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The World Bank under fire for refusing to help El Salvador switch to BTC
The World Bank came under fire recently after refusing to help El Salvador transition to adopt Bitcoin (BTC/USD) as legal tender — a decision that was announced only about a week ago by the country’s president. дальше »
2021-6-18 10:32 | |
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Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender
The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,” he said. дальше »
2021-6-17 04:00 | |
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Bitcoin Beach Town in El Salvador Bustles With Growth After BTC Becomes Legal Tender
Ever since El Salvador passed a bill that was approved by a supermajority in the Salvadoran Congress legalizing bitcoin as legal tender in the nation, the country has remained in the spotlight. Furthermore, there’s an area in El Salvador called “Bitcoin Beach” with a small group of beach villagers that are attempting to leverage bitcoin […] дальше »
2021-6-17 00:30 | |
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South American Countries Are Interested In Adopting Bitcoin: Who Will Be Next?
Since Bitcoin was adopted as legal currency in El Salvador, the crypto world is watching and waiting for who will be next. There could be a few South American countries to vote for legalizing crypto and paving the way for crypto infrastructure sooner rather than later. дальше »
2021-6-17 21:43 | |
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Indonesia: Central bank gov. warns banks against 'not legitimate' cryptocurrencies
With people from the crypto-community rejoicing over El Salvador’s official Bitcoin adoption, skepticism from other nations has managed to re-surface, with Indonesia being the latest to voice concerThe post Indonesia: Central bank gov. дальше »
2021-6-16 20:30 | |
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Ethiopians Come Together to Get the Govt. of Africa’s Second-Most Populous Nation to Adopt Bitcoin
While central banks around the world are working on the digital version of their fiat currencies, El Salvador went ahead and declared Bitcoin legal tender. El Salvador has made the first move, and people in other countries now want their government to go the same route. дальше »
2021-6-17 19:22 | |
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These Countries Could Be the Next to Follow El Salvador’s Bitcoin Adoption Lead
It’s no news that El Salvador recently commenced its journey towards becoming a global hub for innovative technologies by approving bitcoin (BTC) as legal tender in the state and its success would no doubt spur more countries to join the cryptocurrency bandwagon. дальше »
2021-6-16 15:00 | |
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El Salvadorian government discusses paying salaries in Bitcoin (BTC)
Three El Salvadorian government ministries are discussing whether they should allow firms in the country to pay salaries in Bitcoin (BTC/USD). A report unveiled this news on June 15, citing El Salvador’s minister of Labour and Social Welfare, Rolando Castro. дальше »
2021-6-16 14:33 | |
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Why Nigeria Could Be The Next Nation To Embrace Bitcoin
There has been a high level of speculation on the next country that could massively adopt Bitcoin. El Salvador’s new law granting BTC legal tender status has caused excitement, after its approval many politicians and government officials around the globe have shown support for pro-BTC legislation. дальше »
2021-6-16 20:52 | |
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How CABEI Will Support Implementation Of Bitcoin Law In El Salvador
Dante Mossi, president of The Central American Bank for Economic Integration (CABEI), confirmed in a press conference that the institution will support El Salvador’s efforts to enforce its Bitcoin Law. дальше »
2021-6-16 17:11 | |
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Since It Adopted Bitcoin As Legal Tender, The World Is Looking At El Salvador
According to all metrics, El Salvador is all the rage right now. When the government announced that their citizens and all economic actors are legally allowed to use Bitcoin as legal tender, headlines all over the world reported on the news. дальше »
2021-6-15 07:27 | |
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Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law
A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil, and Mexico. дальше »
2021-6-15 06:30 | |
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Bitcoin Remittances to El Salvador Surge 300% Ahead of BTC Becoming Legal Tender
Bitcoin remittances to El Salvador jumped more than fourfold in May from the previous year, according to data from blockchain analytics firm Chainalysis. Last week, El Salvador passed a bill making bitcoin legal tender in the country alongside the U. дальше »
2021-6-15 02:00 | |
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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 | |
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Lightning Network Hits 1,500 BTC Capacity For the First Time as it Gains Traction in El Salvador
Bitcoin layer 2 payments solution Lightning Network that enables faster and cheaper transactions has grown to surpass the capacity of 1,500 BTC for the first time. Between the period of March 2019 and May 2020, the Lightning network capacity has been pretty stagnant, keeping between 800 and 1,100 BTC. дальше »
2021-6-14 19:11 | |
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Small Bitcoin Transfers In El Salvador Have Surged
El Salvador, where Bitcoin is being embraced on an unprecedented level, has seen BTC transfers under $1,000 surge this year. дальше »
2021-6-14 18:37 | |
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Crypto Market update - Bitcoin is legal tender in El Salvador, Elon warms up...
Andy Pickering is here with a weekly crypto market update where we look through the volatile world of crypto Twitter to tease out the most important narratives and data points of the last week. And what a week it was, Andy looks at El Salvador’s decision to make Bitcoin legal tender, which countries might be next, and is Elon Musk warming back up to Bitcoin? дальше »
2021-6-14 04:30 | |
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Christine Lagarde Reaffirms ECB’s Crypto Policy as Bitcoin Becomes Legal Tender in El Salvador
The president of the European Central Bank (ECB), Christine Lagarde, has shared her view on El Salvador making bitcoin legal tender. She confirmed that the central bank’s policy on bitcoin and other cryptocurrencies has not changed. дальше »
2021-6-14 04:00 | |
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Crypto Market Forecast: Week of June 14th 2021
A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin has a strong week as Elon Musk leaves the door open for Tesla to accept Bitcoin again, El Salvador makes Bitcoin legal tender in the country - and Ethereum transaction fees hit 6-month lows. дальше »
2021-6-14 04:00 | |
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Why NFL’s Russell Okung Asked Nigeria To Adopt The Bitcoin Standard
Following El Salvador’s decision to grant Bitcoin the status of legal tender, other government officials in the region have hinted at adopting similar measures. Most of the interest seems to have a source in developing countries. дальше »
2021-6-14 21:00 | |
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Bitcoinization: JPMorgan Notes ‘Similarly Situated’ Countries Could Make Bitcoin Legal Tender Like El Salvador
JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan did not rule out that the country’s move to make the cryptocurrency legal tender may be “the beginning of a broader trend among similarly situated, smaller nations.” JPMorgan’s Opinion on […] дальше »
2021-6-13 04:30 | |
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Summing Up The JP Morgan Report On Bitcoin In El Salvador
It’s been only a couple of days since Bitcoin was declared legal tender in El Salvador. The decision has been controversial. Most of the crypto community has shown support for the new law, but traditional media and financial institutions haven’t been equally receptive. дальше »
2021-6-12 23:14 | |
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BIS Official Insists Bitcoin Fails Means of Payment Test, Calls El Salvador’s BTC Law ‘Interesting Experiment’
An official at the Bank for International Settlements (BIS) and former member of the executive board of the European Central Bank (ECB), Benoit Coeure, insists that bitcoin has not passed the test of being a means of payment. дальше »
2021-6-11 20:00 | |
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Institutions Double Down on Bitcoin after El Salvador Made BTC Legal Tender
Institutional investors are ramping up their Bitcoin purchase, data from GlassNode—a crypto analytics platform, shows. Institutions Flock to Bitcoin Data, on June 11, reveals that there has been a sharp uptick in total transfer volumes of BTC from Over-the-counter (OTC) desks starting mid-week when El Salvador made Bitcoin legal tender. The surge in trading volumesRead More дальше »
2021-6-11 20:00 | |
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May The Best Money Win? How Anti Bitcoin Countries React To Its Expansion
An opposite reaction to the “Bitcoin Law” passed by El Salvador and to its growing adoption was to be expected. Mainstream media has been replicating news on BTC alleged negative environmental impact, its use for illicit activities, and others. дальше »
2021-6-11 19:30 | |
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El Salvador’s Legal Bitcoin Tender Could Have Grave Repercussions, IMF Warns
The International Monetary Fund (IMF) has responded with criticism to El Salvador’s decision to adopt bitcoin as a legal tender, saying that the move will likely lead to unforeseen economic risks and regulatory complications. дальше »
2021-6-11 18:47 | |
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IMF Calls for ‘Careful Analysis’ of Bitcoin as Legal Tender; BIS Head says It’s an ‘Interesting Experiment’
The International Monetary Fund (IMF) has voiced its displeasure on El Salvador’s move to become the first country in the world to adopt Bitcoin as legal tender. The law puts Bitcoin on equal footing with the US dollar in the country, which adopted the dollar as its official currency 20 years ago. дальше »
2021-6-11 17:25 | |
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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. дальше »
2021-6-11 15:00 | |
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Elon Musk’s Tesla Can’t Say No To Bitcoin Payments In El Salvador
The past few weeks have seen the price of Bitcoin dwindle after Elon Musk’s announcement that Tesla would no longer accept Bitcoin as payment for its products. Musk, who in March announced that Tesla would accept Bitcoin as payment for its cars and other products, but had to retract the decision citing strong outcry by […] дальше »
2021-6-11 14:48 | |
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The Real Truth about Bitcoin Mining using Geothermal Energy from Volcano in El Salvador
Shortly after announcing bitcoin as a legal tender, the President of El Salvador, Nayib Bukele, proposed a new idea of using geothermal energy to power clean crypto-mining. While media outlets around the world are going a bit wild on this news, we wanted to see how the story plays out. дальше »
2021-6-11 14:45 | |
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El Salvador’s Bitcoin adoption an ‘interesting experiment,’ says BIS exec
El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements. дальше »
2021-6-11 13:47 | |
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IMF stands in the way of El Salvadorian Bitcoin (BTC) adoption
The International Monetary Fund has faulted El Salvador’s decision to accept Bitcoin (BTC/USD) as a legal tender, explaining that there could be legal implications on the country’s decision. дальше »
2021-6-11 12:27 | |
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El Salvador’s Bitcoin Adoption Draws Comments from IMF
The International Monetary Fund has become the first major financial gatekeeper to reference the recent move by El Salvador to legalize Bitcoin. Several figures in the legacy financial space continue to espouse anti-crypto sentiments even as the market becomes more popular. дальше »
2021-6-11 09:00 | |
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IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption
The International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks. дальше »
2021-6-11 07:00 | |
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IMF Voices Concerns Over El Salvador Making Bitcoin Legal Tender
The International Monetary Fund (IMF) has warned of “a number of macroeconomic, financial and legal issues” surrounding El Salvador making bitcoin legal tender. “Crypto assets can pose significant risks and effective regulatory measures are very important when dealing with them,” an IMF spokesperson cautioned. дальше »
2021-6-11 03:30 | |
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Dogecoin, Polkadot, Binance Coin Price Analysis : 10 June
The past 24 hours had been positive in terms of recovery but no coin saw an immediate price boom. Bitcoin rallied up by 9.5% owing to the hype of El Salvador adopting it as legal tender. Yet, most altThe post Dogecoin, Polkadot, Binance Coin Price Analysis : 10 June appeared first on AMBCrypto. дальше »
2021-6-11 00:00 | |
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