Bitcoin a dud in El Salvador, first country to make it legal tenderThe government of President Nayib Bukele took this pioneering step in 2021, introducing bitcoin in circulation alongside the US dollar, whi...
11 Jan, 2024, 09.29 AM IST
Binance says it is winning crypto clients thanks to inflation"Now that we are seeing inflation ramping up worldwide, we are seeing that more and more people are seeking cryptocurrency, like bitcoin, a...
11 Aug, 2022, 08.16 AM IST
Honduran special economic zone adopts Bitcoin as legal tenderIn Honduras, the Central Bank has said it cannot vouch for cryptocurrency transactions.
08 Apr, 2022, 08.18 AM IST
Should you start accepting salary in Bitcoin?Getting paid in Bitcoin or any crypto for that matter requires setting up a free account on cryptocurrency exchanges.
26 Mar, 2022, 11.42 AM IST
El Salvador turns to Binance for help on Bitcoin adoptionThe country's adoption of bitcoin has been beset by public skepticism about the cryptocurrency, which has depreciated substantially since h...
24 Mar, 2022, 07.22 AM IST
Cryptocurrencies like Bitcoin, Ethereum will never become legal tenders: Finance SecretaryPeople investing in private crypto should understand that it is does not have the authorisation of the government. There is not any guarant...
02 Feb, 2022, 06.39 PM IST
IMF recommends El Salvador not use Bitcoin as legal tenderThe IMF statement came only two days after President Nayib Bukele announced El Salvador was planning to build the world's first "bitcoin ci...
24 Nov, 2021, 07.06 AM IST
Bitcoin is barter, not money: Mexico central bank chiefDiaz de Leon pointed out that the value of cryptocurrencies have often swung wildly in a single day.
10 Sep, 2021, 01.07 PM IST
View: Did Bitcoin’s El Salvador debut dud doom crypto?Success in El Salvador may invite imitation and could prompt multinational companies such as McDonald’s Corp., for example, to build out ro...
08 Sep, 2021, 09.23 PM IST
Majority of Salvadorans do not want Bitcoin, poll showsAt least 67.9% of 1,281 people surveyed said they disagree or strongly disagree with the use of bitcoin as a legal tender, said the poll by...
03 Sep, 2021, 07.31 PM IST
Bitcoin to become legal tender in El Salvador on Sept 7El Salvador's Congress already approved President Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in ...
25 Jun, 2021, 11.25 AM IST
IMF sees legal, economic issues with El Salvador Bitcoin moveEl Salvador's law means bitcoin will have equal footing with the dollar, which became its official currency 20 years ago.
10 Jun, 2021, 08.51 PM IST
What El Salvador's bitcoin push means for the cryptocurrencyEl Salvador has become the first country in the world to adopt bitcoin as legal tender, with President Nayib Bukele touting its potential u...
10 Jun, 2021, 06.08 PM IST
El Salvador becomes first country to make bitcoin legal tenderEl Salvador's economy relies on remittances and those who are working abroad can send money back home in bitcoins.
10 Jun, 2021, 09.51 AM IST
El Salvador president wants Bitcoin as legal tenderRiding his high popularity and his party's dominance performance in Feb. 28 elections, Bukele has concentrated power. His party's supermajo...
06 Jun, 2021, 11.43 AM IST
Budget 2018: Crypto cash not legal; but wait, it’s not illegalJaitley made it clear that the government is not against blockchain, the technology that underpins cryptocurrencies.
02 Feb, 2018, 10.26 AM IST
Bitcoin not a legal tender in India, says Arun JaitleyThe government has recently cautioned investors to be wary of virtual currencies like bitcoin.
02 Jan, 2018, 04.33 PM IST