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Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’

In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on the country’s finance chiefs to prepare for cryptocurrencies. BOT Move […] дальше »

2021-6-28 09:00


Tanzania’s Central Bank says It’s Working on President’s Directive to Prepare for Bitcoin Adoption

The central bank of Tanzania said it is working on President Samia Suluhu’s directive to prepare for cryptocurrencies, which could reverse the ban put on digital assets in 2019. The new president came to power in March after the death of her predecessor John Magufuli and is much more open to foreign investment than him. дальше »

2021-6-27 16:58


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Tanzania’s Central Bank Working on Reversing Crypto Ban, Following President’s Directive

The Bank of Tanzania said that it is planning on reversing its previous ban placed on cryptocurrency after the Tanzanian President asked the country to prepare for the adoption of crypto.  Bank of Tanzania Looks to Lift Crypto Ban According to Reuters on Friday (June 25, 2021), Tanzania’s central bank is working on the directiveRead More дальше »

2021-6-26 15:00


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Bitcoin Could Add Over $9 Trillion To Its Market Valuation, Reckons NYSE’s Former President

Former chairman of the New York Stock Exchange Thomas Farley has stated that Bitcoin could possibly level up with the market cap of gold at $10 trillion in the foreseeable future. Farley, who is the current chairman and CEO of Far Peak Acquisition Corporation made the statement on CNBC’s Squawk Box, explaining that he thinks […] дальше »

2021-6-26 14:50


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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


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. дальше »

2021-6-25 15:56


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Former NYSE President Says for Bitcoin to Exceed Gold It Needs to Be Accepted More as Currency

On June 24, the CEO of Far Peak Acquisition Corp. and former New York Stock Exchange (NYSE) president, Thomas Farley discussed the future of bitcoin and gold on the CNBC broadcast Squawk Box. Farley is optimistic about the leading crypto asset but he doesn’t believe it will surpass gold’s $10 trillion market capitalization unless it’s […] дальше »

2021-6-25 00:30


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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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World Bank’s Founding Document Makes It Mandatory To Support El Salvador On Implementing Bitcoin

The World Bank recently rejected a request from El Salvador for assistance with its adoption of Bitcoin as legal tender. Despite this, President Nayib Bukele’s dogged pursuit to make Bitcoin a legal tender in El Salvador may soon become a reality as the World Bank’s founding document stipulates that the Bank must accept payments in […] дальше »

2021-6-22 15:55


Steve Hanke Calls El Salvador’s President “Stupid” For Making Bitcoin Legal Tender

Steve Hanke has condemned the legalization of Bitcoin in El Salvador. The economist believes the decision will “completely collapse” El Salvador’s economy. He called the move “stupid.” His reasoning around this being that El Salvador is a dollarized nation and making Bitcoin legal tender would be detrimental to the economy. Professor Hanke was on Kitco […] дальше »

2021-6-19 02:30


Italian Prime Minister Mario Draghi Calls for More Stimulus and ‘Promptly’ for Pre-Pandemic Level Growth

ECB President Christine Lagarde agrees, she has said that it’s “too early” and “unnecessary” to discuss reducing stimulus. The post Italian Prime Minister Mario Draghi Calls for More Stimulus and ‘Promptly’ for Pre-Pandemic Level Growth first appeared on BitcoinExchangeGuide. дальше »

2021-6-19 20:33


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Pundit Lampoons Bitcoiners For ‘Worshipping’ Elon Musk, Michael Saylor, and El Salvador President, Nayib Bukele

Popular Bitcoin developer, Johnathan Corgan, took to Twitter to express sordid displeasure over what he terms “the emergence of celebrity worship” in the Bitcoin sphere. Citing Elon Musk, Michael Saylor, and El-Salvador’s president Nayib Bukele, as the recently crowned demi-gods of the bitcoin blockchain, Corgan was quick to point out a growing trend of excessive […] дальше »

2021-6-17 21:23


Tanzania’s President Calls For Central Banks To Work Towards Crypto Acceptance

Bitcoin and crypto adoption was all over the place last week and it seems like the trend might continue this week as well Following the recent events of El Salvador’s President Nayib Bukele announcing the acceptance of Bitcoin as a legal tender, this has sparked a domino effect of other Central and South American countries […] дальше »

2021-6-14 20:23