Search Results for: Nayib B Uhr

Latam-Einblicke: Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating

durch

Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech…

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

durch

According to a recent mission statement published by the International Monetary Fund (Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use…

Arizona Senator Launches Bill to Make Bitcoin Legal Tender

durch

A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is slavery. Decentralized bitcoin is freedom,” the lawmaker said….

El Salvador Approves Digital Assets Issuance Law

durch

The Legislative Assembly of El Salvador approved the Digital Assets Issuance Law, a framework that will allow the country to issue crypto-related debt instruments. The approved law, which was passed thanks to the majority that President Nayib Bukele has in Congress,…

Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’

durch

Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big recession” will take place in 2023. Speaking in an interview on…

Recent Poll Shows Citizens of El Salvador Still Not Sold on Bitcoin

durch

A recent poll completed by the Public Opinion University Institute, part of the Simeon Canas Centroamerican University, has found that El Salvador is still not attracted by the idea of bitcoin as legal tender. The poll results indicate that almost two-thirds…

Bitcoin-Embracing El Salvador President’s Re-Election Declaration Slammed

durch

Just over a year after overseeing El Salvador’s adoption of bitcoin, the Central American country’s 41-year-old president, Nayib B Uhr, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele…

Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market

durch

The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. Der Retter’s President on Bitcoin Investments The president of El Salvador, Nayib B Uhr,…

Internationaler Währungsfonds unterstützt El Salvador bei der Erstellung von Bitcoin-Adoptionsstatistiken

durch

The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the group is having talks with people of the Salvadoran government about…

El Salvador lehnt den Aufruf des IWF ab, Bitcoin als gesetzliches Zahlungsmittel aufzugeben

durch

El Salvador has rejected the recommendation by the International Monetary Fund (Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” sagte, “No international organization is going to make us do anything, anything at all.” El Salvador Says…