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El Salvador’s retirees protest as Bitcoin adoption day approaches
El Salvador shook the world a few months ago when it announced that it will adopt Bitcoin as legal tender. After months of criticism and the World Bank’s open refusal to assist, the small country found alternative ways to make Bitcoin adoption happen. дальше »
2021-9-1 15:47 | |
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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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Making Bitcoin A National Currency is An “Inadvisable Shortcut,” says IMF
The International Monetary Fund (IMF) took to Twitter to argue against adopting Bitcoin as a legal tender over the weekend. The Twitter post from IMF reads, “Privately issued cryptoassets like Bitcoin come with substantial risks. дальше »
2021-8-30 17:10 | |
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Honduras Opens First Crypto ATM as Interest Grows
This week, Honduras installed its first cryptocurrency ATM as demand for digital assets' continues, following neighboring El Salvador pushing to make bitcoin legal tender. The post Honduras Opens First Crypto ATM as Interest Grows appeared first on BeInCrypto. дальше »
2021-8-29 17:41 | |
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Cuba agrees to regulate, recognize cryptos citing 'socio-economic interest'
Two weeks ahead of El Salvador's official adoption of Bitcoin as legal tender, another Latin American nation has decided to officiate the use of cryptocurrencies. According to recent reports, the CubaThe post Cuba agrees to regulate, recognize cryptos citing 'socio-economic interest' appeared first on AMBCrypto. дальше »
2021-8-28 02:30 | |
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Central American bank: Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries
El Salvador adopting Bitcoin (BTC) as a parallel legal tender to the US dollar in September could substantially lower the costs of remittances that are a vital source of income for millions. The post Central American bank: Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries appeared first on CryptoSlate. дальше »
2021-8-27 22:00 | |
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El Salvador Could Set Precedent for Bitcoin Remittance Payments
By adopting Bitcoin as legal tender, El Salvador is setting an example that could be followed by other Central American countries. The post El Salvador Could Set Precedent for Bitcoin Remittance Payments appeared first on BeInCrypto. дальше »
2021-8-25 20:15 | |
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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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Will everyone realize this 'reality' about El Salvador's adoption of Bitcoin as legal tender
The news of El Salvador passing the law on Bitcoin as legal tender had made headlines in June. As the date on which it takes effect, draws near (7 September), the country's President shared a few updaThe post Will everyone realize this 'reality' about El Salvador's adoption of Bitcoin as legal tender appeared first on AMBCrypto. дальше »
2021-8-24 13:02 | |
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Although Bitcoin Legal Tender In El Salvador, Still Not Widely Used As Medium Of Exchange
In the existing paradigm, we rely on government-issued currency – it often offers security, stability, and standardization of transactions, all essential qualities for a successful legal tender. дальше »
2021-8-24 03:00 | |
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El Salvador’s Bukele Is “Playing With Fire” For Ignoring World Bank, IMF’s Warnings On Bitcoin: Renowned Economist Steve Hanke
Steve Hanke – a professor of applied economics at John Hopkins University – has sounded a warning that El Salvador could be heading to currency chaos and economic collapse with their adoption of Bitcoin as legal tender. дальше »
2021-8-22 17:36 | |
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A Bitcoin Maximalist’s Harsh Criticism Of The Lightning Network
The Lightning Network is the reason Bitcoin will be legal tender in El Salvador. The main chain couldn’t serve a whole country without a fast and reliable payment channel built on top of it. It’s as simple as that. дальше »
2021-8-20 16:03 | |
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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. дальше »
2021-8-20 00:30 | |
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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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Why Does Bitcoin Officially Becoming Legal Tender In El Salvador Matter?
Despite a small country living on a bitcoin standard, the first step is always the hardest, and a domino effect might bring bigger players to the game. дальше »
2021-8-18 21:32 | |
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Top Credit Rating Agency, Fitch Ratings, Questions El Salvador’s Bitcoin Adoption
According to credit rating agency Fitch Ratings, El Salvador's adoption of Bitcoin as a legal tender may come to have unintended consequences. Bitcoin Adoption Could Lead To Negative Credit Rating President Nayib Bukele’s decision to grant benchmark cryptocurrency Bitcoin a legal tender status a few months ago came amid global applause from enthusiasts of the […] The post Top Credit Rating Agency, Fitch Ratings, Questions El Salvador’s Bitcoin Adoption first appeared on BitcoinExchangeGuide. дальше »
2021-8-17 17:05 | |
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El Salvador’s Bitcoin Adoption Paves The Way For Emerging Economies
It’s clear that adopting bitcoin as legal tender can help El Salvador in many ways. But it can light the path for other countries as well. дальше »
2021-8-11 23:15 | |
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Uruguayan Senator Proposes Bill to Make Crypto Legal Tender
Uruguayan lawmaker Juan Satori has proposed a bill in a bid to allow cryptocurrency payments. According to his tweet on August 4, Satori’s proposed bill seeks to provide “legal, financial and fiscal security in the business derived from the production and commercialization” of cryptocurrencies. дальше »
2021-8-5 19:00 | |
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Uruguay senator proposes bill to classify Bitcoin and other cryptos as ‘legal tender’
A senator in the Uruguayan parliament, Senator Juan Satori has joined the league of politicians supporting Bitcoin as he recently introduced a draft bill that proposes the regulation and enablement of the adoption of crypto payments by businesses. дальше »
2021-8-6 13:00 | |
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Bank of America Highlights Key Benefits of El Salvador’s Bitcoin (BTC) Embrace
One of the largest banks in the US, Bank of America recently came out in public support of El Salvador’s move to make bitcoin legal tender by making a case of the development’s benefits. Bitcoin Adoption Offers Key Opportunities to El Salvador On Sunday, August 1, El Salvador President, Nayeb Bukele posted a tweet describingRead More дальше »
2021-8-2 13:00 | |
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El Salvador to officially adopt Bitcoin as legal tender on September 7
Payment processors that facilitate the immediate transfer of crypto into fiat currency and enable acceptance of Bitcoin (BTC) payments for e-commerce, point-of-sale, invoicing and remittance, have a finger on the pulse of the everyday economics of cryptocurrency adoption. дальше »
2021-7-30 11:00 | |
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What part of Bitcoin as national currency is a 'step too far'
Since El Salvador’s president made the announcement to make Bitcoin legal tender in the country, equal amounts of praise and criticism have been thrown its way. Even as crypto enthusiasts have repeaThe post What part of Bitcoin as national currency is a 'step too far' appeared first on AMBCrypto. дальше »
2021-7-28 22:00 | |
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Developing countries may regulate Cryptos in 2021/22 in line with Developed countries
Crypto is a great tech innovation for system transaction efficiency and thus various developing countries are now keen to adopt the technology rather than accepting it as a legal tender (currency). дальше »
2021-7-28 04:44 | |
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Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use in the country’s laws. дальше »
2021-7-25 21:00 | |
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Group of Salvadorans Take to the Streets to Protest El Salvador’s New Bitcoin Law
While some Salvadorans situated near Playa El Zonte beach like the new bitcoin tender law implemented by Nayib Bukele’s regime, a number of other citizens dislike the law. This week, regional reports show citizens from El Salvador have taken to the streets to protest the bitcoin tender law. дальше »
2021-7-25 02:00 | |
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Protests Erupt In El Salvador Over The Government’s Bitcoin Law
After garnering the approval of a supermajority in parliament, El Salvador enacted its Bitcoin Law, essentially becoming the world’s first country to adopt bitcoin as legal tender. The Bitcoin Law was passed just hours after President Nayib Bukele first revealed his intentions to introduce it. дальше »
2021-7-25 20:18 | |
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EL Salvadorians Go On The Streets In Protest Against Adoption Of Bitcoin As Legal Tender
Despite a three-month restriction on protests, a group of El Salvadorians comprised of leftist unions, student organisations, and others gathered at the Legislative Assembly to denounce the country’s acceptance of Bitcoin as its official currency. дальше »
2021-7-24 02:03 | |
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Report Reveals El Salvador Plans For Issuing A Stablecoin
El Salvador recently became the first country to adopt Bitcoin as a legal tender in financial transactions, and now it plans to issue a stablecoin. The President, who calls himself “the coolest president in the world,” took the first step to equip his citizens with a digital means of paying for goods & services. дальше »
2021-7-24 21:24 | |
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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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El Salvador Is Reportedly Planning Its Own National Stablecoin — Here’s What You Need To Know
In June, El Salvador became the first country in the world to make bitcoin legal tender, just days after millennial president Nayib Bukele announced his ambitious crypto vision during the 2021 Miami Bitcoin extravaganza. дальше »
2021-7-18 16:51 | |
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Paraguay’s legal framework is not like El Salvador: Bitcoin is treated as a commodity, not legal tender
We all expected Paraguay to become the second nation in the world to adopt bitcoin as a legal tender, but the recent “legal framework” proposed by MP Carlitos Rejala and Senator Fernando Silva doesn’t go as far as that of El Salvador. дальше »
2021-7-19 16:35 | |
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JPMorgan slams Bitcoin (BTC) use case in El Salvador
The debate about the ramifications of El Salvador President Nayib Bukele’s successful push to make Bitcoin (BTC) legal tender continues as the US investment bank and financial services holding company JPMorgan Chase & Co. дальше »
2021-7-13 05:00 | |
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Here's a 'potentially significant limitation' in El Salvador's Bitcoin experiment
Several entities have expressed their displeasure about El Salvador’s move to authorize Bitcoin as an optional legal tender in the country. A top critic has been JP Morgan, who continued to hammer tThe post Here's a 'potentially significant limitation' in El Salvador's Bitcoin experiment appeared first on AMBCrypto. дальше »
2021-7-13 05:00 | |
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El Salvador’s Adoption Of Bitcoin As Legal Tender Will Stress The Blockchain — JPMorgan Reveals Why
While many Bitcoiners have praised El Salvador’s decision to make Bitcoin legal tender on a par with the United States dollar, global investment bank JPMorgan Chase does not share their enthusiasm. Bitcoin Adoption By El Salvador Could Place Pressure On The Blockchain’s Network According to a report by the megabank on Thursday and reported by […] дальше »
2021-7-13 18:05 | |
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Paraguayan lawmakers to present Bitcoin bill on July 14
El Salvador’s decision to accept Bitcoin as legal tender in June appears to be influencing lawmakers across the region to begin exploring their own cryptocurrency strategy. дальше »
2021-7-12 18:12 | |
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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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Many El Salvadorans Are Skeptical Of Bitcoin Adoption As Legal Tender
According to a poll releaased on Thursday, more than three-quarters of Salvadorans are skeptical of President Nayib Bukele’s quest to recognize bitcoin as an alternative legal tender. El Salvadorans Are Skeptical Of Bitcoin El Salvadorans’ opinions on the government’s bitcoin plan were disclosed in a recent poll, according to Reuters on Thursday. The poll was […] дальше »
2021-7-10 23:51 | |
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Crypto Entrepreneurs From Paraguay Chip In: Is A Bitcoin Law In The Cards?
When El Salvador announced that Bitcoin would be legal tender in their country, the clock started ticking. What country, if any, would follow in their footsteps? Paraguay was one of the most likely candidates, and member of parliament Carlos Rejala’s tweet and laser eyes seemed to indicate that there was a possibility. However, things cooled […] дальше »
2021-7-9 23:08 | |
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Most El Salvador Citizens Not Keen on Accepting Bitcoin as Legal Tender
Following the legalization of bitcoin as legal tender in El Salvador, it appears that most of the country’s citizens are not enthusiastic about the government’s move to adopt bitcoin. El Salvadorans Skeptical About Bitcoin According to Reuters on Thursday (July 8, 2021), the thoughts of El Salvadorans about the government’s bitcoin plan were revealed inRead More дальше »
2021-7-10 21:00 | |
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Shocking Majority Of El Salvador Citizens Skeptical Of Bitcoin As Legal Tender, New Survey Shows
In a relatively big survey of 1,233 people in El Salvador, pollster Disruptiva made some interesting discoveries. The survey found that most of the citizens in El Salvador disapprove of the government’s recent move that made bitcoin legal tender alongside the U. дальше »
2021-7-9 20:48 | |
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UN commission serves new warning against BTC adoption in El Salvador
ECLAC executive secretary stressed that there is no study yet that would have investigated potential risks or benefits of El Salvador accepting BTC as legal tender. дальше »
2021-7-10 19:45 | |
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Survey finds most El Salvador citizens are skeptical of making BTC legal tender
More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin.
дальше »2021-7-10 07:00 | |
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After El Salvador, What Bitcoin Adoption Means For Africa
In its line-up after El Salvador signed into law legislation making Bitcoin its legal tender, Tanzania, an East African country with about 58 million citizens became the latest to express interest in embracing decentralized finance. дальше »
2021-7-7 12:34 | |
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Blockstream Pitches Digital Dollar Bond to El Salvador Government
Blockchain technology company Blockstream has been in talks with the El Salvador government regarding a new digital bond, denominated to the U. S. dollar. Their proposal comes amid El Salvador's efforts to roll out bitcoin (BTC) as legal tender. дальше »
2021-7-3 19:50 | |
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