More / Bitcoin Reddit - 3 years ago
Local newspaper just reported a breaking story: Bosnia has become the second country to adopt bitcoin as legal tender. Lawmakers voted in favor of the Bitcoin Legal Tender Law, receiving 51 out of 75 of the legislature’s vote. Developing story, stay...
More / Bitcoin Reddit - 3 years ago
The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender. It cited issues with Bitcoin’s environmental impact and transparency as reasons why it will not support El Salvador move to adopt B...
Bitcoin News / Bitcoin.com - 3 years ago
The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason.
World Bank Won’t Help El...
Cryptocoins News / The Cointelegraph - 3 years ago
New tech that reduces costs of international payments would “be a boon for poor countries that rely on remittances” — but will BTC as legal tender fix that? For much o...
Bitcoin News / Bitcoin.com - 3 years ago
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.
Cen...
Bitcoin News / Bitcoin.com - 3 years ago
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 “Bitc...
Bitcoin News / Bitcoin.com - 3 years ago
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....
Cryptocoins News / The Cointelegraph - 3 years ago
Remittance firms operating in El Salvador appear reluctant to support Bitcoin despite the country’s new law mandating the crypto asset as legal tender. Despite El Salv...
Bitcoin News / Bitcoin.com - 3 years ago
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...
More / Bitcoin Reddit - 3 years ago
So BTC is now a legal tender in the country of El Salvador in Middle America... My question is: Does this somehow change "globally" bitcoin "tax heavens"...? I mean currently there are ways for people to legally NOT pay t...
Bitcoin News / Bitcoin.com - 3 years ago
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 mak...
Cryptocoins News / CoinJournal - 3 years ago
Jack Dorsey hints Square may develop a BTC hardware wallet
Square CEO Jack Dorsey has revealed that the San Francisco-based digital payments company plans to develop a hardware Bitcoin wallet. He first mentioned the project in a tweet last Friday and...
Bitcoin News / Bitcoin.com - 3 years ago
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 meas...