Central African Republic to launch official crypto hub ‘Sango’
The Central African Republic prepares to launch its first major crypto hub shortly after the National Assembly adopted Bitcoin as legal tender. Go to Source Powered by WPeMatico
El Salvador
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El Salvador’s Bitcoin play: What does the current slump mean for adoption?
Despite all of the existing volatility, El Salvador’s move to legalize BTC has helped pave the way for a digital future helmed by crypto assets. Go to Source Powered by WPeMatico
Central bankers bellow Bitcoin on El Salvador’s Bitcoin Beach
On day three of El Salvador’s financial inclusion and funding for SMEs conference, Bitcoin has stolen the show. Go to Source Powered by WPeMatico
Bitcoin, Bukele and a bevy of central bankers meet in El Salvador
El Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference. Go to Source Powered by WPeMatico
Quelle surprise: Central African banks scold the CAR for Bitcoin adoption
The Central African Republic adopting crypto puts monetary stability in “peril” according to a letter from the Governor of the Bank of Central African States. Go to Source Powered by WPeMatico
El Salvador’s central bank accepts Qredo’s registration to provide crypto services
Registered Bitcoin service providers in El Salvador include Chivo, the firm behind the state-issued crypto wallets and kiosks, Paxos Trust Company, Paxful, and OpenNode. Go to Source Powered by WPeMatico
El Salvador’s Bitcoin Volcano Bonds Launch Still on Hold, According to Treasury Minister
The date of the launch of the Salvadoran bitcoin bonds, the instrument that would serve to build the announced Salvadoran Bitcoin City, is still unknown. Announced to be released earlier this year, the launch has been affected by the current war in Ukraine, and the deceleration of global markets. According to Treasury Minister Alejandro Zelaya, … Read more
El Salvador Bitcoin wallet shows ‘strong sign of adoption,’ exec says
The Mexican Bitso exchange has been providing its custody and exchange services to Chivo so that the government of El Salvador can buy Bitcoin. Go to Source Powered by WPeMatico
“DeFi is not decentralized at all,” says former Blockstream executive
Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization. Go to Source Powered by WPeMatico
Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador
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: Only 4 out of 10 Salvadorans Use … Read more
