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El Salvador’s Central Bank Releases Draft Regulations for Bitcoin (BTC) Services
Banco Central de Reserva (BCR), the central bank of El Salvador, has published draft regulations for banks and other financial institutions looking to offer bitcoin-related services. Draft Regulations for Bitcoin Digital Wallet Services The BCR released the document titled “Guidelines for the Authorization of the Operation of the Digital Wallet Platforms for Bitcoin and Dollars”Read More дальше »
2021-8-19 17:00 | |
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New Rules Proposed For Bitcoin Exchange Providers In El Salvador
The document detailing the new guidelines has been released for comment, apparently encompassing only BTC/USD exchange providers. дальше »
2021-8-19 00:16 | |
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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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Bitcoin adoption could damage El Salvador’s credit rating: Fitch
The law is unnecessarily rushed and does not equip insurance companies to adapt to… The post Bitcoin adoption could damage El Salvador’s credit rating: Fitch appeared first on Coin Journal. дальше »
2021-8-17 15:01 | |
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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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Looking To Pull An El Salvador, Spain Considers Bill To Allow Mortgage Payments In Crypto
Cryptocurrency and blockchain are becoming quite mainstream as of this year and it’s likely that just about any financial transaction will be able to be completed via the use of crypto in the next few years. дальше »
2021-8-5 23:46 | |
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El Salvador effect: Spain considers allowing mortgage payments in crypto
According to 20 Minutos, a Spanish newspaper group, lawmakers in the country are considering a proposal enabling mortgage payments with crypto. The post El Salvador effect: Spain considers allowing mortgage payments in crypto appeared first on CryptoSlate. дальше »
2021-8-4 01:00 | |
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El Salvador’s Bitcoin bill has 5 key benefits, says Bank of America
US financial services player Bank of America, one of the world’s largest banks, has come out in support of El Salvador’s Bitcoin bill in a note to clients last week. The post El Salvador’s Bitcoin bill has 5 key benefits, says Bank of America appeared first on CryptoSlate. дальше »
2021-8-3 04:00 | |
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Bank Of America Sees Four Upsides In El Salvador’s Bitcoin Adoption
Bank Of America has said that it sees how El Salvador’s adoption of Bitcoin could help the Island country. President Bukele Agrees With Bank Of America President Nayib Bukele of El Salvador, a Central American country, tweeted yesterday screenshots of a Bank of America economic outlook report (BofA). Along with explaining why the bank is […] дальше »
2021-8-3 22:58 | |
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Bank Of America Sees Four Key Advantages Of El Salvador’s Bitcoin Gambit
Bank of America, the second-largest bank in the U. S. , has recently released a report that unpacks its thoughts on El Salvador’s adoption of bitcoin. The bank surprisingly identified four main benefits that the Central American nation stands to benefit from the world’s biggest cryptocurrency. дальше »
2021-8-2 13:03 | |
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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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BofA outlines potential benefits of El Salvador’s Bitcoin adoption
Bitcoin democratises access to electronic payments, potentially benefiting 70% of the El Salvadorian adult… The post BofA outlines potential benefits of El Salvador’s Bitcoin adoption appeared first on Coin Journal. дальше »
2021-8-2 12:46 | |
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Bank of America Report Sees Upsides to El Salvador Bitcoin Adoption
A report from the Bank of America lists some potential benefits for El Salvador as it works to implement bitcoin into its economy. The post Bank of America Report Sees Upsides to El Salvador Bitcoin Adoption appeared first on BeInCrypto. дальше »
2021-8-2 10:45 | |
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Aljazeera Vs. El Salvador’s Bitcoin Law: The Good, The Bad, And The Ugly
It’s time to turn our heads to the Arabic world. How does the Qatar-based international news station Aljazeera sees El Salvador’s Bitcoin Law? Are they as lost as western media or can they handle themselves in the cryptocurrency space? Well, their journalistic report is balanced and complete. дальше »
2021-7-30 15:09 | |
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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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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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No, El Salvador Is Not Rising En Masse Against The Bitcoin Law
According to El Mundo, an El Salvadorian daily newspaper, protesters gathered on Tuesday to demand the Bitcoin law be repealed. During the gathering, one of the protest leaders said ordinary folk on minimum wage are particularly affected by Bitcoin’s wild, volatile swings. дальше »
2021-7-24 03:00 | |
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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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Report Claims Nayib Bukele’s Regime May Issue a Salvadoran Stablecoin
According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U. S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin. дальше »
2021-7-18 14:00 | |
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Is El Salvador Planning To Release A CBDC As This Local Newspaper Suggests?
Is El Salvador about to break every Bitcoiner’s heart? Or is this fake news? The government is ready to unleash its own CBDC, according to Salvadoran digital newspaper El Faro. The Colon-Dollar is the tentative name. дальше »
2021-7-18 22:50 | |
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Are El Salvador's 'unconstitutional' Bitcoin plans taking advantage of the pandemic?
Nayib Bukele, the President of El Salvador, recently got himself a pair of laser eyes on his Twitter profile at least. This came after the country's parliament passed Bukele’s proposed legislation oThe post Are El Salvador's 'unconstitutional' Bitcoin plans taking advantage of the pandemic? appeared first on AMBCrypto. дальше »
2021-7-17 03:30 | |
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What you should know about 'this smart way of using Bitcoin'
The Lightning Network, Bitcoin’s Layer 2 solution for fast and cheap transactions, has been a rather fascinating project, especially after its significant adoption in El Salvador for payments. PropoThe post What you should know about 'this smart way of using Bitcoin' appeared first on AMBCrypto. дальше »
2021-7-17 01:30 | |
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Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining
After El Salvador, Paraguay is taking essential steps towards regulating cryptocurrency by introducing a new bill developed by Congressman Carlos Rejala and Senator Fernando Silva Facetti. While Rejala’s party only holds two seats in Congress, Facetti is a leader in one of the main opposition parties in the country, the Authentic Radical Liberal Party, which […] The post Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining first appeared on BitcoinExchangeGuide. дальше »
2021-7-15 19:34 | |
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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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JPMorgan says El Salvador’s Bitcoin Adoption Creates a Challenge for the Cryptocurrency
The banking giant points to strain on the largest network due to growing usage by El Salvadorians but fails to mention Lightning Network, which is actually being used and seeing its network capacity and the number of nodes and channels hitting new peaks continuously. дальше »
2021-7-12 17:32 | |
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JPMorgan Opines El Salvador BTC Move Could Crumble Bitcoin Network
Wall Street giant JPMorgan Chase & Co. opines El Salvador’s bitcoin (BTC) adoption could be a detriment to the Bitcoin blockchain. Questioning the Robustness of the Bitcoin Network A team from JPMorgan Chase & Co. дальше »
2021-7-12 16:45 | |
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News From The El Salvador Experiment, Mid July: More ATMs and CNN
This week was low on high-profile people news but high in community building and hard work. Everyone seems to be waiting to see where the chips fall before making any decisions. Except for the people of El Zonte, they can’t stop and won’t stop building. дальше »
2021-7-11 20:07 | |
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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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