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Bitcoin Adoption: El Salvador’s Ambassador To The US Says America Is Only Concerned About Losing Its Power
El Salvador’s ambassador to the US has stated that America and international organizations are not happy with the country’s decision to adopt Bitcoin as legal tender. The ambassador highlighted the successes of the Bitcoin operation and remains bullish for the future. дальше »
2021-11-28 23:34 | |
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Bank Of England Governor Worried El Salvador Citizens Will Get Hurt By Bitcoin’s Use As Legal Tender
Bank of England Governor Andrew Bailey has expressed concerns about El Salvador making bitcoin its legal tender, considering the risk related to the cryptocurrency. This comes just days after President Nayib Bukele announced plans to build a “Bitcoin City” powered by the Conchagua volcano and funded by Bitcoin bonds. дальше »
2021-11-27 16:04 | |
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BoE’s Governor voices concerns over El Salvador’s BTC adoption
Andrew Bailey, the Governor of the Bank of England (BoE), has found fault with El Salvador’s decision to adopt Bitcoin (BTC/USD) as legal tender. A report unveiled this news on November 25, citing the BoE Governor who spoke after making an appearance at the Cambridge University student union yesterday. дальше »
2021-11-27 02:52 | |
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Bank of England chief expresses concern over El Salvador’s Bitcoin experiment
Speaking at the Cambridge University students union on Thursday, Bank of England Chief Andrew Bailey expressed worry for the citizens of El Salvador following the country’s adoption of Bitcoin as legal tender. дальше »
2021-11-27 02:00 | |
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Bitcoin too volatile to be adopted as legal tender, says BoE chief
The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it.
дальше »2021-11-27 14:44 | |
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Bitcoin Puts El Salvador On The Map As Tourism Sector Booms
El Salvador’s tourism sector has seen a boom in recent weeks following the country’s adoption of Bitcoin as legal tender. The country is considered a top pilgrimage destination for Bitcoiners around the world, given its significance in the ecosystem. дальше »
2021-11-25 13:10 | |
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IMF Issues Fresh Warning To El Salvador Over Bitcoin Adoption But President Bukele Focuses On The Positives
The International Monetary Fund has issued new warnings to El Salvador over its full-scale adoption of Bitcoin as legal tender. The Fund’s report highlighted that El Salvador’s economy has bounced back from the lows of the pandemic and is experiencing a wave of prosperity. дальше »
2021-11-24 12:29 | |
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IMF says Bitcoin Chivo Wallet Could “Increase Growth” But Calls for “Narrowing” BTC Law Due to High Volatility
The IMF has released its concluding statement on El Salvador adopting Bitcoin as legal tender alongside the US dollar. In IMF’s discussion with El Salvador, they covered the regulation and supervision of Bitcoin services providers and e-wallet Chivo, but the latest plans to issue sovereign bonds and use the proceeds to buy Bitcoin and fund […] The post IMF says Bitcoin Chivo Wallet Could “Increase Growth” But Calls for “Narrowing” BTC Law Due to High Volatility first appeared on BitcoinExchangeGuide. дальше »
2021-11-23 18:13 | |
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El Salvador’s dollar debt dives on Bitcoin bond plans
Investors have grown weary of El Salvador’s dollar debts as the country further adopts Bitcoin. Meanwhile, the IMF has recommended that BTC not be used as legal tender. дальше »
2021-11-23 10:42 | |
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El Salvador To Build The First Bitcoin City Using Tokenized Bitcoin Bonds
El Salvador seems to be looking to a future fully integrated with bitcoin. The country which had made history in September as the first sovereign nation to make bitcoin a legal tender has taken another step forward in its adoption of the cryptocurrency. дальше »
2021-11-23 20:00 | |
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El Salvador plans to build a BTC city and raise $1B via a BTC bond
El Salvador, the first country to embrace Bitcoin (BTC) as legal tender, is planning to build a Bitcoin city at the base of Conchagua, a stratovolcano in southeastern El Salvador. Salvadoran President Nayib Bukele disclosed this news during the Latin American Bitcoin and Blockchain Conference on November 20. дальше »
2021-11-23 15:30 | |
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El Salvador Announces World’s First Bitcoin City, Backed By $1B Bitcoin Bonds
El Salvador is currently the only country in which Bitcoin (BTC) is legal tender. This move has witnessed many developments, as well as some pushback. Amid protests, technical glitches, and inevitable market volatility, El Salvador continues to drive BTC adoption. дальше »
2021-11-21 12:00 | |
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'A Bitcoin City' - What next after El Salvador issues $1 billion Bitcoin bond
El Salvador’s move to become the first country to make Bitcoin a legal tender witnessed many developments. Although, it wasn't a smooth sail to reach the shore. It was met with protests and bedevilThe post 'A Bitcoin City' - What next after El Salvador issues $1 billion Bitcoin bond appeared first on AMBCrypto. дальше »
2021-11-21 10:00 | |
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Okcoin exchange predicts increased Bitcoin volatility by year-end
Bitcoin (BTC/USD) has greatly evolved over the years. In its early years, the coin raised a lot of doubt because it was still a new concept, but by 2021, it had gained immense adoption, and it has even been accepted as legal tender. дальше »
2021-11-20 10:26 | |
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Bitcoin as Legal Tender Helps Adoption — But It’s Complicated
El Salvador made history by becoming the first nation in the world to adopt bitcoin as legal tender. However, does this mean other countries should follow in its footsteps? The post Bitcoin as Legal Tender Helps Adoption — But It’s Complicated appeared first on BeInCrypto. дальше »
2021-11-17 16:00 | |
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Bitcoin Lightning Network Capacity Strikes New All-Time High: Factors
The rise of The Lightning Network is one of the most important stories of the year. On its back, El Salvador could adopt Bitcoin as legal tender. Bitcoin Beach’s implementation of The Lightning Network served as a use case that showed that it could be relied on. дальше »
2021-11-17 08:03 | |
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Zimbabwe Could Adopt Bitcoin As Legal Tender Following El Salvador
The adoption of Bitcoin by El Salvador has opened the door for more adoption. However, the first country to achieve it didn’t find it easy. There were lots of doubts and criticisms targeting El Salvadorian President Nayib Bukele. дальше »
2021-11-15 19:00 | |
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Crypto Payments Steal the Limelight as Brazil MP Files a Bid to Legalize BTC, AMC Considers SHIB, and CoinsPaid Registers a 400% Rise in Volume
Cryptocurrency payments haven’t garnered as much media attention as NFTs or DeFi – until now. As major players like MasterCard and AMC expand their crypto support and more governments consider making crypto legal tender, leading processing companies such as CoinsPaid are reporting record increases in transaction volumes. дальше »
2021-11-15 10:30 | |
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Zimbabwe Says It Won’t Adopt Bitcoin as Legal Tender — But That’s Not Surprising
The government of Zimbabwe dismissed reports that it was planning to adopt bitcoin as legal tender. Many critics following the developments say this doesn't come as a surprise. The post Zimbabwe Says It Won’t Adopt Bitcoin as Legal Tender — But That’s Not Surprising appeared first on BeInCrypto. дальше »
2021-11-10 12:27 | |
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Zimbabwe Looks Towards A Future With Bitcoin As It Seeks Guidance For BTC Payments
A lot of countries have been looking to follow in El Salvador’s footsteps since the country officially implemented bitcoin as a legal tender. Most of these countries have however been from the same region as El Salvador in Latin America. дальше »
2021-11-10 02:00 | |
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Zimbabwe Mulls Making Crypto Legal Tender
The government of Zimbabwe is nursing serious plans to make bitcoin (BTC) a legal tender. Per a report on November 7, 2021, by local news publication, Bulawayo 24 News, Zimbabwean authorities are now in talks with various stakeholders to find out the potential benefits of cryptocurrencies to the nation’s economy. Zimbabwe Eyes Bitcoin Adoption AsRead More дальше »
2021-11-9 22:00 | |
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Zimbabwe may be the next country to embrace Bitcoin as legal tender
Zimbabwe is currently engaged in consultations regarding growing interest in crypto and the potential risks.
дальше »2021-11-8 14:34 | |
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Bank of Canada's Governor hits out at 'not a digital currency' Bitcoin
Canada has been fairly proactive in its treatment of digital, virtual, and cryptocurrencies. Cryptocurrencies are not legal tender here. However, one can buy goods and services online or in stores. дальше »
2021-11-8 09:42 | |
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Lithosphere Blockchain to Partner with Central Bank of Brazil to Launch Digital Real CBDC Trial, Launches Lithosphere (LITHO) IEO
Brazil is the latest country to look at digital currency as legal tender. The Lithosphere cryptocurrency platform developed by KaJ Labs, a Seattle blockchain firm, initiated discussions with... дальше »
2021-11-4 15:09 | |
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JP Morgan Masterminds Build World’s First & Only Scalable PoW Blockchain
The blockchain revolution is only just getting started. More and more companies around the world are adopting cryptocurrency as payment. El Salvador just rolled out Bitcoin as legal tender, and AMC now accepts several cryptocurrencies as payment for movie tickets. дальше »
2021-10-22 08:00 | |
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Nayib Bukele Responds To Steve Hanke Sarcastically As Bitcoin Price Shoots
The price of Bitcoin has always been in a swinging motion that can surge or dip without notification. This confirms the volatile nature of cryptocurrency. El Salvador is one of the countries that has legally adopted BTC as legal tender. дальше »
2021-10-21 00:00 | |
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How developments in El Salvador impact Bitcoin's path to an ATH
Bitcoin officially became legal tender in El Salvador on September 7, this year making it the first country to adopt the currency. While the move pushed Bitcoin and the larger crypto market’s narratThe post How developments in El Salvador impact Bitcoin's path to an ATH appeared first on AMBCrypto. дальше »
2021-10-19 04:30 | |
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ATM data shows Salvadorans interest in Bitcoin (BTC) is rising
A little over a month after El Salvador legitimized Bitcoin as a legal tender within its jurisdiction, and with the value of the flagship asset touching new heights during the weekend, indications have emerged that interest in it has surged drastically in the Central American country. дальше »
2021-10-19 22:00 | |
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El Salvador’s President Bukele Reveals National Demand for BTC Outweighs USD
As the latest in a long series of news being distributed by the El Salvadorean government following its induction of bitcoin as a form of legal tender, the country’s President Nayib Bukele has published a tweet containing two supposed “facts” regarding the country’s ‘Chivo’ project. дальше »
2021-10-18 15:30 | |
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Bitcoin Crosses $60k, Prompting El Salvador’s Bukele To Drop An Epic Response To Steve Hanke’s Criticism
Since announcing plans to adopt Bitcoin as legal tender through to the present time when the law is in full swing in the country, President of El Salvador Nayib Bukele has received a lot of support from cryptocurrency proponents, and just as many criticisms from skeptics. дальше »
2021-10-17 21:13 | |
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Mexican President Says No Plans to Adopt Bitcoin (BTC) as Legal Tender
The Mexican president has cleared the air around bitcoin saying the country is not interested in adopting BTC as legal tender. Mexico Not Keen on Making BTC Legal Tender Mexico’s President Andres Manuel Lopez Obrador in a press conference on October 14 said the country is not interested in adopting bitcoin as legal tender. AtRead More дальше »
2021-10-15 19:00 | |
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Mexico's President evades calls to incorporate Bitcoin as legal tender
El Salvador's decision to adopt Bitcoin as legal tender has set off a wave of political excitement across Latin America. However, according to Mexico's President, the country will be rejecting any ideThe post Mexico's President evades calls to incorporate Bitcoin as legal tender appeared first on AMBCrypto. дальше »
2021-10-15 11:30 | |
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Bank Of Spain Pokes Several Holes In El Salvador’s Bitcoin Adoption
Spain’s apex bank criticizes El Salvador’s method of adopting bitcoin as legal tender. It cites the lack of transparency as a major flaw in the process which could prove fatal to the cause. El Salvador has been hit with a slew of criticisms but has managed to notch its list of positives. The Bank of […] дальше »
2021-10-15 22:56 | |
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Mexico's president rules out accepting crypto as legal tender
The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject. дальше »
2021-10-15 22:15 | |
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Almost twice as many Salvadorians have a Bitcoin wallet than a bank account
In just over a month since Bitcoin became legal tender in El Salvador, almost twice as many Salvadorians have a Chivo wallet than a bank account. The post Almost twice as many Salvadorians have a Bitcoin wallet than a bank account appeared first on CryptoSlate. дальше »
2021-10-12 01:00 | |
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Afghans Embrace Crypto as Fiat Currency Plunges and Banks Severely Limit Withdrawals
The adoption of cryptocurrencies is growing rapidly around the world, especially in developing countries. Last month, El Salvador became the world’s first nation to adopt Bitcoin as legal tender alongside the US dollar. дальше »
2021-10-12 18:02 | |
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BitMEX CEO predicts Bitcoin will be legal tender in five countries by 2022
Developing economies are more affected by issues related to remittances and inflation, BitMEX’s CEO said.
дальше »2021-10-11 15:16 | |
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Economist Steve Hanke says BTC adoption is a nightmare for El Salvador
Steve Hanke, a renowned economist and a vocal Bitcoin (BTC/USD) and crypto critic, claims BTC adoption has been troublesome for El Salvador, which recently embraced the digital asset as legal tender. дальше »
2021-10-11 14:52 | |
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Economist Steve Hanke Explains How Bitcoin Adoption Conjures A Nightmare For El Salvador’s Economy
Prominent American economist Steve Hanke has been criticizing El Salvador’s bitcoin gambit ever since it was publicly revealed. Hanke doesn’t believe the adoption of bitcoin as legal tender is a good idea for El Salvador. дальше »
2021-10-12 14:45 | |
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Bullish Week: Overwhelming Bitcoin Buying Sends OI to May Level While Net Dollar Longs Are Surging
Traders are net-long on the US dollar for 12 straight weeks thanks to the Fed suggesting a possible tapering next month. Meanwhile, bitcoin adoption as legal tender is expected to grow even more strongly in the coming years. дальше »
2021-10-10 16:42 | |
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Bitcoin is 'suboptimal,' but what about ADA as a national currency
The Latin American nation of El Salvador made headlines worldwide last month when it became the first country ever to officially recognize Bitcoin as legal tender. While both critics and proponents reThe post Bitcoin is 'suboptimal,' but what about ADA as a national currency appeared first on AMBCrypto. дальше »
2021-10-8 18:00 | |
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Russia's financial watchdog suggests legal restriction on cryptos for this reason
Russia seems to be a long way from accepting any cryptocurrency as legal tender. Moscow partially regulated coins and tokens with the law dubbed “On Digital Financial Assets” became legally valid The post Russia's financial watchdog suggests legal restriction on cryptos for this reason appeared first on AMBCrypto. дальше »
2021-10-8 01:30 | |
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