Tag: Bitcoin Law

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

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

Aruanne: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations

A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central banks assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had......

Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Päevad

The Central African Republics token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed......

Aruanne: IMF väidab, et Kesk-Aafrika Vabariigi Bitcoini kasutuselevõtt kujutab endast riske

The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region......

El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender

El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The countrys finance minister reportedlyangrily” ütles, “No international organization is going to make us do anything, anything at all.El Salvador Says......

Salvadoran Court of Accounts to Investigate Government’s Bitcoin ATM Buys, Chivo Kiosk Construction

According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the governments bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption......