July 23, 2024
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Panama Postpones Crypto Legalization

President Laurentino Cortizo of Panama warned on Thursday that he will not sign the proposed crypto bill into law until it has rigorous anti-money laundering provisions. The ruling put pressure on cryptocurrency exchanges and businesses who were already planning to enter the industry. Panama’s parliamentary assembly enacted a measure last month regulating cryptocurrency use and

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President Zelensky of Ukraine signs a legal framework for cryptocurrency

A new law issued by Ukraine’s President, Volodymyr Zelensky, on Wednesday clarified the legal status of cryptoassets. According to Ukraine’s Ministry of Digital Transformation, the law establishes a legislative framework for the creation of a legal market for digital assets. Ukraine’s “virtual assets” bill comes as crypto donations continue to pour into the country in

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The city of Lugano in Switzerland has made Bitcoin and Tether legal tender

Paolo Ardoino, CTO of Bitfinex and Tether, just tweeted that Lugano, one of Switzerland’s main financial centers. So, has now made Bitcoin and Tether legal tender. Individuals will be able to use these enormous cryptocurrencies to pay for goods and services in the city as a result of this. Ardoino stated that further information will

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Mexico is considering making Bitcoin an official tender, according to the analyst…

The first point to mention is that a Mexican senator, Indira Kempis, aims to present a draft bill to legalize Bitcoin in Mexico, based on El Salvador’s own crypto bill. It should be highlighted that Bitcoin is still a long way from being legal tender in Mexico. However, Anthony Pompliano, an investing analyst and commentator,

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El Salvador President Heaps Up 420 Bitcoin As Market Corrects

Nayib Bukele is the president and self-described “Emperor of El Salvador,”. More so, He is taking advantage of market’s drop in Bitcoin prices to add up his country’s BTC reserves. Furthermore, Bukele announces on Twitter in that he had bought the proverbial dip. Of course, this is as BTC touches an all-time high above $67,000

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El Salvador Set To Use Bitcoin Gains To Build A Pet Hospital

El Salvador President Nayib Bukele is set to take some of the country’s $4 million profit from its Bitcoin investment and erect a massive pet hospital.More so, this is coming after the country is seeing massive returns from its dip buying. Furthermore, El Salvador Bukele declares plans to use the profits of his country’s BTC

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Tonga Parliament May Be Eyeing Bitcoin As Legal Tender, After El Salvador

A politician in Tonga is working on a bill that will allow bitcoin as legal tender in Tonga. Additionally, Lord Fusitu’a, Tongan MP is the politician working on this bill to make Bitcoin a legal tender. Fusitu’a notes that the country’s parliament in May 2022 will receive a Bill, while in an interview with Financial

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El Salvador: Despite the cryptocurrency’s adoption, the opposition is rising

The recent uptake by billionaires and the intention of El Salvador is to make Bitcoin (BTC) legal money. The year 2021 is likely to go down in history as one of Bitcoin’s (BTC) most intriguing years. In the case of El Salvador, it appears as though the entire world is waiting to see if the

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Bitcoin Now Legalized in Ukraine

The Ukrainian Parliament passed a law that legalizes and regulates bitcoin in the country. Recall, The bill drafted in 2020 and has passed with a total of 276 lawmakers supporting the law. However, The votes against the bill were just six. This bill will bring transparency on the asset and protect bitcoin owners. Also, Kyiv

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Bitcoin News

Peter McCormack interview with the President

Peter McCormack tweeted that he was honored to be invited to the El Salvadorian Presidential Palace. He met the president Nayib Bukele. They discussed several aspects of Bitcoin. Moreover, they also discussed volcano mining and various opportunities for the people of this great country. Peter says that the project is the real deal. El Salvador

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