The bitcoin downtrend has no doubt rocked investors to their core. This is evidenced by the decline of the Fear & Greed Index into the extreme fear territory, reaching as low as 11 on the scale. I...
Tag: Urges
The IMF Urges El Salvador to Abandon Bitcoin as Legal Tender
The International Monetary Fund (IMF) is concerned about risks related to El Salvador’s issuance of bitcoin-backed bonds, urging El Salvador to terminate bitcoin as legal tender as soon as possible. I...
IMF Urges El Salvador to Abandon Using Bitcoin as Legal Tender
The executive board of the International Monetary Fund (IMF) has recommended El Salvador to ditch the use of Bitcoin cryptocurrency as a legal tender in the country. Such recommendations by IMF direct...
IMF Urges El Salvador to Drop Bitcoin as Currency, Citing Financial Stability Risks
The International Monetary Fund is urging El Salvador to stop using Bitcoin as legal tender citing financial stability risks. In a statement on Jan 25, the IMF acknowledged that El Salvador is “reboun...
Elon Musk Urges McDonald’s to Accept Dogecoin, Promises to Eat Happy Meal on TV
Alex Dovbnya Tesla CEO Elon Musk is attempting to persuade McDonald’s to accept Dogecoin Tesla CEO Elon Musk has taken to Twitter to announce that he will eat McDonald’s Happy Meal if the ...
IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status
The executive board of the International Monetary Fund recommended that El Salvador discontinue the use of bitcoin (BTC) as legal tender in in the country due to the financial risks and liabilities cr...
Dogefather urges the fast food giant to accept Dogecoin payments
Dogecoin payments should be accepted by McDonald’s as per Elon Musk Elon Musk is ready to eat a happy meal on tv if the fast food giant, McDonald’s accepts Dogecoin payments The cryptosphere have noti...
IMF Urges El Salvador to Remove Bitcoin as Legal Tender
The International Monetary Fund (IMF) has urged the government of El Salvador to narrow the scope of the newly established Bitcoin Law and remove bitcoin as a legal tender. In a press release publishe...
IMF urges El Salvador to remove Bitcoin’s status as legal tender
Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender. The IMF reported on Tuesday that though digital pa...
Drop bitcoin as legal tender, IMF urges El Salvador
A woman vends by a sign that reads, “Bitcoin accepted here”, outside a store where the cryptocurrency is accepted as a payment method in San Salvador, El Salvador September 24, 2021. Jose ...
IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo Wallet – Bitcoin News
The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador to discontinue its bitcoin tender status....
DOGE Spikes 10% As Elon Musk Urges World’s Largest Restaurant Chain McDonald’s To Accept Dogecoin ⋆ ZyCrypto
Advertisement     Key Takeaways Elon Musk adds his voice to call for McDonald’s to accept DOGE. The billionaire CEO promises to eat a McDonald’s happy meal on TV if th...
European Markets Regulator Urges The EU To Ban Proof-of-Work Bitcoin Mining
Proof-of-work bitcoin mining should be banned, according to the vice chair of the European Securities and Markets Authority. Erik Thedéen suggested that European authorities explore prohibiting proof-...
Australia’s Top Financial Regulator Urges Investors Not to Put All Their Money Into Crypto
Alex Dovbnya The head of the ASIC is urging investors not to bet everything on crypto Australian Securities and Investments Commission chair Joseph Longo has urged investors not to bet their farm on c...
EU Regulator Urges Proof-of-Work Ban
Key Takeaways Erik Thedéen, the vice-chair of the European Securities and Markets Authority, has called for a ban on Proof-of-Work mining. Thedéen has also expressed concerns over crypto miners increa...
EU Securities Watchdog Urges Regulators To Ban Proof-of-Work Mining Used By Bitcoin ⋆ ZyCrypto
Advertisement     One key official in the European Securities and Markets Authority (ESMA) is calling for a prohibition of proof-of-work mining, a computationally inte...
BIS Chief Urges Trust in Central Banks
Key Takeaways The general manager of the Bank for International Settlements, Agustín Carstens, has said that the soul of money is trust. According to him, this trust can never be outsourced and automa...
Modi Urges Global Effort to Deal with Crypto, Indian Crypto Sector Remains in Uncertainty
The Indian prime minister has called for a collective global effort to tackle the challenges posed by cryptocurrencies as the country’s crypto sector remains in uncertainty. “The kind of t...
Singapore Urges Local Crypto Companies to Refrain From Promoting Digital Assets: Report
The city-state’s central bank – the Monetary Authority of Singapore (MAS) – reportedly issued guidelines that limit crypto trading service providers from promoting such assets. The financial instituti...
Acting OCC Comptroller Urges Regulators to Collaborate with Crypto Intermediaries
Despite incessant backlash from regulators in the United States, the adoption and growth of digital currencies have been steady over the past few years. Considering this position, Michael J. Hsu, the ...
Pakistan central bank urges ban on crypto
According to a report submitted to the Sindh High Court (SHC) on Wednesday, the federal government and the State Bank of Pakistan are urging an outright ban on transacting in all cryptocurrencies. As ...
U.S. Congressman Urges Fed Not to Issue CBDC for Individuals
Minnesota Congressman Tom Emmer has introduced a bill prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) to individuals. The pro-crypto politician does not want the Am...
Ripple’s Top Lawyer Urges SEC to Move Case as Swiftly as Possible
Alex Dovbnya Ripple’s Stuart Alderoty is not a fan of the SEC’s football metaphor In a recent Twitter thread, Ripple general counsel Stuart Alderoty accused the U.S. Securities and Exchange Commission...
FTX founder urges regulators to create a unified crypto framework
Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, reportedly called out regulators to create a single framework for digital assets in the Asian Financial Forum, an event organized by Hong...