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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...
Stablecoins are assets — not currencies, says ECB president
2.9.2021
“Stablecoins are pretending to be a coin, but in fact it’s completely associated with an actual currency,” said Christine Lagarde
Shop.com Announces Cryptocurrency Acceptance to ‘Kick off the Next Chapter’ of Business
2.9.2021
This past weekend at the Market America Worldwide Shop.com 2021 International Convention (MAIC2021), the president of the e-commerce firm, Steve Ashley, announced Shop.com sites from around the world will be accepting cryptocurrencies via Bitpay. This means that bitcoin, ethereum, bitcoin cash,...
AOC, Pressley, Tlaib ‘Urge’ Biden to Replace Fed Chair With Someone Willing to Address ‘Climate Change’
1.9.2021
All the recent money creation from the Federal Reserve wasn’t enough, according to a few American bureaucrats, as three politicians from the House Financial Services Committee are urging U.S. president Biden to replace Fed chairman Jerome Powell with someone who will address “climate...
Belarus president Lukashenko calls on state to mine cryptocurrency
1.9.2021
Belarus has lots of abandoned industrial sites that could be used to generate revenue through cryptocurrency mining, the Belarusian president said
Former US President Donald Trump: Cryptocurrencies Are ‘a Disaster Waiting to Happen’
1.9.2021
Former U.S. President Donald Trump says cryptocurrencies are “potentially a disaster waiting to happen.” In addition, he said that they “may be fake.” His comments followed another when he said bitcoin “seemed like a scam.” Trump Is Still No Fan of Bitcoin...
Former US president calls crypto a 'disaster waiting to happen'
31.8.2021
He seemingly dismissed the crypto market's potential in favor of strengthening the U.S. dollar in a recent interview
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...
ECB Vice President States Crypto Should Be Regulated Like Other Assets
30.8.2021
European Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are. The statements were offered in a presentation given as part of the summer courses offered by the European Parliament, where De Guindos declared...
Lukashenko Urges Belarusians to Mine Cryptocurrency Rather Than Pick Strawberries Abroad
29.8.2021
President Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian leader pointed to an alternative source of income, noting there’s enough electricity in Belarus to power cryptocurrency...
El Salvador president announces infrastructure already being built ahead of country's Bitcoin adoption
23.8.2021
According to Nayib Bukele, there will be 200 ATMs and 50 branches capable of converting Bitcoin into U.S. dollars starting on Sept. 7
Brazil’s central bank president endorses crypto regulation
20.8.2021
Central bank head Roberto Campos Neto recognized the demand for greater crypto regulation as the country evolves in the market
Federal Reserve Bank President: Bitcoin Has No Legit Use Case — Crypto Is 95% Fraud, Hype, Noise, Confusion
19.8.2021
Minneapolis Federal Reserve President Neel Kashkari says crypto is “95% fraud, hype, noise, and confusion.” He added, “I’ve not seen any use case other than funding illicit activities like drugs and prostitution.” Federal Reserve Bank of Minneapolis’ President...
Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets
18.8.2021
President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a new plan to combat corruption which was recently approved by the Russian leader. Authorities...
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,...
The 50th Anniversary of ‘Nixon Shock:’ How Suspending the Dollar’s Convertibility With Gold Fueled Today’s Fiat World
15.8.2021
Approximately 50 years ago today, Americans were introduced to ‘Nixon Shock’ when the 37th president of the United States suspended the convertibility of the U.S. dollar into gold. Since this point in time, the U.S. economy has never been the same as many believe Richard Nixon ushered...
Argentina’s President Calls Crypto a ‘Hard Currency’ that Can Fight Inflation
13.8.2021
Alberto Fernández. Source: A video screenshot, Youtube/Filo News
Alberto Fernández, the President of Argentina, has made some remarkably bullish comments about crypto, noting that tokens may have the power to fight inflation and operate as “hard currency, somewhat” – although he sought to temper...
President of Argentina open to Bitcoin and a CBDC but central bank says no
13.8.2021
Argentina’s president is open to the idea of central bank digital currency but the country’s central bank head has rejected the idea
Central Bank of Argentina President Hints at Possible Regulation of Bitcoin in Payment Systems
12.8.2021
Miguel Pesce, president of the Central Bank of Argentina, hinted at some kind of regulation coming for bitcoin transactions soon. Yesterday, In a digital financial conference, Pesce also stressed that the bank was working to find effective ways of warning novice investors about the dangers...