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Tether CEO Teases AI-Powered Tools Including Bitcoin Wallet AssistantÂ
Tether CEO  Paolo Ardonio teased the arrival of the AI Bitcoin wallet assistant in a 48-second-long clip shared on X. The demonstration of the 'Tether Payment Agent’ showed a user fetching their Bitcoin wallet address by simply typing out the requirement.  Â
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El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
The IMF asked El Salvador to limit its engagement with Bitcoin in order to receive a loan of $1.4 billion (roughly Rs. 12,129 crore). To align with IMF’s condition, El Salvador has made BTC payments voluntary for local merchants in the private sector.
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El Salvador President 'Flexes' Country's Portfolio After Bitcoin Crosses $100,000. Internet Reacts
Billionaire Elon Musk reacted to El Salvador President Nayib Bukle's post on X (formerly Twitter), flexing the bitcoin holdings.
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IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure
IMF spokesperson Julie Kozack has said that El Salvador should narrow the scope of the Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.
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How A Taxi Driver In El Salvador Got Rich With Bitcoin
Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador.
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El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants
Over 80,000 Salvadoran civil servants are set up to be trained in efficiently using Bitcoin-related technology and upon completion of the training, these officials will be provided with a certification.
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Jack Dorsey-Backed Bitcoin Miner ‘Ocean’ Moves Headquarters to El Salvador
Ocean, a Bitcoin mining pool backed by Jack Dorsey, has established its global headquarters in El Salvador. In the coming months, Ocean plans to bring awareness and training programmes around Bitcoin to the Salvadoran citizens.
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Argentina Authorities Discuss Bitcoin Adoption Strategy, Experience With Counterparts From El Salvador
Last week, senior leadership of the Argentinian National Securities Commission (CNV) had a meeting with El Salvador’s National Digital Assets Commission (CNAD) to assess the impact of adopting Bitcoin on the economy that it may have observed in the last few years.
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IMF Withholding Financial Aid for El Salvador Due to Its Bitcoin Alliance: Report
The IMF has asked El Salvador to change its policies around Bitcoin in order to get the aid of $1.4 billion that it needs to expedite public debt payments and other financial obligations.
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‘Freedom Visa’: What is El Salvador’s New Plan to Boost Tourism, Revenue Via BTC
El Salvador’s National Bitcoin Office (ONBTC) has announced a new initiative called the Freedom Visa. Through this, El Salvador will grant a residency visa to those willing to donate a million-dollar worth of Bitcoin or Tether into the national treasury.
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IMF Fears Zimbabwe’s Plan to Launch Gold-Backed Digital Asset Could Trigger Financial Instability
The authorities of the International Monetary Fund (IMF) have reached out to the regulators of Zimbabwe advising them against issuing a gold-back digital asset to fight against the rising inflation. Zimbabwe is considering the launch of this stablecoin in order to reduce its dependency on the US dollar amid back-to-back interest rate hikes in the U...
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Bitcoin Usage in El Salvador Down from Last Year, Crypto Remittances Drop by 18 Percent
Data from the Salvadoran Central Reserve Bank (BCR) has revealed that BTC-based remittances have slipped by 17.8 percent around January and February this year. In the first two month of 2022, El Salvador had bagged $19.45 million (roughly Rs. 160 crore) in remittances received as Bitcoin tokens. Whereas this year, during the same months, the amount...
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El Salvador Begins Granting Licences to Crypto Firms, Bitfinix Becomes First Beneficiary
Bitfinex has become the first crypto firm to have secured an official licence from El Salvador to operate as a digital asset service provider in the nation. El Salvador mandated licencing for crypto firms this January, in order to bring more regulations to govern the crypto-related activities transpiring within its territory.
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What is the Hyperbitcoinization Theory: Explained
The hyperbitcoinization theory suggests that there could come a point in the future where fiat currencies would be deemed unsustainable, and Bitcoin would become the hardest form of money. The theory was coined by veteran Bitcoin supporter, Daniel Krawisz in 2014.
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El Salvador Set to Open Bitcoin Embassy in Texas: Details Here
Milena Mayorga, the Salvadoran ambassador to the US recently met with Jose Esparza, the Deputy Secretary of State, Texas to discuss plans to launch a Bitcoin Embassy in Texas. The authorities from both regions are looking to join forces to drive crypto adoption.
-
Tether CEO Teases AI-Powered Tools Including Bitcoin Wallet AssistantÂ
Tether CEO  Paolo Ardonio teased the arrival of the AI Bitcoin wallet assistant in a 48-second-long clip shared on X. The demonstration of the 'Tether Payment Agent’ showed a user fetching their Bitcoin wallet address by simply typing out the requirement.  Â
-
El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
The IMF asked El Salvador to limit its engagement with Bitcoin in order to receive a loan of $1.4 billion (roughly Rs. 12,129 crore). To align with IMF’s condition, El Salvador has made BTC payments voluntary for local merchants in the private sector.
-
El Salvador President 'Flexes' Country's Portfolio After Bitcoin Crosses $100,000. Internet Reacts
Billionaire Elon Musk reacted to El Salvador President Nayib Bukle's post on X (formerly Twitter), flexing the bitcoin holdings.
-
IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure
IMF spokesperson Julie Kozack has said that El Salvador should narrow the scope of the Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.
-
How A Taxi Driver In El Salvador Got Rich With Bitcoin
Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador.
-
El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants
Over 80,000 Salvadoran civil servants are set up to be trained in efficiently using Bitcoin-related technology and upon completion of the training, these officials will be provided with a certification.
-
Jack Dorsey-Backed Bitcoin Miner ‘Ocean’ Moves Headquarters to El Salvador
Ocean, a Bitcoin mining pool backed by Jack Dorsey, has established its global headquarters in El Salvador. In the coming months, Ocean plans to bring awareness and training programmes around Bitcoin to the Salvadoran citizens.
-
Argentina Authorities Discuss Bitcoin Adoption Strategy, Experience With Counterparts From El Salvador
Last week, senior leadership of the Argentinian National Securities Commission (CNV) had a meeting with El Salvador’s National Digital Assets Commission (CNAD) to assess the impact of adopting Bitcoin on the economy that it may have observed in the last few years.
-
IMF Withholding Financial Aid for El Salvador Due to Its Bitcoin Alliance: Report
The IMF has asked El Salvador to change its policies around Bitcoin in order to get the aid of $1.4 billion that it needs to expedite public debt payments and other financial obligations.
-
‘Freedom Visa’: What is El Salvador’s New Plan to Boost Tourism, Revenue Via BTC
El Salvador’s National Bitcoin Office (ONBTC) has announced a new initiative called the Freedom Visa. Through this, El Salvador will grant a residency visa to those willing to donate a million-dollar worth of Bitcoin or Tether into the national treasury.
-
IMF Fears Zimbabwe’s Plan to Launch Gold-Backed Digital Asset Could Trigger Financial Instability
The authorities of the International Monetary Fund (IMF) have reached out to the regulators of Zimbabwe advising them against issuing a gold-back digital asset to fight against the rising inflation. Zimbabwe is considering the launch of this stablecoin in order to reduce its dependency on the US dollar amid back-to-back interest rate hikes in the U...
-
Bitcoin Usage in El Salvador Down from Last Year, Crypto Remittances Drop by 18 Percent
Data from the Salvadoran Central Reserve Bank (BCR) has revealed that BTC-based remittances have slipped by 17.8 percent around January and February this year. In the first two month of 2022, El Salvador had bagged $19.45 million (roughly Rs. 160 crore) in remittances received as Bitcoin tokens. Whereas this year, during the same months, the amount...
-
El Salvador Begins Granting Licences to Crypto Firms, Bitfinix Becomes First Beneficiary
Bitfinex has become the first crypto firm to have secured an official licence from El Salvador to operate as a digital asset service provider in the nation. El Salvador mandated licencing for crypto firms this January, in order to bring more regulations to govern the crypto-related activities transpiring within its territory.
-
What is the Hyperbitcoinization Theory: Explained
The hyperbitcoinization theory suggests that there could come a point in the future where fiat currencies would be deemed unsustainable, and Bitcoin would become the hardest form of money. The theory was coined by veteran Bitcoin supporter, Daniel Krawisz in 2014.
-
El Salvador Set to Open Bitcoin Embassy in Texas: Details Here
Milena Mayorga, the Salvadoran ambassador to the US recently met with Jose Esparza, the Deputy Secretary of State, Texas to discuss plans to launch a Bitcoin Embassy in Texas. The authorities from both regions are looking to join forces to drive crypto adoption.
