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El Salvador creates history after buying 400 Bitcoin (BTC)
El Salvador’s President Nayib Bukele has revealed that the Central American country has successfully purchased 200 units of Bitcoin in a tweet on Monday. The post El Salvador creates history after buying 400 Bitcoin (BTC) appeared first on CryptoSlate. дальше »
2021-9-7 09:00 | |
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Australian Neo-bank Volt Partners With Crypto Exchange In A First-of-Its-Kind Deal In The Country
Australian neo-bank Volt has partnered with BTC Markets (BTCM) to provide the cryptocurrency exchange with banking capabilities. BTCM, which has around 325,000 Australian customers, will now be able to offer its users access to a corporate cash management account with real-time notifications and payment automation. дальше »
2021-9-6 16:45 | |
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El Salvador gets a $150 million Bitcoin Trust while BTC breaks $50,000
El Salvador’s Legislative Assembly agreed earlier this week to create a $150 million Bitcoin Trust, intended to facilitate conversions from Bitcoin (BTC) to US dollars, while bolstering the development of crypto infrastructure and services across the country. дальше »
2021-9-2 13:00 | |
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El Salvador Authorities Greenlight $150 Million Bitcoin Integration Fund
Salvadoran lawmakers have approved a bill aimed at setting up a $150 million fund that would facilitate the country’s bitcoin (BTC) integration project. A total of 64 Salvadoran Congressmen voted in favor of the bill while 14 members opposed it, according to a Reuters report on August 31, 2021. El Salvador Sets Aside $150 mIllionRead More дальше »
2021-9-1 19:00 | |
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IMF releases Bitcoin (BTC) ‘risk’ warning… again
Bitcoin (BTC), the world’s largest cryptocurrency, is getting adopted as a legal tender in El Salvador in eight days but as the Central American country goes through its final days of preparation, being eagerly observed by other countries, some of which are considering to follow in its footsteps, the International Monetary Fund (IMF) refreshes its […] The post IMF releases Bitcoin (BTC) ‘risk’ warning… again appeared first on CryptoSlate. дальше »
2021-8-31 07:00 | |
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200 Bitcoin ATMs installed in El Salvador ahead of legal tender adoption
El Salvador began installing crypto ATMs as the country enters the last two weeks of preparation for the big day when Bitcoin (BTC) will claim its legal tender status. The post 200 Bitcoin ATMs installed in El Salvador ahead of legal tender adoption appeared first on CryptoSlate. дальше »
2021-8-25 04:00 | |
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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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Argentine President Hints at Possible Bitcoin (BTC) Adoption
Argentina may be nursing plans to adopt bitcoin (BTC) and other cryptocurrencies if the latest comments by President Alberto Fernandez is anything to go by. Hyperinflation has ravaged the country’s economy over the years and Fernandez has hinted that he’s cautiously amenable to crypto. дальше »
2021-8-13 13:00 | |
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Nigeria moved $40 million via peer-to-peer Bitcoin (BTC) trades last month
Data on Bitcoin peer-to-peer trading has shown that nearly $40 million worth of the leading digital asset was moved in the last 30 days by Nigerian Bitcoin users This figure is in line with those the African country had recorded since her government banned financial institutions from providing their services for crypto transactions. дальше »
2021-8-7 16:16 | |
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Nigerians Move Almost $40 Million In P2P Bitcoin Trading In A Month
Bitcoin trading has always seen high adoption in countries with currencies that are depreciating fast. The West African country of Nigeria has always been at the forefront of BTC adoption in the region. дальше »
2021-8-7 20:00 | |
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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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Thousands of illegal Bitcoin mining rigs destroyed in Malaysia
A recent report reveals that Malaysian authorities are sweeping out illegal Bitcoin miners in the country. According to the report, 297 Bitcoin machines have already been seized. The authorities also raided multiple premises involved in the stealing of power to mine Bitcoin (BTC/USD). дальше »
2021-7-18 16:27 | |
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Anhui Becomes The Sixth Chinese Province To Clamp Down On Bitcoin Mining
To say 2021 has been a rough year for Chinese crypto miners would be a big understatement. The country’s increased crackdown on crypto mining has essentially paralyzed an industry that accounts for more than 50% of global BTC production. дальше »
2021-7-15 22:52 | |
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China’s Anhui province begins its clampdown on Bitcoin (BTC) mining
Eastern China’s Anhui province became the latest regional county to ban Bitcoin mining in the country, weeks after the government unleashed a harsh plan to stamp out the activity in the nation, reported news outlet Reuters this morning. дальше »
2021-7-15 19:00 | |
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Paraguay’s Proposed Crypto Legislation May Be Counterproductive
Paraguayan lawmakers are set to submit a bill aimed at regulating the country’s cryptospace and make it mandatory for bitcoin (BTC) linked businesses to register with the Undersecretariat of State Taxation, according to reports on July 14, 2021. дальше »
2021-7-15 19:00 | |
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Indian Banking Giant ICICI Restricts Customers from Using Remittance for Crypto Investments
Since the inception of Bitcoin (BTC), India’s attitude on cryptocurrency adoption has been a grey area. In what appears to be yet another setback for the Indian crypto community, one of the country’s largest financial institutions, ICICI Bank, has issued a warning to customers not to use its remittance services to invest in any kindRead More дальше »
2021-7-14 23:01 | |
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Paraguayan Lawmaker to Introduce Bitcoin Legislation Bill Next Week
After El Salvador, Paraguay could be the next nation to adopt the bitcoin standard. Bitcoin Regulation Legislation to Be Introduced In a tweet shared today, Paraguayan lawmaker Carlitos Rejala said he was working with Senator Fernando Silva Facetti to introduce legislation focused on bitcoin (BTC) regulation in the country. I am here to unite ParaguayRead More дальше »
2021-7-10 14:00 | |
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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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“Top” Bitcoin Miner Predicts Bleak Crypto Future In China
The founder of Bitcoin mining pool BTC. TOP, Jiang Zhuoer, has made another prediction on the future of this sector in China. Large BTC mining operations have been forced out of the country, as the Asian Giant crackdowns on the industry. дальше »
2021-7-6 20:44 | |
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Mexico Reiterates its Crypto Warning, says Financial Institutions Are Not Authorized to Deal with Virtual Assets
This warning came after Mexico billionaire Ricardo Salinas Pliego endorsed Bitcoin, saying his banking business Banco Azteca may begin using BTC and become the first bank in the country to start accepting the cryptocurrency. дальше »
2021-6-29 16:17 | |
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Mexican billionaire seeks to launch the country’s first BTC-accepting bank
Pro-crypto Mexican billionaire, Ricardo Salinas Pliego, is looking to launch the first Bitcoin-accepting bank in Mexico. Salinas unveiled this bullish news through a tweet on June 27, noting that he hopes to achieve this feat by integrating BTC services into Banco Azteca, a leading Mexican bank, which he founded 19 years ago. дальше »
2021-6-28 14:47 | |
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El Salvador's banks have this to lose thanks to country's Bitcoin adoption
Earlier this month, El Salvador became the first country to adopt Bitcoin as legal tender, passing a bill to this effect. What's more, El Salvador now is going as far as airdropping $30 worth of BTC tThe post El Salvador's banks have this to lose thanks to country's Bitcoin adoption appeared first on AMBCrypto. дальше »
2021-6-26 03:30 | |
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Every Adult Citizen In El Salvador To Receive $30 Worth of Bitcoin From The Government
El Salvador is planning to airdrop $30 in bitcoin to its citizens, the country’s president, Nayib Bukele, announced during a national address on Thursday. El Salvador To Airdrop BTC During his address, Bukele unveiled a bitcoin e-wallet dubbed Chivo — a slang word that means cool in Spanish — that will be preloaded with free […] дальше »
2021-6-25 16:52 | |
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4.5 million people will receive $30 Bitcoin ‘airdrop’ in El Salvador, President says
4.5 million adult citizens will receive an airdrop of $30 Bitcoin (BTC) each from the government of El Salvador, the country’s President, Nayib Bukele has announced. The post 4.5 million people will receive $30 Bitcoin ‘airdrop’ in El Salvador, President says appeared first on CryptoSlate. дальше »
2021-6-25 15:46 | |
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El Salvador President responds to critics, says Bitcoin plan is ‘bulletproof’
After becoming the first country to usher Bitcoin (BTC/USD) as legal tender, El Salvador is making consistent and unapologetic efforts in the direction of full adoption. According to President Nayib Bukele, the risks are minimal and the move is a giant step forward for humankind, Reuters reported. дальше »
2021-6-24 17:56 | |
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El Salvador Progresses With Volcano-Powered Bitcoin Mining Plan
The El Salvadoran government seems to be pushing ahead with its plans for bitcoin mining in the country, which would see the use of geothermal energy to power BTC mining activities in the country. Geothermal Energy for Bitcoin Mining Still in Place El Salvador President Nayib Bukele in a tweet on Wednesday (June 23, 2021),Read More дальше »
2021-6-23 17:00 | |
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Indians could be charged an extra 2% tax on Bitcoin and crypto ‘purchased abroad’
Bitcoin (BTC) and other cryptocurrencies bought from exchanges outside the country could cost Indian investors additional tax, while the tax department is looking into whether crypto falls subject to the 2% equalization levy, reported the Economic Times. дальше »
2021-6-23 07:00 | |
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India considering new 2% tax on all cryptos bought outside of the country
Indian investors looking to buy Bitcoin (BTC/USD) and other cryptocurrencies might have to pay about 2% more if they bought them from exchanges outside India. This is due to an impending equalisation levy, an additional tax imposed on such investments and trades. дальше »
2021-6-23 22:20 | |
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El Salvador’s Opposition Leaders Fight Against Country’s Bitcoin Law
Members of El Salvador’s Farabundo Marti National Liberation (FMLN) have filed a lawsuit challenging the constitutionality of the Bitcoin Law passed by the country’s lawmakers earlier in June. The plaintiff claims El Salvador’s bitcoin (BTC) adoption push is not in the people’s best interest, according to an EL Mundo report on June 21, 2021. OppositionRead More дальше »
2021-6-22 14:00 | |
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China’s crypto crackdown causes CNBC’s Jim Cramer to get rid of his BTC
China seems to have had it with Bitcoin (BTC/USD), and cryptocurrencies in general. The country’s central bank recently started another crypto crackdown, aimed at pushing the Bitcoin miners out of the country. дальше »
2021-6-22 12:29 | |
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China cracks down on crypto mining causing BTC price to go down
China has been working hard on getting Bitcoin miners to leave its country, and the most recent effort to do this took place over this past weekend. The crackdown had greater consequences than just getting the miners out of the country, however. дальше »
2021-6-22 10:53 | |
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The World Bank under fire for refusing to help El Salvador switch to BTC
The World Bank came under fire recently after refusing to help El Salvador transition to adopt Bitcoin (BTC/USD) as legal tender — a decision that was announced only about a week ago by the country’s president. дальше »
2021-6-18 10:32 | |
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Bitcoin Beach Town in El Salvador Bustles With Growth After BTC Becomes Legal Tender
Ever since El Salvador passed a bill that was approved by a supermajority in the Salvadoran Congress legalizing bitcoin as legal tender in the nation, the country has remained in the spotlight. Furthermore, there’s an area in El Salvador called “Bitcoin Beach” with a small group of beach villagers that are attempting to leverage bitcoin […] дальше »
2021-6-17 00:30 | |
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El Salvadorian government discusses paying salaries in Bitcoin (BTC)
Three El Salvadorian government ministries are discussing whether they should allow firms in the country to pay salaries in Bitcoin (BTC/USD). A report unveiled this news on June 15, citing El Salvador’s minister of Labour and Social Welfare, Rolando Castro. дальше »
2021-6-16 14:33 | |
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Why Nigeria Could Be The Next Nation To Embrace Bitcoin
There has been a high level of speculation on the next country that could massively adopt Bitcoin. El Salvador’s new law granting BTC legal tender status has caused excitement, after its approval many politicians and government officials around the globe have shown support for pro-BTC legislation. дальше »
2021-6-16 20:52 | |
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Bitcoin Remittances to El Salvador Surge 300% Ahead of BTC Becoming Legal Tender
Bitcoin remittances to El Salvador jumped more than fourfold in May from the previous year, according to data from blockchain analytics firm Chainalysis. Last week, El Salvador passed a bill making bitcoin legal tender in the country alongside the U. дальше »
2021-6-15 02:00 | |
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IMF stands in the way of El Salvadorian Bitcoin (BTC) adoption
The International Monetary Fund has faulted El Salvador’s decision to accept Bitcoin (BTC/USD) as a legal tender, explaining that there could be legal implications on the country’s decision. дальше »
2021-6-11 12:27 | |
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India retraces steps on the crypto ban – considers regulation
India’s stance on cryptocurrencies has been a serious concern for crypto enthusiasts in the country. The government was initially planning to Bitcoin (BTC/USD) and cryptocurrencies, but it seems the officials are stepping back on their resolve. дальше »
2021-6-10 16:29 | |
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Has Bitcoin (BTC) officially become El Salvador’s currency? Wikipedia thinks so
Earlier this week, El Salvador announce its plans to make Bitcoin (BTC/USD) a legal tender in the country. Now, it seems the country’s congress has made this plan a reality, as Wikipedia listed the cryptocurrency as one of its official currencies. дальше »
2021-6-10 11:49 | |
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Bloomberg Commodity Strategist Mike McGlone Believes Bitcoin Will Surge To $40k
After exploring the likelihood of capitulation in a recent tweet, Bloomberg Intelligence senior commodity strategist Mike McGlone feels bitcoin is “more likely” headed for $40K rather than $20K. El Savador Bitcoin Adoption Will Propel Bitcoin Following El Salvador’s announcement that bitcoin (BTC) is now legal cash in the country, bitcoin markets have increased on Wednesday. […] дальше »
2021-6-10 02:55 | |
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El Salvador President Plans to Mine BTC Using Volcanoes
President Nayib Bukele has announced that the country will be looking at mining BTC through the use of volcanos following the digital asset becoming legal tender in the country. The post El Salvador President Plans to Mine BTC Using Volcanoes appeared first on BeInCrypto. дальше »
2021-6-10 22:15 | |
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Bitcoin Mandate: El Salvador to Accumulate $150 Million in BTC to Facilitate Crypto Transactions
The country has passed the bill to make Bitcoin legal tender with a supermajority and has become the first nation to adopt a cryptocurrency as legal tender. The post Bitcoin Mandate: El Salvador to Accumulate 0 Million in BTC to Facilitate Crypto Transactions first appeared on BitcoinExchangeGuide. дальше »
2021-6-9 15:14 | |
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Paraguay joins the crypto train, says ‘Bitcoin to the moon’
Paraguay is setting an important project in motion this week, hinting at Bitcoin (BTC) and its legal tender status, announced congressmen Carlitos Rejala in a tweet. Only a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it seems Paraguay is going to be the next country racing to legalize […] The post Paraguay joins the crypto train, says ‘Bitcoin to the moon’ appeared first on CryptoSlate. дальше »
2021-6-7 21:00 | |
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Crypto Market Forecast: Week of June 7th 2021
A curated weekly summary of forward-focused crypto news that matters. This week, crypto pulls back as Weibo bans popular crypto accounts, on-chain Bitcoin activity slows down and El Salvador becomes the first country to accept BTC as legal tender. дальше »
2021-6-8 17:00 | |
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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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