Paraguay Follows El Salvador In Making Bitcoin a Legal Tender
The Paraguayan Vice President Carlitos Rejala, confirms that plans are being made to officially legalize Bitcoin in the country next month. Ever since El Salvador recognized Bitcoin as legal tender, politicians in several other Latin American countries have pointed out similar aims. The list of potentials to legalize BTC So far includes Paraguay, Panama, Brazil, […]
El Salvador’s Bitcoinisation: It is Difficult to See Any Tangible Economic Benefits Associated With Adopting Bitcoin – JP Morgan
The investment bank, JPMorgan does not seem to buy the bitcoinisation move from El Salvador and believes that it is difficult to see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender. JPMorgan pointed that the country’s move to make bitcoin a legal tender may stir up the interest […]
El Salvador to become first world country to launch bitcoin as legal tender
El Salvador is fostering a bill to launch bitcoin as legal tender, as indicated by President Nayib Bukele. In a viral video on Saturday, the declaration was made, he said he will present the bill in one week from now. As reported by Zap’s Jack Mallers, at the news at the Bitcoin 2021 meeting in […]