Russia is not ready for digital currency payments, Kremlin says
A representative of President Vladimir Putin put it beyond doubt that Russia doesn’t intend to reverse the digital currency payments ban, let alone make it legal tender.
Latest El Salvador News
Panama wants to legalize digital currencies in new bill
A Panamanian lawmaker has introduced a new bill seeking to legalize and regulate digital currencies in the country, following the steps of El Salvador.
El Salvador, BTC and fascism
When it was announced that El Salvador would be using “bitcoin” as legal tender in the third world nation and that businesses would be forced to accept it as payment small blockers jumped for joy, Kurt Wuckert Jr. writes.
El Salvador residents in fresh protests against BTC imposition
Salvadorians have held their ground and rejected the imposition of BTC as legal tender, with fresh protests breaking out a week before Bitcoin Law takes effect.
The CoinGeek Pulse Episode 58: El Salvador flip-flops on BTC, Fed turns sights on stablecoins, CryptoFights hits 2M transactions
The world’s first country to adopt BTC as legal tender is now preparing for its rollout this coming September but pulls back from requiring the nation’s residents from using the digital currency.
El Salvador publishes draft regulations for banks handling BTC
Banco Central de Reserva, the central bank of El Salvador, has published two draft documents pertaining to the offering of BTC products in the country.
The CoinGeek Pulse Episode 52: UN commission warns El Salvador on BTC, TikTok banks crypto promotions, and Satoshi Block Dojo’s quest for BSV ideas
A United Nations commission weighs in on El Salvador’s move to accept BTC as legal tender, warning the Latin country of economic, financial and legal challenges ahead.
Here’s a closer look at El Salvador’s BTC decision
What looks like a progressive, innovative move at first glance is actually riddled with drawbacks that will most likely prevent BTC from being used as intended by El Salvador President Nayib Bukele.
World Bank denies support to El Salvador for making BTC legal tender
A spokesperson for the World Bank reportedly said there are too many ‘shortcomings’ in BTC for this to be something they would be willing to assist with in implementation.
Crypto Crime Cartel: Tether using its stablecoin scam to exploit El Salvador
As time goes on, we see two things from Tether: more evidence that USDT is unbacked, and an increasing reliance on Tether throughout the industry and beyond it. The month of June has been no exception.
CFO leaves Binance as exchange wades through regulatory hurdles
Binance has lost its top bean counter just as regulatory headwinds threaten to blow the troubled cryptocurrency exchange off its pedestal.
El Salvador lawmakers vote to make BTC legal tender
Lawmakers in El Salvador voted—with 62 out of 84 votes—in favor of President Nayib Bukele's proposal to create a law that will pave the way towards adopting BTC.