legal tender
Russian Regulators Find Common Ground — Bitcoin Can’t Be Used for Payments
Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other operations with digital assets are to be legalized and regulated, representatives of Russian business have revealed. Russian Central Bank, Finance Ministry Agree to […]Bank of Zambia Expects to Complete CBDC Study in Q4
The Bank of Zambia has said it expects to complete its study seeking to determine the feasibility of launching a Central Bank Digital Currency (CBDC), before the end of the last quarter of 2022. Narrowing the Financial Exclusion Gap The Zambian central bank has said it expects to complete a research study that explores the […]India’s Finance Secretary Says Crypto Will Never Be Legal Tender
Arizona State Senator Submits More Pro-Crypto Proposals
State Senator Introduces Bill To Make Bitcoin (BTC) Legal Tender in Arizona
A Republican state senator wants to make Bitcoin (BTC) legal tender in Arizona. Arizona Sixth Legislative District Representative Wendy Rogers has introduced a flurry of crypto-related bills in the past few weeks, including one that would add BTC to the state’s list of things defined as legal tender. Rogers also introduced a bill that would […]
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Arizona Bill Aims to Make Bitcoin Legal Tender
Thailand Announces Cryptocurrency Will Be Regulated as Means of Payment
Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential impacts on the country’s financial stability and economic system.” The announcement was issued by the Bank of Thailand, the Thai Securities and Exchange Commission, and the Ministry of Finance. Cryptocurrency Will Be a Means of […]Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament
The Kingdom of Tonga may adopt bitcoin as legal tender, according to a former member of Tonga’s parliament, Lord Fusitu’a, who tweeted about a possible timeline for this event to occur. Fusitu’a believes that by next fall a bill will be passed by Tonga’s parliament and bitcoin could be legal tender in the region by […]Working Group Meets to Prepare Regulations for Cryptocurrencies in Russia
A crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively regulate cryptocurrencies and related matters in the Russian Federation. Working Group Gathers at State Duma to Draft Crypto Regulations Lawmakers, government officials, and experts have met at the lower house […]