Short on cash, El Salvador doubles down on Bitcoin dreamAfter a recent announcement by the U.S. Securities and Exchange Commission (SEC) to allow US-listed exchange-traded funds (ETFs) that track...
02 Feb, 2024, 04.38 PM 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
Bitcoin faces biggest test as El Salvador makes it legal tenderBoth enthusiasts and detractors of crytocurrencies will be monitoring the experiment to see if a significant number of people want to trans...
07 Sep, 2021, 09.56 AM 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
El Salvador Bitcoin move opens banks to money laundering, terrorism financing risks: FitchThe bitcoin move, set to take effect on Sept. 7, "would increase financial institutions' regulatory, financial and operational risks, inclu...
26 Jun, 2021, 12.33 PM IST
Is Paraguay set to make Bitcoin legal tender? Don't bet on itParaguayan lawmaker Carlos Rejala, who had inadvertently sparked the excitement with a tweet earlier in June, told Reuters on Friday he was...
26 Jun, 2021, 12.29 PM IST
Salvadoran Bitcoin users to get $30 from government: PresidentAccording to World Bank data, El Salvador received more than $5.9 billion in 2020 from nationals living abroad.
25 Jun, 2021, 08.56 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
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
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