Search Results for “legal tender”

Survey: Most Salvadorans Still Not Convinced About Bitcoin as Legal Tender

May 30, 2022 admin Bitcoin, Cryptocurrency, El Salvador, Francisco Gavidia University, IMF, Nayib Bukele, News, Salvadorans, salvadoreans, Survey

A survey conducted recently by the Center for Citizen Studies of the Francisco Gavidia University, a private institution in El

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Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador

April 27, 2022 admin $30 Bitcoin Bonus, Bitcoin, Bitcoin (BTC), Bitcoin adoption, BTC adoption, Chivo, chivo wallet, Cryptocurrency, currencies, data, El Salvador, medium of exchange, NBER study, NBER’s findings, News, Research, Researchers, Salvadoran, Salvadoran government, Stats, working paper, working study

According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the

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IMF Voices Concerns Over El Salvador Making Bitcoin Legal Tender

June 11, 2021 admin bitcoin legal tender, Bitcoin mining, El Salvador, el salvador bitcoin, IMF, imf caution, imf warning, Regulation

The International Monetary Fund (IMF) has warned of “a number of macroeconomic, financial and legal issues” surrounding El Salvador making

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Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

June 24, 2022 admin Aksakov, Anatoly Aksakov, bill, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, DFAs, Digital Assets, draft law, Exchange, fines, issuance, Law, Legislation, penalties, Regulation, Regulations, Russia, russian

A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the

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Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’

May 4, 2021 admin Bank of Ghana, crypto warning, cryptocurrency transactions, Deputy Director-General, Fintech, Ghana, Ghana Securities and Exchange Commission, legal tender, Paul Ababio, Regulation, SEC

Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country to avoid cryptocurrency transactions of any

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New York Considers Bill to Establish Cryptocurrency as a Form of Payment for State Agencies

January 28, 2023 admin accept cryptocurrencies, New York Assembly bill, New York bill, Regulation, state agencies, state agencies accept crypto

A bill has been introduced in the U.S. state of New York to allow state agencies to accept cryptocurrency payments,

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Report: Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022

January 24, 2023 admin Bitcoin Holders, bitcoin owners, crypto holders, crypto owners, Crypto.com, cryptocurrency holders, cryptocurrency owners, Featured, global crypto owners, number of bitcoin owners, number of crypto owners, number of ether owners, number of ethereum owners

Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a

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Mexican CBDC Unlikely to Be Ready by 2024

January 8, 2023 admin banks, banxico, BIS, CBDC, Cryptocurrencies, Economics, launch date, legal tender, mexican cbdc, mexican government, Mexico, Victoria Rodríguez Ceja

The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced

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Reviewing El Salvador’s Bukele Predictions for 2022: What Went Wrong?

January 2, 2023 admin 2022, Bitcoin City, Bitcoin conference, Bitcoin Price, El Salvador, ftx, gang violence, geothermal energy, legal tender, Nayib Bukele, News, Predictions, preditions, volcano bonds

Nayib Bukele, president of El Salvador and die-hard Bitcoin enthusiast, formulated a series of predictions about the behavior of bitcoin

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Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils

November 2, 2022 admin bill, Crypto, crypto mining, Cryptocurrencies, Cryptocurrency, cryptocurrency mining, digital coins, draft law, Law, lawmaker, lawmakers, legalization, Legislation, Mining, minting, parliament, Russia, russian, State Duma, Taxation

Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the

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Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation, monetary debasement, bank freezes, and
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8
LIVE: Watch stocks trade in real time as First Republic’s slide rattles Wall Street — 3/17/2023
The Dow Jones Industrial Average fell Friday as investors remained skittish on First Republic and other banks amid the industry’s crisis. First Republic slid 20% despite gaining nearly 10% in the previous session. The stock got a boost Thursday when a group of banks said it would aid First Republic with $30 billion in deposits
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in
We’re in the middle of the banking crisis, says Odeon’s Dick Bove
Dick Bove of Odeon Capital, Herb Greenberg of Empire Financial Research and Liz Hoffman, Semafor business and finance editor, join CNBC's Brian Sullivan and 'Last Call' to discuss the recent banking crisis and how it could impact the Fed's rate decision next week.