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Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market
9.9.2021
The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations...
Russia Not Ready for Bitcoin as Legal Tender, Putin’s Spokesman Peskov Says
8.9.2021
Russia has no reason to recognize bitcoin, President Putin’s press secretary has noted after El Salvador became the first country to adopt the digital coin as legal tender. In a statement to the press, Dmitry Peskov revealed he is convinced that such a move would not bring any benefits...
Edward Snowden Says Competing Nations Now Under Pressure to Acquire Bitcoin Following El Salvador
8.9.2021
Following El Salvador making bitcoin legal tender, privacy activist and whistleblower Edward Snowden says, “there is now pressure on competing nations to acquire bitcoin — even if only as a reserve asset.” He warned, “Latecomers may regret hesitating.” Edward...
Bitcoin Crashes After El Salvador Declares Bitcoin as Legal Tender
8.9.2021
With El Salvador becoming the first country in the world to accept Bitcoin as a legal currency, speculation is rife that other countries, particularly Latin American ones, may follow suit. Yesterday, El Salvador became the first ever country to accept Bitcoin as an official currency. The trial...
Bitcoin Accepted in Starbucks, McDonald's, and Everywhere in El Salvador
8.9.2021
="_blank" rel="noopener noreferrer" href="https://cryptonews.com/news/bitcoin-becomes-legal-tender-with-unfriendly-welcome-by-apple-google.htm">initial teething issues on app stores and marketplaces to rocket to the top of the Apple store’s finance app download list – a fact that was immediately
First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country’s BTC Stash Grows
8.9.2021
Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin Law taking effect. On Tuesday, President Nayib Bukele said El Salvador bought the dip. El Salvador Buys...
September 7 is 'Bitcoin Day' in El Salvador as BTC becomes legal tender
7.9.2021
El Salvador’s Bitcoin Day is marred by operational headaches as the state’s BTC wallet servers go offline
Russia not ready to accept Bitcoin as legal tender, says Kremlin
7.9.2021
The Russian government keeps insisting that payments in cryptocurrencies like Bitcoin would ruin its financial system
Bitcoin Becomes Legal Tender With Unfriendly Welcome by Apple & Google
7.9.2021
dnight has passed in El Salvador, where it is now September 7, the day when the law making BTC legal tender promulgates.Yesterday, Bukele took to Twitter to first warn of “incomi
El Salvador Starts Mass Buying Bitcoin Ahead of BTC Becoming Legal Tender Tomorrow
6.9.2021
Bitcoin will become legal tender in El Salvador on Tuesday, Sept. 7. The Salvadoran government has started buying bitcoin ahead of the law taking effect. The first 200 coins have been purchased and “a lot more” are coming, said President Nayib Bukele. El Salvador Begins Mass Buying...
’30for30′ Bitcoin Solidarity With El Salvador Trend Tries to Convince People to Buy $30 in BTC Tomorrow
6.9.2021
It’s a big day for El Salvador this Tuesday, as the country’s new legal tender law will be enforced. A great number of bitcoin supporters have plans to purchase $30 worth of bitcoin to show support for the upcoming implementation of the bitcoin tender law. The $30 increment...
BTC becomes legal tender in El Salvador: 5 things to watch in Bitcoin this week
6.9.2021
It's a bullish leap of faith as Monday begins with Bitcoin above $51,000 resistance and set to become an official national currency for the first time ever
Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed
5.9.2021
Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in...
Bitcoin Legal Tender in 7 Days: El Salvador Publishes Video Explaining What to Expect
31.8.2021
Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law enters into force. The video features the government’s fee-free crypto wallet, Chivo. Government’s...
Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet
30.8.2021
The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. Five-Stage Launch According to a Nairametrics...
IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender
30.8.2021
The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” The crypto community disagrees. IMF Claims Bitcoin Is Privately Issued Crypto With...
Buying Bitcoin and Ether Just Got Easier in Honduras With Cryptocurrency ATM
29.8.2021
A cryptocurrency ATM has been installed in Honduras where users can buy bitcoin and ether. According to reports, this is the first crypto ATM in the country. Honduras borders El Salvador, where bitcoin is set to become legal tender in a little over a week. Cryptocurrency ATM in Honduras...
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
17.8.2021
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will...
President of Argentina Open to Adopting Cryptocurrencies as Legal Tender
16.8.2021
Alberto Fernandez, the president of Argentina, stated he is open to the adoption of cryptocurrencies as legal tender in an interview this week. Fernandez said there is a big discussion around the value and use of cryptocurrencies not only in Argentina but also all over the world. However,...
Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador
3.8.2021
Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings...