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Putin Signs Law Prohibiting Payments With Digital Assets in Russia

Putin Signs Law Prohibiting Payments With Digital Assets in RussiaPresident Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use of DFAs, a legal category currently covering cryptocurrencies, as “monetary surrogates.” President Putin Approves Legislation Banning Digital Asset Payments in Russian Federation Russian President Vladimir […]

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Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico

Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in MexicoIndira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education. However, the Central Bank of Mexico has been against the introduction of bitcoin into […]

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Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased

Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports BiasedAlejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC — had not been sold. He also qualified the […]

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Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments

Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto PaymentsAmid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with the digital assets. The monetary authority also warned that crypto payments are illegal in the Kyrgyz Republic. National Bank of Kyrgyzstan Urges Caution With Cryptocurrency Cryptocurrencies and other virtual assets are increasingly spreading in Kyrgyzstan, […]

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Panama Lawmakers Pass Bill That Will Regulate Bitcoin (BTC) and Eight Other Cryptos

Panama Lawmakers Pass Bill That Will Regulate Bitcoin (BTC) and Eight Other Cryptos

Legislators in Panama are passing a new bill that regulates the use of leading digital asset Bitcoin (BTC) and eight other crypto assets. According to Panamanian Congressman Gabriel Silva, the Central American nation has passed legislation that permits unlimited use of nine cryptocurrencies as a means of payment for individuals, banks, and other businesses. “Crypto […]

The post Panama Lawmakers Pass Bill That Will Regulate Bitcoin (BTC) and Eight Other Cryptos appeared first on The Daily Hodl.

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Bitcoin As Legal Tender? These Countries Are Next After El Salvador and CAR, Says deVere Group CEO

Bitcoin As Legal Tender? These Countries Are Next After El Salvador and CAR, Says deVere Group CEO

Financial advisory firm deVere Group CEO Nigel Green expects that at least two more nations will adopt Bitcoin (BTC) as legal tender before the end of the year. In a new company blog post, Green follows up on his January prediction after news broke that the Central African Republic this week became the world’s second […]

The post Bitcoin As Legal Tender? These Countries Are Next After El Salvador and CAR, Says deVere Group CEO appeared first on The Daily Hodl.

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Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex

Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in ForexThe Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a month after Ghana’s currency was rated the worst performing among Africa’s top currencies. Violators Face Possible Prison Time The Ghanaian central bank has […]

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Central Bank of Honduras Discredits Bitcoin Legal Tender Speculation

Central Bank of Honduras Discredits Bitcoin Legal Tender SpeculationOn March 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The announcement, posted via Honduras’ central bank official Twitter account, comes after lots of speculation about the Honduran president, Xiomara Castro, allegedly going to declare bitcoin […]

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