The latest update from Zimbabwe authorities has confirmed that the government is in consultation with the private market to legally adopt crypto payment services. According to local news, the exclusive Computer Society of Zimbabwe information communication technologies Summit saw the Permanent Secretary and Head of e-government Technology Unit in the Office of the President, Charles
Bancoagrícola, the largest financial institution in El Salvador announced that it has enabled bitcoin payments for consumers. The bank in collaboration with the New York-based leading payment network, Flexa will facilitate BTC payments through a mobile app. Bancoagrícola is currently accepting bitcoin (BTC) to pay for loans, credit cards, and merchant goods and services, in
Panama is reportedly working on a crypto regulation that might legalize Bitcoin ($BTC) and Ethereum ($ETH) as legal modes of payment. Panamanian Congressman Gabriel Silva took to Twitter to announce that they have introduced a Crypto Law in the parliament in hopes of making the country compatible with blockchain and crypto assets and bringing more
A recent poll by the Central American University (UCA), a Jesuit university based in El Salvador, revealed that the majority of Salvadorans are against Bitcoin (BTC) legal tender adoption in the nation. While the massive 67.9% out of the 1,281 surveyed, had displayed strong disagreement with the use of bitcoin as a legal tender. At
It’s just a matter of a few days and Bitcoin will become a legal tender in the Latin American country of El Salvador. The preparations for the same are currently on track. The pro-Bitcoin El Salvador President Nayib Bukele announced that his country will open 200 Bitcoin ATMs and 50 Bitcoin Kiosks by September 7.
El Salvador created history on June 9 this year after passing a bill to make Bitcoin a legal tender. The small Central American nation has now released the first regulatory draft for banks under the Bitcoin law that is set to come into force from September 7. Banco Central de Reserva (BCR), the Central Bank
El Salvador’s Bitcoin adoption triggered a long list of speculations about other nations joining the frenzy. Lawmakers from different Central American nations have also used it as bait to draw attention such as Paraguay. However, El Salvador’s push certainly made many countries think about making Bitcoin a legal tender, especially those struggling with a financial crisis
El Salvador the first country to make Bitcoin a legal tender on June 9 is all set to airdrop bitcoin for citizens to promote its use. President Nayib Bukele in a state address announced they would be airdropping $30 worth of Bitcoin for every registered user in association with a mobile wallet service provider Chivo.
Nayib Bukele, the President of El Salvador took to Twitter to give a sneak peek into the upcoming Bitcoin mining setup that will be powered by volcanos. Salvador became the first country in the world to make Bitcoin a legal tender earlier this month. The Bitcoin bill was passed by the country’s congress with a
Latin American country El Salvador is scripting a new history today! El Salvador President Nayib Bukele recently announced that the Bitcoin Law has been officially passed in the Salvadoran Congress with a strong majority of 62 votes. The #BitcoinLaw has been approved by a supermajority in the Salvadoran Congress. 62 out of 84 votes! History!