
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ECB VP Continues to Doubt Validity of Cryptocurrency
European Central Bank’s vice president Luis de Guindos says crypto investments have "weak fundamentals" and are not real assets, as the market loses $750 billion. The post ECB VP Continues to Doubt Validity of Cryptocurrency appeared first on BeInCrypto. дальше »
2021-5-20 00:30 | |
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Federal Reserve Bank Presidents: Cryptocurrency Sell-off Not a Systematic Concern, Does Not Affect Fed Policy
Cryptocurrency sell-off is not a systematic concern for the Fed and does not affect Fed’s policies, two Federal Reserve Bank presidents said Wednesday. “We are all quite aware that crypto can be very volatile,” said the president of the Federal Reserve Bank of St. дальше »
2021-5-19 21:30 | |
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Wells Fargo Unveils New Crypto Strategy For Qualified Clients
Wells Fargo might become the latest banking firm to embrace cryptocurrencies. The bank is set to debut its new cryptocurrency investment strategy in Mid June, according to Business Insider. From Crypto Cynic to Believer The strategy would see qualified investors get some form of Bitcoin exposure, as stated by Darrell Cronk, the president of the […] The post Wells Fargo Unveils New Crypto Strategy For Qualified Clients first appeared on BitcoinExchangeGuide. дальше »
2021-5-20 20:21 | |
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Wells Fargo Gets Into Crypto With Upcoming ‘Professionally Managed’ Cryptocurrency Investment
Wells Fargo will soon offer “a professionally managed solution” for cryptocurrency to clients. “We think the cryptocurrency space has just kind of hit an evolution and maturation of its development that allows it now to be a viable investable asset,” said the president of Wells Fargo Investment Institute. дальше »
2021-5-19 20:00 | |
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Gold Is Trying to Steal the Limelight Back from Bitcoin, Which is Waiting for Direction
Meanwhile, the US dollar is sliding, working on hitting fresh lows for the year, after Dallas Federal Reserve President Robert Kaplan reiterated that he does not expect rates to increase until next year, meaning US monetary policy will remain easy. дальше »
2021-5-18 15:51 | |
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Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX
Crypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the platform is available to bet on the outcome of Brazil’s next presidential election. дальше »
2021-5-17 15:00 | |
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Crypto currently is comparable to the early days of cell phones, Coinbase President says
Crypto needs to be more user-friendly, according to Emilie Choi.
дальше »2021-5-15 19:56 | |
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Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy
Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about the possibility to consider it for future economic plans. Discussions Underway Despite Domestic […] дальше »
2021-5-14 05:00 | |
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Joe Biden’s Trillion-Dollar Stimulus Bill Pushes Miami Mayor to Buy Bitcoin
Miami Mayor Francis Suarez has revealed that he bought bitcoin and ether right after the $1.9 trillion stimulus bill passed the Senate, heading to President Joe Biden’s desk to be signed. He said bitcoin “is definitely going to go up … because I don’t think people are going to want to stay in dollar-denominated currencies.” […] дальше »
2021-5-10 02:00 | |
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