1 / 1 Relevant items tagged with #BitcoinLegalTender

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El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC ‘Becomes Unaffordable’ With Fiat Currencies, Says President Bukele

[Mar 16 7:30 PM] El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the cryptocurrency “becomes unaffordable with…

El Salvador Moves ‘Big Chunk’ of Its BTC to Cold Wallet — President Bukele Says ‘Call It Our First Bitcoin Piggy Bank’

[Mar 15 7:30 PM] El Salvador has transferred “a big chunk” of its bitcoin holdings to a cold wallet, President Nayib Bukele has announced. “You can call it our first bitcoin piggy bank,” he said. As of writing, the wallet’s…

Argentine Foreign Minister: Financial Contracts Can Now Be Denominated in BTC

[Dec 24, 2023 6:30 AM] According to Argentina’s Foreign Minister, financial contracts can now be denominated in bitcoin or any other medium of exchange that the parties to the contract so choose. In addition, debtors will be obligated to “deliver the…

Report: Operators of Central African Republic-Based Crypto Investment Firm Disappear With $1.6 Million

[Oct 24, 2023 9:30 PM] According to reports, the operators of a Central African Republic (CAR) crypto company which promised a high return on money invested have disappeared along with $1.6 million in investor funds. High-profile personalities including lawmakers and…

Arizona Senator Launches Bill to Make Bitcoin Legal Tender

[Jan 26, 2023 7:30 PM] A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is slavery. Decentralized bitcoin is…

Report: Central African Republic Postpones Sango Coin Listing

[Dec 29, 2022 5:30 AM] The Central African Republic’s plan to list the sango coin in the last quarter of 2022 has been put on hold, while the scheduled unlocking of 5% of token holders’ portfolios has similarly been postponed, a statement from the team…

IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed

[Nov 24, 2022 3:00 AM] A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post…

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