Malaysian deputy finance minister responds to proposal to legalize Bitcoin
Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn’t want to adopt crypto for payments. Go to Source Powered by WPeMatico
El Salvador
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Salvadoran Bitcoin Bonds Might Be Issued by State Geothermal Company La Geo, Delays Possible
The treasury minister of El Salvador, Alejandro Zelaya, has informed about the future of the issuance of the bitcoin bonds and the possibility of these being issued by La Geo, the national geothermal power company. Zelaya also referred to the day of issuance of these instruments, hinting at a possible delay that would see the … Read more
El Salvador postpones Bitcoin bonds to September: Report
Apart from delaying the issuance of Bitcoin bonds, the Salvadoran government has apparently slowed down the pace of buying new BTC as well. Go to Source Powered by WPeMatico
El Salvador seems to delay its ‘volcano bonds’ launch
The government has repeatedly announced that the launch would take off by March 20 but apparently failed to deliver it. Go to Source Powered by WPeMatico
14% of Salvadoran businesses have transacted in BTC: Chamber of Commerce
El Salvador made history in September 2021 by becoming the first country to officially recognize Bitcoin as legal tender. Go to Source Powered by WPeMatico
Skybridge Capital Founder: Bitcoin Will Be Legal Tender in Many Latin American Countries
The founder of Skybridge Capital has predicted that “bitcoin will be used by many Latin American countries as legal tender over time, not just El Salvador.” He recently doubled down on his $100K bitcoin price prediction but does not currently see the cryptocurrency as a hedge against inflation. Bitcoin Will Be Legal Tender in Many … Read more
Two years since the Covid crash: 5 things to know in Bitcoin this week
It’s been two years since BTC/USD crashed to $3,600, and it is trading over ten times higher — but clouds, as ever, are looming large. Go to Source Powered by WPeMatico
Tonga’s timeline for Bitcoin as legal tender and BTC mining with volcanoes
The tiny Pacific nation of Tonga could have Bitcoin as legal tender by Q2 and Bitcoin mining by Q3 of 2023. Go to Source Powered by WPeMatico
Mexican senator to propose crypto law: ‘We need Bitcoin as legal tender’
Indira Kempis, a senator representing Nuevo León state in Mexico, works on a crypto bill based on El Salvador’s Bitcoin Law. Go to Source Powered by WPeMatico
El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender
El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with more partners anywhere in the world,” the Salvadoran government explained. El Salvador’s Economy Boosted by Bitcoin Law The Salvadoran government has outlined some economic benefits resulting … Read more
