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Bank of Spain Criticizes El Salvador’s Foray Into Bitcoin


The Bank of Spain, the central bank of the country, criticized the adoption process El Salvador chose when declaring Bitcoin legal tender last month. In a report titled “The role of crypto assets as legal tender: the example of El Salvador,” the bank examines several pain points...

Dollar Close to 14-Month High Against Euro Amid Inflation Fear


The US dollar recently came close to its 14-month high against the euro after energy prices surged. The surge came amid market worries about inflation while asking the Fed to normalize the policy quickly.  The currency steadied around 1.1558 dollars per euro after establishing a grip at 1.1529...

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