Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists
Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local...
Russia Not Ready for Bitcoin as Legal Tender, Putin’s Spokesman Peskov Says
Russia has no reason to recognize bitcoin, President Putin’s press secretary has noted after El Salvador became the first country to adopt the digital coin...
Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet
The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition,...
President of Argentina Open to Adopting Cryptocurrencies as Legal Tender
Alberto Fernandez, the president of Argentina, stated he is open to the adoption of cryptocurrencies as legal tender in an interview this week. Fernandez said...
Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to...
Paraguayan Lawmakers Present a Very Different ‘Bitcoin Bill’ Than Expected
A group of Paraguayan lawmakers presented a ‘Bitcoin bill’ in the National Congress last week, but it turned out to be a very different proposal...
Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin ‘Continues to Hold $30K’
The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at times for correctly predicting the...
Rwanda Central Bank Joins CBDC Bandwagon After Announcing Digital Currency Research
The National Bank of Rwanda (NBR) has become the latest African central bank to join the digital currency movement after an employee confirmed the institution...
Tanzanian President Wants Central Bank Chiefs to ‘Prepare for Cryptocurrency’
Tanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging fintech by paving the way for cryptocurrencies. She also urged the...
El Salvador’s President Nayib Bukele Plans to Declare Bitcoin Legal Tender Next Week
At the Bitcoin 2021 conference in Miami, El Salvador’s president, Nayib Bukele, appeared via a Zoom presentation and noted that he plans to submit a...