According to CryptoWhale, Bitcoin transactions in El Salvador have plunged 89% recently. The staunch Bitcoin critic, who is also ironically an investor, is noting that it is indicative of El Salvadorans…
Tender
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- Bitcoin
IMF Strikes Back! Warns El Salvador against the use of Bitcoin as Legal Tender
by Mikiby MikiThe International Monetary Fund (IMF) took yet another anti-crypto stance, this time around, by warning El Salvador of its Bitcoin Legal Tender posing a potential threat to financial stability. In…
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- Bitcoin
El Salvador Creates History by Integrating Bitcoin as Legal Tender, Buys $21 Million in BTC
by Mikiby MikiEl Salvador, the Central American nation created history again today after it finally integrated Bitcoin ($BTC) as legal tender in the country. The country has passed a Bitcoin law back…
- All Alt Coin
Government in Cuba Looking to Recognize Cryptocurrencies as Legal Tender
by Mikiby MikiThis policy shift is a direct response to the growing demand for digital currencies in the region. The government of Cuba has announced it will now recognize cryptocurrencies as a…
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Two International Monetary Fund (IMF) officials criticize Monday without name and shame that the adoption of Bitcoin as legal tender in some countries would be risky and “could be dire”…
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UN’s regional commission, the Economic Commission for Latin America and the Caribbean (ECLAC) has shown apprehension on El Salvador’s Bitcoin incorporation as a Legal Tender. With this ECLAC has joined…
- Blockchain
El Salvador Airdrops $30 for Bitcoin Handout, BTC Will Become Legal Tender in September
by Mikiby MikiEl Salvador President Nayib Bukelet announced Bitcoin (BTC) would become another legal tender, effective on September 7. The government is also giving a cash handout by offering $30 in Bitcoin to the public. Bitcoin…
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South American nation Paraguay has introduced a bill in its national assembly to make Bitcoin a legal tender, trailing the path of El Salvador. Congressman Carlitos Rejala introduced the Paraguayan…