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“My prediction is that by the end of next year, we’ll have at least five countries that accept Bitcoin as legal tender. All of them will be developing countries,” the BitMEX CEO wrote. High inflation ...
See: 10 Major Companies That Accept Bitcoin Find: Bitcoin and Crypto Taxes in 2022: What You Need To Know While adoption by a small central American country isn’t enough to cement Bitcoin’s ...
El Salvador is beginning efforts to accept bitcoin as legal tender — making it the first ever sovereign nation to do so. President Nayib Bukele announced that he would introduce legislation to ...
Jon Quast: El Salvador made Bitcoin legal tender in 2021 alongside the U.S. dollar. The country actually owns 2,300 Bitcoins, but the idea is businesses are supposed to, I think things are still ...
Thailand's proposed crypto sandbox allows foreign tourists to convert cryptocurrencies into Thai baht for local spending.
El Salvador became the first country to adopt Bitcoin as legal tender after lawmakers voted to approve a proposal by the country's President Nayib Bukele.The Central American country's Congress ...
The small country of 5.5 million people recently made headlines for making Bitcoin legal tender. On April 27, The Central African Republic's parliament voted unanimously to make Bitcoin ( BTC -1. ...
While not officially on the Bitcoin legal tender train, there are some areas that effectively treat BTC as such. Honduras has 10 million citizens, with one place standing out from.
On the first day of 2022, Bukele tweeted that bitcoin will reach $100,000 and two more countries will adopt it as legal tender. Last month, the country's tourism ministry said the adoption of ...
Remittances, inflation, and politics will prompt at least five developing countries to accept BTC as legal tender by the end of 2022, says Alexander Höptner.
One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...
A recent poll by the Universidad Centroamericana José Simeón Cañas, a Jesuit college based in El Salvador, found that 67.9% of people disagreed with the decision to make Bitcoin legal tender.