Ukrainian e-bank plans to offer Bitcoin trading in July

Monobank is seeking approval from the National Bank of Ukraine to launch its Bitcoin debit card later this month.

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How El Salvador Could Issue Digital Bond To Strengthen Bitcoin Law

Per a Bloomberg report, Canada-based company Blockstream will aid El Salvador in its effort to implement its Bitcoin Law. The company has proposed the national government issue digital bonds backed by U.

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Iranian Draft Bill to Regulate Crypto, Ban Bitcoin Payments

A bill drafted by the Iranian Parliament’s Economic Commission is to set out a framework for regulating cryptos that includes plans to develop a national cryptocurrency. The bill titled “support...

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What is the practicality of El Salvador adopting a national digital currency?

El Salvador’s congress voted to accept the cryptocurrency and won a supermajority of 62 out of 84 votes.   Starting in September, El Salvador will soon have two official currencies: the United States dollar (USD) and bitcoin (BTC).

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650 US banks and credit unions ready to offer Bitcoin (BTC) purchases

Digital asset management firm New York Digital Investment Group (NYDIG) and enterprise payments corporation National Cash Register (NCR) joined efforts in facilitating massive crypto exposure, enabling 650 US community banks and credit unions to offer Bitcoin (BTC) purchases, according to Forbes magazine.

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Regulate Not Legalize: Paraguay Clarifies Bitcoin Move

Weeks after El-Salvador set a national record as the first nation to slap a highly-revered legal tender status on Bitcoin, rumors flooded the crypto space after an announcement from the national lawmaker, that Paraguay is next in line to follow suit.

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NYDIG to Offer Bitcoin Services to 70% of US Banks; NCR Partnership to Allow Exposure to 24M Customers

National Cash Register, founded in 1884, is also the largest provider of point of sale software to retail stores globally, with a 45% market share. In addition, NCR will allow 650 banks to offer BTC purchases due to institutions concerned about savings outflowing to crypto exchanges.

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650 US Banks and Credit Unions Can Now Offer Bitcoin to Over 24 Million Customers

Bitcoin purchases will now be directly available to approximately 24 million customers from 650 US banks and credit unions as a result of a new partnership between the US enterprise payments giant the National Cash Register (NCR) and leading bitcoin dedicated technology and financial services firm NYDIG.

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President Bukele Clears Up Misconceptions About The Government’s Chivo Wallet

On June 24th, in a national broadcast, President Bukele cleared up misconceptions about El Salvador’s Bitcoin Law and presented the government’s wallet. That created a whole lot of new misconceptions about the app itself, the newly minted Chivo Wallet.

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Americans Now Want To Be Vastly Paid In Bitcoin, Courtesy Of El Salvador. When Will It Happen?

President of El Salvador, Nayib Bukele, in a recent national address revealed that the government would pay all its registered adult citizens $30 in Bitcoin to their digital wallets.   Bukele also introduced the official wallet to which the airdrop will happen.

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El Salvador Announces National Bitcoin Wallet, Plans To Distribute $117 Million In BTC To Citizens

El Salvador’s president announced the country’s official bitcoin wallet, Chivo, to be launched in September and give $30 in BTC to users.

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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 […]

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El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow

El Salvador’s President Nayib Bukele said in a national address that a recently passed law making bitcoin legal tender would take effect on September 7, noting that its use will be optional. The countries’ Congress has already approved the proposal to embrace the cryptocurrency with a supermajority, making El Salvador the first country in the […] The post El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow first appeared on BitcoinExchangeGuide.

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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

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Paraguay Follows El Salvador In Tabling Bitcoin Bill, The Crypto Revolution Is Happening

As confirmed by Paraguay’s National Deputy, Carlitos Rejala, plans are in place to discuss the formal legalization of Bitcoin next month. Since El Salvador took the progressive step of recognizing Bitcoin as legal tender, politicians from several other Latin American countries have also signaled a similar intent. So far, on the list of potentials to […]

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National Republican Congressional Committee To Accept Bitcoin Donations

The National Republican Congressional Committee has become the first national party committee to solicit bitcoin donations.

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Michael Saylor Clarifies His Company’s Bitcoin Strategy On US’s National TV

The dedication MicroStrategy’s CEO puts into Bitcoin raises questions even in the crypto sphere. Imagine how people in the traditional financial world feel. Michael Saylor joined CNBC’s “Fast Money” talk show to discuss his controversial game plan.

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Tunisia to Legalize Bitcoin After Teen Arrest

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Can IMF Derail Bitcoining El Salvador

Bitcoin is upgrading from national politics to global politics. It arguably began doing so in 2018, very quietly, with trickles of unimportant news that nonetheless softly moved the tectonic plates....

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Will Bitcoin Mining Backed Volcano Bonds Be Enough To Ward Off The IMF?

El Salvador passed a bill making Bitcoin legal tender this week, putting it on equal footing with the country’s official national currency, the U. S dollar. While this was celebrated as a victory for Bitcoin, the International Monetary Fund (IMF) has since voiced its concerns with the move.

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IMF Concerned About El Salavador’s Bitcoin Law Due To “Legal And Economic Issues”

Less than a week since El Salvador’s “Ley Bitcoin” has been approved by its national congress and the international financial organism is reacting. The International Monetary Fund (IMF) has expressed “economic and legal” concerns over the nation’s new pro-BTC legislation.

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Elon Musk Slammed For Manipulative Greed As Bitcoin Gains First National Acceptance

From Miami to Manitoba, it’s a eureka moment for Bitcoin as it gets its first official national legal tender status. The announcement by El Salvador’s President Nayib Bukele – the current favorite president of the crypto-world – puts a big blue tick on the resilience and tenacity the world’s biggest and oldest cryptocurrency has shown […]

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Bitcoin Adoption: Why Paraguay Could Follow In El Salvador’s Footsteps

The president of El Salvador Nayib Bukele will submit a bill to its National Congress to approve Bitcoin’s status as a legal tender. This announcement has traveled the world and before its implications could be processed, other nation-states hinted at the possibility of adopting the Bitcoin Standard.

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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina

Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […]

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Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin

Bridgewater Associates founder and CEO Ray Dalio says Bitcoin can see traction in the years to come, but that the digital version of Yuan, China’s national fiat currency, could ‘compete’ with it. The post Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin appeared first on CryptoSlate.

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Bitcoin (BTC) miners in China are about to face hasher crackdowns

China is making its sanctions on Bitcoin miners even tougher after its Inner Mongolia regional government set out more stringent punishment for violators. On Tuesday, the Inner Mongolia, National Development and Reformation Commission (NDRC) issued a proposal, outlining 8 areas that are perceived as illegal for crypto mining activities.

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UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible”

The UK’s Advertising Standards Authority (ASA) has banned a series of popular Bitcoin ads in the country citing irresponsibility, a report on national news outlet The Guardian said today. The post UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible” appeared first on CryptoSlate.

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Iranian Government Places New Ban On Mining Bitcoin Within Households

Iran has become the latest country to ban Bitcoin mining, albeit for select people. Apparently, the Iranian government has decided to stop its citizens from mining Bitcoin in their homes. According to the government, household mining has been exerting too much pressure on the already burdened national electric grid. The Ministry of Energy has issued […]

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“Bitcoin Pizza” US National Brand to Launch This Week, Here’s What It Is About

Bitcoin influencer Anthony Pompliano has announced the launch of “Bitcoin Pizza”, here’s where the profits from it will be going

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ING Bank Says DeFi Could Be More Disruptive Than Bitcoin To The Financial Sector

CNBC recently reported that more American banks will be adopting Bitcoin, allowing their customers to buy, sell, and HODL through their bank accounts. This is according to Cryptocurrency custody firm NYDIG, whose recent partnership with Fidelity National information services could merge banks and Bitcoin into one space.

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NYDIG claims hundreds of US banks will embrace crypto this year

Crypto custody firm NYDIG has joined hands with Fidelity National Information Services (FIS), a leading FinTech company to help US banks integrate crypto in their operations. The two firms seek to develop a solution that will let banks offer their clients the ability to purchase, hold, and sell Bitcoin (BTC) through their bank accounts.

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Bitcoin Coming to Bank Near You Thanks to NYDIG and FIS

Cryptocurrency custody firm NYDIG has teamed up with fintech behemoth Fidelity National Information Service to allow U.S. banks to offer BTC in 2021. The post Bitcoin Coming to Bank Near You Thanks to NYDIG and FIS appeared first on BeInCrypto.

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Hundreds of Banks in US to Allow Customers to Buy, Sell, Hold Bitcoin Through Existing Bank Accounts

Hundreds of banks in the U. S. will reportedly start offering access to bitcoin to their customers this year, thanks to a partnership between Fidelity National Information Services and the New York Digital Investment Group.

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Hundreds of U.S. Banks to Allow Holding and Trading Bitcoin

Fidelity National Information Services has partnered with NYDIG to allow hundreds of U.S. small banks to start dealing with crypto

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Virunga National Park Now Accepts Bitcoin, Ethereum, Litecoin, Chainlink, and Other Coins as Donations

Africa's oldest national park is asking for cryptocurrency donations

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Dismissing Clear Market Data, Swiss National Bank Chairman Says Bitcoin Not Liquid Enough

Comments from the Swiss National Bank chairman signal that he does not understand the bitcoin market or is strategically downplaying it.

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Swiss National Bank Will Not Offer Exposure to Cryptocurrencies: Chairman Explains Why

Chairman of Swiss National Bank has explained why SNB will not be offering exposure to Bitcoin and other digital currencies to its clients

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Why The Chinese Government Started Mining Bitcoin (BTC)

Reporter Colin Wu shared news published by Chinese state media PengPai related to Bitcoin mining activities by the national government. At the very least, China’s view of cryptocurrencies is ambiguous, but according to the report they have been dabbing with BTC.

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Bitcoin Gains Steam With U.S. Politicians, Will It Become A National Movement?

Politicians in the United States seem to be embracing Bitcoin. In the last two weeks, various states across the U. S. territory have pushed regulations, resolutions, and statements that acknowledge BTC as an asset on the path to gain broader adoption.

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Touchdown: This NFL Player Will Take 2021 Salary In Bitcoin

An NFL player for the Kansas City Chiefs, Sean Culkin, has joined the ranks of players and athletes demanding to receive their salaries in Bitcoin and other cryptocurrencies. The National Football League (NFL) tight end stated that he would be converting his entire 2021 salary into bitcoin. He said this in a series of tweets […]

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NFL Player Sean Culkin to Receive Full Salary in Bitcoin

The National Football League (NFL) tight end Sean Culkin has stated that he would be converting his entire 2021 salary into bitcoin. NFL Player Converts 100% Salary to Bitcoin Culkin, who plays for the Kansas City Chiefs revealed the decision via a tweet on Monday (April 26, 2021).

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A $1.45 billion Bitcoin fund is soon listing on NASDAQ Dubai

3IQ Corp, the company behind a $1. 45 billion Bitcoin Fund listed on the Toronto Stock Exchange (TSX), is gearing up to list it on Nasdaq Dubai, local outlet The National reported today. The post A $1.

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Embracing Bitcoin is now a matter of national security says former CIA Director

Michael Morell, the former Acting Director of the Central Intelligence Agency, disputes the narrative Bitcoin is full of illicit activity. The post Embracing Bitcoin is now a matter of national security says former CIA Director appeared first on CryptoSlate.

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Jameson Lopp Highlights Bitcoin’s Market Cap In Comparison To National M1 Money Supplies

According to rankings compiled by Casa’s Jameson Lopp, bitcoin would be a top-10 global currency by liquid money supply.

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Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents

The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months.

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Study: Bitcoin mining undermines China's fight against environmental emissions

Bitcoin mining in China is so carbon-intensive that it threatens the national goal of reducing environmental emissions, a new study supposes.

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Bitcoin April Fool’s Jokes in Full Swing: Elon Musk Taking DOGE to Moon, SegWit on Blockchain & “TubbyCoin” Powered by “HugTech”

The cryptocurrency market is having a field day on April 1st. Even before April Fools officially started, many were already on board with their Bitcoin and crypto jokes. First, Chipotle tweeted “Bitcoin Anyone?” as it announced the giveaway of $100,000 in free burritos and $100k in BTC to celebrate National Burrito Day on April 1.

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Free Bitcoin: Major US Fast Food Chain Chipotle Giving Away $100K in BTC to Celebrate National Burrito Day

Chipotle Mexican Grill says it is giving away bitcoin and free burritos to celebrate National Burrito Day. The company has created a game where each participant will have 10 tries to guess a valid six-digit code for a chance to win a free burrito or up to $25,000 in bitcoin. Free Burritos and Bitcoin Giveaway […]

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Spain Is ‘Close’ to Regulating Crypto-Related Ads in the Streets, Says CNMV President

Spanish financial authorities don’t seem to be happy with the massive crypto-related advertising campaigns deployed across Madrid’s streets. The National Securities Market Commission (CNMV) is rushing to approve a regulation on such ads that promote bitcoin in Spain.

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