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El Salvador’s Bitcoin Bill Is Now Two Years Old, How Has The Country Fared Since Then?
On June 5, 2021, El Salvador made waves across the financial space when its bill to make Bitcoin a legal tender in the country was first made public. Since then, the North American country has gone on to completely implement BTC as a legal tender in the country, as well as invest a significant amount […] дальше »
2023-6-7 02:00 | |
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Binance announces exit from Canada
Binance says new guidance on stablecoins has made it untenable to continue operating in the country. New rules required exchanges to seek approval before allowing their customers to buy or deposit stablecoins. дальше »
2023-5-13 00:13 | |
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Italy Introduces a 26% Tax on Cryptocurrency
Italy has recently become the latest country to introduce a tax on cryptocurrency transactions. Under new legislation passed by the Italian government, a 26% tax will be levied on gains made from cryptocurrency investments. дальше »
2023-5-4 00:29 | |
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French regulator launched a simplified licensing regime for crypto companies
The French regulatory body AMF has launched accelerated registration for the current operators of digital currencies in the country. This decision was made after the approval of the European Union Law on Crypto Asset Markets (MiCa). дальше »
2023-4-24 13:17 | |
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Chiliz expands into this country: What's next for CHZ
Chiliz made regulatory headway in Spain, paving the way for the exploration of more utility. CHZ struggled to sum up enough volumes for an exit from its current range. The Chiliz [CHZ] netwoThe post Chiliz expands into this country: What's next for CHZ appeared first on AMBCrypto. дальше »
2023-4-1 12:30 | |
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Binance’s CZ refutes report claiming company has been hiding China ties
Binance CEO Changpeng ‘CZ’ Zhao said the inherent transparency of blockchain technology is sufficient evidence to disprove false claims in “traditional media writing. ” CZ made the tweet after media reports alleging Binance hid its presence and links to China and did not leave the country in 2017 despite claiming to do so. дальше »
2023-3-30 21:06 | |
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Australian Executives Warn Against Classifying Crypto As Financial Products
Australian crypto executives have issued warnings regarding classifying all cryptocurrencies as financial products under the law. This stance was taken after Stephen Jones, Assistant Treasurer and Minister of Financial Services, made a specific comment about the country’s regulatory framework on digital assets in an interview with the Sydney Morning Herald on January 22. According to […] дальше »
2023-1-24 17:00 | |
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Why Bank Of France Is Calling For A Stringent Crypto Licensing
Following the trend of global jurisdictions to amend crypto regulations, France’s central bank governor highlights the urgent need for stringent crypto regulations in the country. While expressing his thoughts in a speech he made in Paris on January 5, the governor of the Bank of France, Francois Villeroy de Galhau, pointed toward the ongoing market […] дальше »
2023-1-9 15:26 | |
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State Bank of Vietnam (SBV) notes progress made in driving cashless payments
The State Bank of Vietnam (SBV) notes that significant progress has been made in recent years to stimulate the growth of cashless payments in rural and inaccessible areas of the country. дальше »
2022-12-29 15:10 | |
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The Bitcoin Revolution in El Salvador Has Failed
More than a year has passed since El Salvador made history by becoming the first country in the world to make bitcoin a legal means of payment. According to a number of experts, the results are disappointing: little has changed in the country, except that El Salvador is now much better known in the world, […] Сообщение The Bitcoin Revolution in El Salvador Has Failed появились сначала на Coinstelegram. дальше »
2022-11-5 22:42 | |
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South Korean Authorities Indict 86 individuals in Crypto Crime
South Korea has once again made an indictment connected to a crypto-related crime. This time around, the crime involves drug offenders. Authorities are looking to purge the country of crypto crimes, and this latest indictment is a step closer to their goal. дальше »
2022-9-10 15:55 | |
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First Crypto-Based Import by Iran Raises Concerns Over Sanction Evasion
Iran has made its first official import order using cryptocurrency this week, a step that could allow the country to bypass U.S. sanctions. The post First Crypto-Based Import by Iran Raises Concerns Over Sanction Evasion appeared first on BeInCrypto. дальше »
2022-8-9 16:00 | |
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Thailand’s Oldest Bank Stalling on Acquisition of Crypto Exchange
Thailand’s oldest bank is taking its time to consider the agreement it made to purchase the country’s largest cryptocurrency exchange last year. The post Thailand’s Oldest Bank Stalling on Acquisition of Crypto Exchange appeared first on BeInCrypto. дальше »
2022-7-16 22:15 | |
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BoE: Without Proper Regulation, Crypto Assets Are At Major Risk
The Bank of England, in a report, has made claims that the sharp volatility of crypto assets gives the asset class the potential to pose a “systemic risk” to financial stability within the country. дальше »
2022-7-15 17:09 | |
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Is Bitcoin really cheap at $19,000? Assessing if it could go further down
El Salvador's president Nayib Bukele announced on 1 July that his country added 80 Bitcoin [BTC] to its balance sheet. He also noted that the purchase was made at $19,000 per BTC, a price level that hThe post Is Bitcoin really cheap at $19,000? Assessing if it could go further down appeared first on AMBCrypto. дальше »
2022-7-2 04:30 | |
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Colombia Launches National Land Registry on XRPL, How Ripple Made It Happen
Blockchain development company Peersyst worked with Ripple in the implementation of the Colombian National Land Registry on top of the XRP Ledger (XRPL). Part of a national initiative to improve the country’s blockchain capabilities, the announcement was made by high-ranking government officials. дальше »
2022-7-2 18:01 | |
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US Lawmakers Are Making Moves To Ban China’s Digital Yuan From App Stores In The Country With New Bill
A trio of Republican lawmakers are making a move to limit the use of the digital yuan in American cyberspace. The lawmakers argue that the digital yuan could be used to spy on American citizens. While the US has stalled in its CBDC development, China has made significant strides with its digital yuan. China’s digital […] дальше »
2022-5-31 16:08 | |
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Panama’s President Will Not Regulate Crypto Usage; Here’s Why
President of Panama, Laurentino Cortizo has made public the country’s stance on crypto. Cortizo has outrightly rejected crypto legislation until adequate checks are put in place to monitor fraud. дальше »
2022-5-21 17:21 | |
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44 Countries Set To Meet El Salvador To Discuss Bitcoin, Here’s What We Know
Before El Salvador had made Bitcoin a legal tender, it was a relatively unknown small North American country. The decision to make bitcoin legal tender alongside the U. S. dollar had given it overnight fame and the world watched on to see how this will affect its economy. дальше »
2022-5-17 20:00 | |
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Report: Crypto millionaires flock to El Salvador to invest in the Bitcoin City project
Crypto millionaires have been queuing to visit El Salvador, the only country that has made Bitcoin (BTC) legal tender thus far. The post Report: Crypto millionaires flock to El Salvador to invest in the Bitcoin City project appeared first on CryptoSlate. дальше »
2022-4-22 08:00 | |
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President Bukele cancels Bitcoin Miami speaking slot due to “unforeseen circumstances”
El Salvador’s President Bukele, who made history at Bitcoin Miami 2021 by revealing his plan to make El Salvador the first country to adopt Bitcoin as legal tender, canceled his appearance at this year’s event due to “unforeseen circumstances. дальше »
2022-4-7 13:30 | |
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Mexican Billionaire Ricardo Salinas Visits El Salvador, Meets With Nayib Bukele
Emerging as one of the biggest bitcoin supporters out there, Ricardo Salinas made the pilgrimage to El Salvador. The billionaire took journalists Max Keiser and Stacy Herbert on a private plane to the first country to adopt bitcoin as legal tender. дальше »
2022-3-27 17:38 | |
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14% of Salvadoran businesses have transacted in BTC: Chamber of Commerce
El Salvador made history in September 2021 by becoming the first country to officially recognize Bitcoin as legal tender.
дальше »2022-3-19 00:14 | |
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A 30% Tax-On-Gain Likely For All Cryptocurrencies As India Prepares To Launch Digital Rupee
India is set to launch its digital rupee in 2022, making it the tenth country to venture into CBDCs. The disclosure, which was included in its 2022 Union Budget, was made known by Nirmala Sitharaman, the country’s finance minister. дальше »
2022-2-1 13:07 | |
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Development Update February 2022
Bit. Country Metaverse Network Feb 1 · 5 min read In Jan 2022, we hired 10 more team members in the engineering team and community management team. In the meantime, we’ve also made significant progress in product development including readiness for the TGE, metaverse economics, and Koasland prototyping. дальше »
2022-2-1 06:08 | |
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An Entire Country Switched to Bitcoin and Now Its Economy Is Floundering
Months after El Salvador announced that it would accept bitcoin as legal tender, the country has found itself on the verge of economic collapse yet again. The country’s president Nayib Bukele made waves last year when he announced that the nation would accept the token for use at stores and banks. The self-described “CEO of […] дальше »
2022-1-23 22:18 | |
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El Salvador’s Government Is Providing Legal Cover For The Novel Bitcoin Bonds By Creating 20 Bills For Them
El Salvador is forging ahead with the plans to launch bitcoin bonds. The new plans will involve the creation of new legislation to give legal backing to the bonds. The country first adopted Bitcoin as legal tender in September 2021 and has made significant strides. дальше »
2022-1-6 17:53 | |
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India’s top bank calls for complete crypto ban
With authorities in India still unsure on how to deal with the crypto industry, the apex bank of the Asian country has reportedly made it clear that it would prefer the country to tow the China path by completely banning crypto. дальше »
2021-12-19 16:34 | |
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National Bank of Kazakhstan releases report on results of CBDC pilot project
In the crypto world, Kazakhstan made a name for itself as the safe haven offering refuge to crypto miners fleeing China's crackdowns. But the country is also active when comes to other parts of the fiThe post National Bank of Kazakhstan releases report on results of CBDC pilot project appeared first on AMBCrypto. дальше »
2021-12-15 18:00 | |
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El Salvador uses Bitcoin price drop to get another 150 BTC
El Salvador, a small country that made a lot of noise earlier this year by accepting Bitcoin as legal tender, is using every opportunity it can get to acquire more coins. While many around the world are troubled by the recent 20% price drop that hit Bitcoin (BTC/USD) earlier today, El Salvador saw it as […] The post El Salvador uses Bitcoin price drop to get another 150 BTC appeared first on Invezz. дальше »
2021-12-5 17:04 | |
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El Salvador President Announces “Bitcoin City” Tax Haven
Bitcoin City El Salvador’s president Nayib Bukele has announced the country’s plans to build the world’s first fully Bitcoin bonds-backed “Bitcoin City.” Bukele made the announcement over the weekend as part of a cringe-inducing live show, featuring bright concert-style lighting — and projections of UFOs for some reason. The Bitcoin City will be income, property, […] дальше »
2021-11-23 01:23 | |
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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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News From El Salvador, Early November: Chivo Pets, Conferences & Bitcoin Smiles
What’s going on in Bitcoin country? Salvadoran smiles got rehabilitation and the Chivo Pets veterinary hospital is well underway. All of that and more made possible by the power of Bitcoin. Of course, not everything is sunny and positive. дальше »
2021-11-10 02:58 | |
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Australian Lawmakers Encouraging Competitive Crypto Regulations for Businesses
In a report made on Oct 20, Australian lawmakers said the country needs a new crypto regulatory regime to remain competitive. The post Australian Lawmakers Encouraging Competitive Crypto Regulations for Businesses appeared first on BeInCrypto. дальше »
2021-10-21 08:54 | |
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No Hope For Crypto In China As Giant Cryptocurrency Players Exit Region
China’s largest crypto exchange Huobi reveals there’s no hope as it called quits long before the ban It appears that business had become unbearable to continue for China’s leading cryptocurrency exchange as it has been revealed that they had already made a decision to quit the country even before the latest leg of intensified crypto-industry […] дальше »
2021-10-12 18:05 | |
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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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Cardano Investors In Japan Come Under Fire For $6 Million In Underreported Taxes
Cardano investors in Japan have come under scrutiny after authorities reported that investors in the asset had underreported their taxes from their trading activities. It was reported that multiple cities in the country had seen profits from trading in Cardano’s native token ADA but had not reported the earnings made from investing in the digital asset. дальше »
2021-10-7 02:00 | |
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The idea of Bitcoin (BTC) as legal tender spreads to the Parliament of Tonga
About a month ago, El Salvador made history by accepting Bitcoin as legal tender. Despite the small size of the country, as well as the mixed feelings about the move among its citizens, the decision made major waves in the world. дальше »
2021-10-6 15:44 | |
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El Salvador installs over 200 Bitcoin ATMs for easy purchase and sale
El Salvador made history as the first country in the world to accept Bitcoin as legal tender within its borders. It did so less than two weeks ago, and so far, the Bitcoin experiment has been rather divisive, although not damaging. дальше »
2021-9-20 16:22 | |
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