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New York Fed president says crypto poses challenging questions for central banks
28.6.2021
John Williams responded to a presentation from Mark Carney, the former head of the Bank of Canada and Bank of England, about the potential for issuing central bank digital currencies
Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’
28.6.2021
In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on...
Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets
27.6.2021
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins...
Athena Bitcoin to Install 1,500 Bitcoin ATMs in El Salvador as BTC Becomes Legal Tender
25.6.2021
Bitcoin ATM operator Athena Bitcoin has unveiled its plan to install 1,500 bitcoin ATMs in El Salvador. Initially, the company will install dozens of machines as a test. El Salvador President Nayib Bukele wants 1,500 bitcoin ATMs installed and Athena Bitcoin said, “we will go for that, but...
Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet
25.6.2021
El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency’s use as legal tender in the economy and to give people an incentive to use the government’s official wallet application. $30 in Free Bitcoin The president of El Salvador, Nayib Bukele...
Former NYSE President Says for Bitcoin to Exceed Gold It Needs to Be Accepted More as Currency
24.6.2021
On June 24, the CEO of Far Peak Acquisition Corp. and former New York Stock Exchange (NYSE) president, Thomas Farley discussed the future of bitcoin and gold on the CNBC broadcast Squawk Box. Farley is optimistic about the leading crypto asset but he doesn’t believe it will surpass...
Nicolas Maduro States Venezuela Pioneered Crypto Adoption in South America as Petro Use Flounders
22.6.2021
President Nicolas Maduro stated that Venezuela was a pioneer in cryptocurrency adoption in Latam in an interview with Bloomberg last week. Venezuela is still one of the first cryptocurrency volume movers in South America. However, the petro token, its official cryptocurrency, has failed to pick...
Minneapolis Fed President Neel Kashkari calls DOGE a ponzi
20.6.2021
The central banker previously referred to cryptocurrencies as a “giant garbage dumpster.”
Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures
19.6.2021
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service...
Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender
17.6.2021
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. Central American Bank for Economic Integration...
Tunisian Minister Says He Plans to ‘Decriminalize’ the Buying of Bitcoin
16.6.2021
After reports that Tanzanian President Samia Hassan had asked her finance chief to look into cryptocurrencies, Tunisia has become the latest African country to signal a willingness to embrace digital assets. According to remarks attributed to Ali Kooli, Tunisia’s economy minister, the North...
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...