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

March 17, 2024 Bitcoin.com

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 fiat currencies.” The bitcoins acquired from El Salvador’s daily purchases are also deposited into the same wallet address used for the […]

Japanese Investment Firm Metaplanet’s Bitcoin Holdings Grow To Reach 0.01% of Total BTC Supply

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

March 16, 2024 Bitcoin.com

bitcoin countries

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 balance totals approximately 5,690 bitcoins. El Salvador Establishes Its First ‘Bitcoin Piggy Bank’ El Salvador’s President Nayib Bukele announced […]

Japanese Investment Firm Metaplanet’s Bitcoin Holdings Grow To Reach 0.01% of Total BTC Supply

Arizona Senator Launches Bill to Make Bitcoin Legal Tender

January 27, 2023 Bitcoin.com

Arizona crypto bills

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 freedom,” the lawmaker said. Arizona Lawmaker Wants to Make Bitcoin Legal Tender Arizona State Senator Wendy Rogers […]

Japanese Investment Firm Metaplanet’s Bitcoin Holdings Grow To Reach 0.01% of Total BTC Supply

Report: Central African Republic Postpones Sango Coin Listing

December 29, 2022 Bitcoin.com

Africa

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 promoting the token has reportedly said. The decision to delay the listing of the coin […]

Japanese Investment Firm Metaplanet’s Bitcoin Holdings Grow To Reach 0.01% of Total BTC Supply

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

November 24, 2022 Bitcoin.com

Africa

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 reiterated the IMF’s belief that risks to a country are “much greater if crypto is […]

Japanese Investment Firm Metaplanet’s Bitcoin Holdings Grow To Reach 0.01% of Total BTC Supply

Report: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations

July 31, 2022 Bitcoin.com

Bank of Central African States (BCAS)

A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had expressed its “commitment to the single currency and respect for the statutes of the […]

Japanese Investment Firm Metaplanet’s Bitcoin Holdings Grow To Reach 0.01% of Total BTC Supply

Call for Creation of Common African Digital Currency, Kenyan Activists Turn to Crypto Funding, Ghana on the Brink

July 29, 2022 Bitcoin.com

Africa

In Bitcoin.com News’ inaugural newsletter featuring the biggest crypto and economic news stories from Africa, the head of an African regional central bank, Herve Ndoba, implores the bank’s board to introduce a common digital currency. At the same time, the regional bank warned that the Central African Republic’s bitcoin law is incompatible with regional laws. […]

Japanese Investment Firm Metaplanet’s Bitcoin Holdings Grow To Reach 0.01% of Total BTC Supply

Head of African Regional Central Bank Calls for Creation of Digital Currency

July 25, 2022 Bitcoin.com

Bank of Central African States (BCAS)

The head of the Bank of Central African States (BCAS), Herve Ndoba, has told the regional central bank’s board that it must create a common digital currency which will be used by six countries belonging to the Central African Monetary Union (CAMU). Ndoba reportedly wants the BCAS to establish a common legal framework for regulating […]

Japanese Investment Firm Metaplanet’s Bitcoin Holdings Grow To Reach 0.01% of Total BTC Supply

Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’

June 22, 2022 Bitcoin.com

bitcoin legal tender

In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that “mathematics don’t account for human emotions.” According to Touadéra, the country’s future generations are likely to applaud his government for “choosing the right path during […]

Japanese Investment Firm Metaplanet’s Bitcoin Holdings Grow To Reach 0.01% of Total BTC Supply

Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now

May 23, 2022 Bitcoin.com

bitcoin el salvador

The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize education that helps the population to familiarize itself with cryptocurrency basics. The CAR’s […]

bitcoin legal tender

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