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Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency
28.4.2022
Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency. First Country in Africa to Officially Adopt Bitcoin A press statement supposedly...
Are Crypto ‘Legal Tender’ Laws Even Necessary?
27.4.2022
Central African Republic will adopt Bitcoin as legal tender: Report
27.4.2022
The African nation will reportedly join a short list of countries to adopt cryptocurrency as legal tender
Central African Republic Has Adopted Bitcoin as Legal Tender - Reports
27.4.2022
The Central African Republic (CAR) has seemingly confirmed reports that it has adopted bitcoin (BTC) as legal tender – becoming only the second country in the world and the first African nation to do so.
Per reports from the French media outlets AFP and RFI, as well as Le Figaro, the CAR’s...
Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador
27.4.2022
According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study:...
Central African Republic Adopts Bitcoin as Legal Tender
27.4.2022
Central African Republic has adopted Bitcoin as legal currency, according to president's office
Unearthing the Truth About Central African Republic ‘Bitcoin Legal Tender’ Reports
25.4.2022
Confusion reigns as reports in the international press have variously claimed that the Central African Republic (CAR) has “adopted bitcoin (BTC)” as “legal tender” – while other media outlets appear to suggest that the country has actually done nothing of the sort, and instead approved a legal...
From beer to Bitcoin as legal tender: a BTC education in Roatán
21.4.2022
How a small-scale Bitcoin education project involving a former brewery collided with plans for Bitcoin as de facto legal tender
No Truth in Reports that Russia’s Finance Ministry Wants Crypto to Become ‘Legal Tender’
18.4.2022
Reports stating that the Russian Ministry of Finance now “recommends using cryptocurrencies as legal tender” appear to be very wide of the mark.
A number of crypto-related media outlets have made the claim that the ministry has pushed for a move that would put tokens on the same footing as...
Making Bitcoin legal tender is Mexico will be 'an uphill battle,' says Ricardo Salinas
15.4.2022
Billionaire and Bitcoin advocate, Ricardo Salinas
Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex
12.4.2022
The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a month after Ghana’s currency was rated the worst performing among Africa’s...
Crypto-Friendly Special Economic Zone in Honduras Adopts Bitcoin as Legal Tender
9.4.2022
A crypto-friendly special economic zone in Honduras has adopted bitcoin as legal tender, allowing the cryptocurrency to be used to pay taxes and fees. In addition, bitcoin bonds can be issued within its jurisdiction using “world-class standards for AML and KYC.” Bitcoin Operates...
Bitcoin Lags Behind Ethereum & Altcoins Despite Strike, Robinhood, and Legal Tender News
8.4.2022
The bitcoin (BTC) price lagged behind ethereum (ETH) and other major altcoins today, despite a series of bullish news announcements coming from the Bitcoin 2022 conference in Miami, USA.
At 09:50 UTC on Friday, BTC stood at USD 43,644, up just 0.6% for the past 24 hours and down 4% for the past...
Tourism Minister of El Salvador Reiterates Effect Bitcoin Has Had on the Sector
5.4.2022
Morena Valdez, the tourism minister of El Salvador, has spoken on the recovery the tourism sector of the country has reportedly experienced even after the Covid-19 pandemic. According to Valdez’s statements, tourism has greatly benefited from the introduction of bitcoin as legal tender...
Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says
26.3.2022
Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,” he said. Bitcoin Will Not Be Legal Tender...
US Senate Committee Advances Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender
25.3.2022
The Senate bill to mitigate the risks from El Salvador adopting bitcoin as legal tender has advanced in the U.S. “As El Salvador has adopted bitcoin as legal tender, it’s critical we mitigate risks to our financial system,” said one of the U.S. lawmakers who introduced...
Central Bank of Honduras Discredits Bitcoin Legal Tender Speculation
25.3.2022
On March 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The announcement, posted via Honduras’ central bank official Twitter account, comes after lots...
Bitcoin is 'not regulated' — Honduras' central bank pushes back against legal tender rumors
23.3.2022
The central bank said “for the time being” Bitcoin was not regulated in the country, but it was exploring the feasibility of introducing a CBDC
Honduras’ Central Bank Debunks Bitcoin as Legal Tender Rumors
23.3.2022
The BCH is, however, studying the feasibility of a central bank digital currency (CBDC)
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector
22.3.2022
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central bank, Bank Negara Malaysia, and the Securities Commission. Malaysian Ministry...