Ukraine is the latest country to put down new official cryptocurrency-related rulings as it moves toward legitimizing the digital currency, CNBC reported. The Ukranian parliament unanimously passed a law legalizing crypto, which will now be sent to the desk of President Volodymyr Zelenskyy, according to...
Panama may become the next country to make digital currency official for everyday use if a bill proposed by Congressman Gabriel Silva is passed, BeInCrypto reported. The bill would make bitcoin a national alternative payment method. On Twitter, Silva said the “Crypto Law,” as he...
El Salvador adopting bitcoin as an official legal tender has had an adverse effect on the coin’s value, sending it falling 10 percent, CNBC writes. El Salvador was the first country to adopt bitcoin as official legal tender. But it sent the price of the...
MVB Bank is working with Victor Technologies (a subsidiary of MVB Edge Ventures) and bitcoin-focused tech and finance firm NYDIG on integrating bitcoin into the banking-as-a-service solutions offered by MVB, a press release says. “On today’s rapidly changing financial frontier, we are proud to partner...
McDonald’s El Salvador will now be accepting bitcoin payments in partnership with bitcoin payment processor OpenNode, according to a press release. Such payments will be enabled via the Bitcoin Lightning Network and available at all 19 El Salvador McDonald’s locations. “We are incredibly excited to...
Aside from being the first country in the world to adopt bitcoin as legal tender, El Salvador’s move on Tuesday (Sept. 7) was monumental in several ways. It triggered a four-month-high price surge on Monday (Sept. 6), a Twitter campaign, a Reddit rally, and then...
El Salvador became the world’s first country to accept bitcoin as legal tender on Tuesday (Sept. 7) and marked the occasion by purchasing about $21 million of the digital currency, President Nayib Bukele said on Twitter. In several tweets, Bukele said that the country purchased...
Charles Randell, head of the U.K. Financial Conduct Authority (FCA), has said regulators in the country should be given more power to protect consumers from shady cryptocurrency investments promoted online. Randell, according to a report by Financial Times (FT), said it would take time to...
As the government in El Salvador readies to adopt bitcoin as legal tender on Tuesday (Sept. 7), a poll by the Central American University (UCA) shows that almost 70 percent of residents are not happy about it, Reuters and other media reported on Friday (Sept....