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Nalezeno "President": 1960

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

24.10.2021
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies....

Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets

17.10.2021
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces...

President of Mexico Denies Having Interest in Adopting Bitcoin as Legal Tender

17.10.2021
The President of Mexico, Andres Manuel Lopez Obrador, denied having any interest in adopting cryptocurrencies as legal tender in the country. The statements, offered in a press conference in the National Palace this week, also confirmed that the Mexican government will keep dealing with...

Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value

16.10.2021
Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s too early to do that in oil trade. While noting that it lacks backing, the Russian...

Nigerian Presidency: Vice President Yemi Osinbajo Against ‘Willy-Nilly Devaluation of the Naira’

15.10.2021
The Nigerian presidency has denied reports that the country’s Vice President (VP), Yemi Osinbajo, was calling for the devaluation of the local currency when he recently questioned the naira’s official exchange rate. The Huge Arbitrage In fact, according to a report that quotes Laolu...

Mexico's president rules out accepting crypto as legal tender

14.10.2021
The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject

Zimbabwean Dollar Could Collapse, Business Lobby Warns

14.10.2021
A Zimbabwean business lobby group, the Confederation of Zimbabwe Industries (CZI), has warned that the country’s currency could collapse if authorities fail to “implement policy measures that are needed to support it.” Central Bank Approach Unsettling the Market In a letter...

St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation

14.10.2021
St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible...

Nigerian Vice President Says Current Naira Exchange Rate ‘Artificially Low’

12.10.2021
Nigerian Vice President Yemi Osinbajo recently warned that the country’s official naira exchange rate of N411 for every dollar is artificially low. This exchange rate, according to Osinbajo, discourages foreign exchange entrance into the country. Naira Exchange Rate Must Reflect Realities...

Salvadoran President Nayib Bukele Announces Construction of Vet Hospital With Bitcoin Trust Funds

11.10.2021
Nayib Bukele, president of El Salvador, announced yesterday he will start using surplus funds from the country’s bitcoin trust. Part of the $4 million excedent will be invested in a vet hospital that will offer different services for the pets of Salvadoran citizens. Bukele explained this...

Ukraine President Zelensky Returns Law ‘On Virtual Assets’ to Parliament

7.10.2021
The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the country’s legislature. The head of state has come up with his own suggestions and opposed the establishment of a new regulatory body that would require additional...

Ukrainian president returns virtual asset bill to parliament for revision

6.10.2021
Volodymyr Zelensky did not object to the bill's fundamental principles, but opposed the idea of creating a new watchdog agency

Donald Trump on Crypto: ‘I Don’t Want Other Currencies Coming Out and Hurting the Dollar’

4.10.2021
Former U.S. President Donald Trump has commented on the growing popularity of cryptocurrencies and the crypto crackdown by the Chinese government. He reiterated his anti-crypto stance: “I don’t want to have other currencies coming out and hurting or demeaning the dollar in...

Salvadoran President Nayib Bukele Says Citizens Paying for Gas With the Chivo Wallet Will Get a Discount

3.10.2021
The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country. Chivo wallet users paying for fuel will save $0.20 per gallon using the government’s crypto wallet. Salvadoran...

Joe Biden: US Bringing 30 Countries Together to Stop ‘Illicit Use of Cryptocurrency’

3.10.2021
President Joe Biden says that the U.S. will bring together 30 countries to stop “the illicit use of cryptocurrency.” The United States is “partnering closely with nations around the world” to respond to the cybersecurity threats, Biden further said. US Will Bring...

First Volcano Bitcoin Mined, Says El Salvador’s President

1.10.2021
BTC is not new. After he declared the cryptocurrency legal tender in June with the country passing the Bitcoin Bill, Bukele followed it up with 

Salvadoran President Shares Video of Volcano-Powered Bitcoin Mining Facility

29.9.2021
On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the volcano-powered bitcoin mining on June 9 when he talked about the “95MW of 100% clean, 0 emissions geothermal energy from our volcanos.”...