Bitcoin adoption as a legal tender could spiral to a new high as several governments around the world are already looking at the practicality of adopting the flagship digital asset within their jurisd...
Tag: Tender
Tonga planning to adopt Bitcoin as legal tender in Q2 2023
A former member of parliament in Tonga, Lord Fusitu’a, has given the timeline for when the country will adopt Bitcoin as legal tender. Fusitu’a, a renowned supporter of the cryptocurrency sector, has ...
Mexico Senator Proposes Bitcoin Legal Tender Bill—But It’s Unlikely to Pass
In brief Indira Kempis is pro-Bitcoin. Mexico’s president is not. Moreover, Kempis is a member of an opposition party, so her efforts are less likely to gain traction. Indira Kempis, a senator f...
Mexican Senator to Propose Law Making Bitcoin Legal Tender: Report
A Mexican senator says she will propose a new law to make top crypto asset Bitcoin (BTC) legal tender in Mexico after a visit to Central American nation El Salvador. Indira Kempis, who represents the ...
‘We need Bitcoin as legal tender’
Amid El Salvador reporting on cases of the positive impact of the country’s Bitcoin (BTC) adoption, a government official in Mexico has once again urged that the country should follow El Salvador’s ex...
El Salvador Tourism Increases 30% Since Bitcoin Became Legal Tender
Tourism in El Salvador has increased by 30% since bitcoin was introduced as legal tender. on Sept 7, 2021. The country’s Minister of Tourism revealed the information, saying that there was an increase...
El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender – Coinotizia
El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with m...
El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender – Featured Bitcoin News
El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with m...
El Salvador Tourism Sector Surges 30%, Benefit from Adopting Bitcoin as Legal Tender
El Salvador is leaping the dividends of making Bitcoin (BTC) legal tender, given that the nation’s tourism industry has recorded a 30% surge since this milestone was attained in September 2021. Moren...
California Lawmaker Proposes New Bill to Adopt BTC as Legal Tender – crypto.news
On Feb 19, 2022, Political advisor Ian C.Calderon tweeted that he and BTC expert Dennis Porter were working on a Bipartisan legislature. He said he introduced a bill that seeks to make BTC a legal ten...
The dominoes are falling, California to considering Bitcoin as legal tender
Political advisor Ian Calderon and self-described Bitcoiner Dennis Porter are planning to introduce a bill making Bitcoin legal tender in the state of California. Together, @Dennis_Porter_ and I are w...
US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender – Bitcoin News
Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money la...
El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender – Coinotizia
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organi...
Sanctions May Be The Driving Force For An Increased Number Of Countries Adopting Bitcoin As Legal Tender ⋆ ZyCrypto
Advertisement     Bitcoin has come a long way from being a fringe asset to being adopted by an entire country. However, it still has a lot to do for nation-states to b...
India Will Never Accept Cryptocurrency As Legal Tender, Says Finance Secretary
India’s Finance Secretary T.V. Somanathan warned on Wednesday that private digital money will never be recognized as legal tender in the country. Only the Reserve Bank of India’s digital currency is r...
India Declares That Bitcoin Will Never Be Legal Tender In Its Country
The government of India has stated that cryptocurrencies will never be considered as legal tender. India’s finance secretary, T.V. Somanathan, clarified while speaking with Asia News International tod...
India’s Finance Secretary Says Crypto Will Never Be Legal Tender
Key Takeaways T.V. Somanathan, Finance Secretary of India, has said that crypto assets like BTC, ETH, and NFTs will never become legal tender. He also said that the Reserve Bank of India would never d...
Bitcoin, Ether, and NFTs will ‘never become legal tender’ in India, says Finance Secretary
T.V. Somanathan, the finance secretary for the Indian government, is reportedly pushing back against the narrative cryptocurrencies will be widely accepted in the country — by dismissing the possibili...
Bitcoin and Ethereum Will Never Become Legal Tender in India, Says Finance Secretary
Alex Dovbnya India’s finance secretary has definitively rejected the idea of making Bitcoin and Ethereum legal tender India’s Finance, Secretary T. V. Somanathan, has dashed whatever slim ...
El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender – Regulation Bitcoin News
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organi...
El Salvador rejects IMF’s proposal to remove Bitcoin as a legal tender
TL/DR: Breakdown El Salvador Finance minister firmly dismissed IMFs bid to drop Bitcoin as a legal tender. The IMF stated that Bitcoin could cause financial instabillity, amongst others. El Salvador i...
Unpacking Arizona's Bitcoin Legal Tender Proposal
This episode is sponsored by Nexo, Abra and FTX US. Download this episode On today’s episode, NLW looks at a proposal moving through Arizona’s state Senate to make bitcoin legal tender. He explores: T...
Arizona State Senator proposes the use of Bitcoin (BTC) as legal tender
The senator for Arizona, Wendy Rodgers, has introduced a bill that intends to make Bitcoin (BTC/USD) legal tender. While the state law could allow this, there could be major hurdles in the federal law...
Arizona State Senator Proposes a Bill to Make Bitcoin Legal Tender
A state senator has introduced a bill in Arizona that seeks to make bitcoin a legal tender. Although the US federal law doesn’t allow the states to create their currencies, the bill may spark an inter...
Arizona State Senator introduces bill to make Bitcoin a legal tender
Wendy Rogers, a Republican state senator recently introduced a bill regarding the adoption of Bitcoin as a legal tender in Arizona. The bill might face issues and barriers due to U.S. constitutional l...
Arizona introducing bill to accept Bitcoin as legal tender
TL;DR Breakdown A state senator introduces a bill to make Bitcoin a legal tender in Arizona. Federal law puts hurdles and complications in its passing. The US Constitution does not allow individual st...
Costs of Making Bitcoin Legal Tender Exceed Potential Benefits – Regulation Bitcoin News
The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF...
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 pa...
Arizona Senator Introduces Bill to Make Bitcoin Legal Tender
Sen. Wendy Rogers’ new proposal to institute Bitcoin as legal tender may be problematic, as the U.S. Constitution does not permit a state to create its own legal tender. Arizona State Senator Wendy Ro...
Newly Introduced Bill Would Make Arizona First-Ever U.S. State To Declare Bitcoin Legal Tender ⋆ ZyCrypto
Advertisement     A senator from Arizona has introduced a bill that would allow the state to adopt bitcoin as legal tender. The bill, if passed, would require citizens...
Bitcoin a legal tender in Arizona? Here’s why that will be a tough nut to crack
The oldest digital currency in the crypto market by Market Cap – Bitcoin, yet to become a legal tender in many countries. However, with the rising crypto market, smaller countries began to accept it ...