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Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’
20.6.2021
The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as legal tender and says it could “completely...
Solving These 7 Challenges Would Accelerate Bitcoin Adoption
20.6.2021
There are seven important challenges that are currently standing in the way of bitcoin (BTC) adoption, according to the Miami BTC conference participants speaking to Cryptonews.com – and yet, BTC is likely to see greater consumer and business adoption, which would also help its price.
Bitcoin...
An asset for all classes: What to expect from Bitcoin as a legal tender
17.6.2021
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?
Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law
15.6.2021
A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also reportedly expressed interest...
El Salvador's Bitcoin adoption may jeopardize IMF negotiations: JPMorgan
11.6.2021
JP Morgan says that El Salvador's decision to adopt Bitcoin as legal tender is of little economic benefit
El Salvador's Bitcoin adoption an 'interesting experiment,' says BIS exec
11.6.2021
El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers, this time from the Bank for International Settlements
El Salvador, Paraguay Bitcoin Adoption News Galvanizes Crypto World
7.6.2021
Nayib Bukele has updated his Twitter profile picture with this edited photograph. Source: Twitter/@nayibbukele
Crypto’s center of gravity could take a dramatic shift – after a series of developments spearheaded by politicians in Latin America suggested that the region could be ready to open up...
Chinese Economist Says if Bitcoin Is Widely Adopted: ‘We’re All Going to Die, This Is Not a Joke’
31.5.2021
A Chinese economist and assistant director at the International Monetary Institute of Renmin University, Qu Qiang, has predicted that “We’re all going to die” if bitcoin becomes widely adopted as a currency. He foresees our society falling into “a death spiral...
American convenience store chain now accepts Bitcoin payments
28.5.2021
Mid-Atlantic convenience store giant Sheetz is set to accept Bitcoin and crypto payments across its outlets
Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot
24.5.2021
Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for...
US banks to allow Bitcoin trading in 2021, says NYDIG execs
5.5.2021
U.S. lenders are keen to get in on the crypto trading action and could soon allow customers to buy Bitcoin right from their accounts
Possible Bitcoin treasury adoption as more companies cite inflation concerns
27.4.2021
Bitcoin is likely a topic of conversation among the treasury department of many U.S. companies amid rising inflation
Fund Manager Bill Miller Says Bitcoin Is Not a Bubble — BTC Entering Mainstream as Demand Grows Faster Than Supply
26.4.2021
Bill Miller, the founder and chief investment officer of Miller Value Partners, does not think bitcoin is a bubble. Instead, he said it is at the beginning of mainstream adoption. Remaining bullish on the cryptocurrency, the famed value investor explained that bitcoin’s price will rise as...
Another US City Aims to Become Bitcoin Hub — Exploring BTC Payroll, Mining, Holding Crypto in Balance Sheet
23.4.2021
Another U.S. city, besides Miami, is looking to become a bitcoin hub. The mayor of the city of Jackson TN says that his city is exploring payroll conversions in crypto in addition to bitcoin mining to add the cryptocurrency to its balance sheet. Jackson TN Looking to Become a Bitcoin Hub Mayor...
Fidelity Says Bitcoin Adoption Will Keep Accelerating — ‘We’ve Reached a Tipping Point’
9.4.2021
Fidelity’s head of digital assets says that bitcoin adoption will continue “at an accelerated pace,” noting that “we’ve reached a tipping point.” He explained that investors are increasingly drawn to bitcoin “Particularly, in an environment where...
Music Company Founded by Dr. Luke Enables Bitcoin Payments for Songwriters and Producers
3.4.2021
Bitcoin mainstream adoption is not limited to celebrities endorsing the cryptocurrency via social media or interviews on TV. The music industry is also interested in joining the bandwagon, with an independent publishing company recently enabling bitcoin payments. Bitcoin Adoption Comes in Response...
Teletubbies hint at becoming the next Bitcoiners
31.3.2021
A tweet with a Bitcoin hashtag from the British television series has piqued the interest of many in the crypto space
Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments
30.3.2021
Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Company Expects to Cut Dependency...
Coinbase handled trades and custody for Meitu's $90M crypto investment
24.3.2021
Meitu CFO Gary Ngan said the firm would have faced difficulties acquiring crypto on its own as a listed company
Would a US wealth tax push millionaires to Bitcoin adoption?
18.3.2021
There are ways in which a tax on the ultra-wealthy could nudge them toward crypto, but hiding assets is not one of them