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Tanzanian President Wants Central Bank Chiefs to ‘Prepare for Cryptocurrency’
15.6.2021
Tanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging fintech by paving the way for cryptocurrencies. She also urged the country’s central bank to begin the necessary preparations for a step-change in global attitudes towards banking. However, in her address...
Economists Want El Salvador Bitcoin Law Repealed, but President Wins Key Ally
15.6.2021
El Salvador is edging ever closer to fulfilling its President Nayib Bukele’s Bitcoin (BTC) dreams – with external help on its way, although voices of disdain continue to warn of impending financial peril if Bukele gets his way.
Per Reuters and AFP (via El Economista), the head of the Central...
Tanzanian president urges central bank to prepare for crypto
14.6.2021
Tanzania’s president wants the country’s central bank to begin exploring Bitcoin and digital assets
Christine Lagarde Reaffirms ECB’s Crypto Policy as Bitcoin Becomes Legal Tender in El Salvador
14.6.2021
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. ECB’s Lagarde Comments on El Salvador Making Bitcoin...
IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin
10.6.2021
The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender
Understanding What Turned El Salvador’s President Bukele on to Bitcoin
10.6.2021
Nayib Bukele. Source: A screenshot, Instagram/nayibbukele
It’s February 3, 2019, and the world’s media is reporting that Nayib Bukele, “the Latin American Donald Trump,” has just swept to power in El Salvador’s presidential elections. Turns out this is some pretty lazy reporting: Yes, Bukele is...
El Salvador to Mine Bitcoin With Energy From Volcanoes: ‘100% Clean, 100% Renewable, 0 Emissions’
10.6.2021
El Salvador has begun exploring bitcoin mining using energy from its volcanoes, President Nayib Bukele has revealed. “Our engineers just informed me that they dug a new well that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos,”...
El Salvador's president wants to build volcano-powered crypto miners
9.6.2021
Bitcoin is heating up — some may say erupting — as the Latin American country plans to tap energy from volcanoes for mining the cryptocurrency
Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible
9.6.2021
Iranian president Hassan Rouhani discussed cryptocurrencies at the most recent meeting of the government’s Economic Coordination Board and told participants that regulatory policy is needed to protect consumers. Rouhani believes the Iranian government should “communicate the necessary...
Iranian president calls for legal framework for crypto trading
9.6.2021
Iran President Hassan Rouhani wants to protect national interests regarding crypto
El Salvador Bitcoin Law Making BTC Legal Tender Passes With Supermajority
9.6.2021
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private...
El Salvador President: Bitcoin law will be approved tonight
9.6.2021
President Nayib Bukele’s Bitcoin Law will reportedly be passed in the Salvadorian congress tonight
White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin
8.6.2021
Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who is known as a prominent big tech critic, has in the past questioned the value of bitcoin....
Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation
8.6.2021
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to be the currency of the world. He calls bitcoin a scam and wants cryptocurrency to be very heavily regulated. Trump Thinks Bitcoin Is a Scam, Wants Heavy...
El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
7.6.2021
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted...
Biden to discuss crypto’s role in ransomware attacks at G7, says national security adviser
7.6.2021
The U.S. president has rarely made public statements on crypto and blockchain, though officials in his administration are reportedly reviewing current regulations
Bitcoin users will get help relocating and working in El Salvador: President
7.6.2021
Nayib Bukele says he wants to help entrepreneurs embrace El Salvador as a base, with Bitcoin free from capital gains tax
El Salvador’s President Nayib Bukele Plans to Declare Bitcoin Legal Tender Next Week
6.6.2021
At the Bitcoin 2021 conference in Miami, El Salvador’s president, Nayib Bukele, appeared via a Zoom presentation and noted that he plans to submit a bill next week that recognizes bitcoin as legal tender. Bukele revealed a partnership with the company Strike, a bitcoin payments firm launched...
Biden Makes Cryptocurrency a Focus of New Anti-Corruption Directive for National Security
4.6.2021
Cryptocurrency is a point of focus in President Joe Biden’s new directive aimed at combating corruption as a core national security interest of the U.S. An official of the Biden administration says that major parts of the directive will focus on cryptocurrency and cybercrime. Crypto a Focus...
Relief Payments Coming? 80 Legislators Press Biden Administration for a Fourth Round of Stimulus
1.6.2021
Rumors of a fourth and possible fifth round of direct stimulus checks have become a hot conversation topic this week, as lawmakers are urging the President to act. Over 80 U.S. legislators have sent letters to President Joe Biden and Vice President Kamala Harris asking the administration to push...