IMF urges El Salvador to remove Bitcoin's status as legal tender

IMF urges El Salvador to remove Bitcoin's status as legal tender
ôîòî ïîêàçàíî ñ : cointelegraph.com

2022-1-26 00:55

According to the IMF's executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection.

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Here’s What The IMF Has In Store For Mainstream Crypto Adoption

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2021-10-6 17:45


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Bitcoin Set To Become Legal Tender In Ukraine — Crypto At The Top Of Its Financial Agenda

Key takeaways Ukraine is likely to become the next country to adopt Bitcoin as legal tender. Number of countries giving cryptocurrencies legal status is growing after El Salvador adopts Bitcoin. Bitcoin is becoming more of a global phenomenon as more countries are paying attention to adopting it as a currency standard. According to experts, Ukraine […]

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These are the key points El Salvador's 'worrying' Bitcoin banking regulations ignore

Since El Salvador first decreed that Bitcoin will be made legal tender, the crypto-world has waited with anticipation for this financial revolution to unfold. Despite heavy criticism from both inside The post These are the key points El Salvador's 'worrying' Bitcoin banking regulations ignore appeared first on AMBCrypto.

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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability

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2019-2-7 16:40


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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News.

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Elections Canada Consults With Political Parties on Crypto Donations

According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.

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Japan places cryptocurrencies into new category called “crypto-assets” to prevent confusion with legal tender

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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

2018-11-7 22:04