The Bank of Thailand (BOT), Securities and Exchange Commission (SEC) and Ministry of Finance (MOF) have jointly decided to regulate the use of cryptocurrencies as a medium of exchange. They cite threats of financial instability and crime as primary justifications. Strictness On Crypto BOT announced its regulatory decision in a press release earlier today. It begins by recognizing how digital asset companies are expanding the functionality of cryptocurrencies as a medium of...
Read More »Eric Adams Converts First Paycheck to BTC and ETH
When it was announced late last year that Eric Adams would take over as the mayor of New York City, he shocked everyone when he stated that he would be accepting his first three paychecks in bitcoin. Nobody expected him to be a crypto fan, and a lot less expected him to follow through on his plans. Eric Adams Moves Forward with BTC Agenda Now, several weeks later, Adams has shown his doubters that he wasn’t joking, as he’s working with popular San Francisco-based crypto...
Read More »Billionaire Investor Ray Dalio: Crypto Gets Too Much Attention
Amid surging interest in cryptocurrencies, the legendary American investor and founder of the investment management firm Bridgewater Associates, Ray Dalio, opined that the crypto industry is receiving way too much attention. Too Much Attention on Crypto During his latest interview on “The David Rubenstein Show: Peer-to-Peer Conversations,” Dalio claimed that he has only a “tiny” amount of crypto in his investment portfolio. Recall that earlier in May 2021, the billionaire...
Read More »IMF Calls On El Salvador To Remove Bitcoin As Legal Tender
The International Monetary Fund (IMF) recently urged El Salvadoran authorities to remove Bitcoin’s legal tender status. They called it a threat to market integrity, financial stability, and consumer protection. Criticizing the Bitcoin Law The IMF publicly revealed its warning in a website statement earlier today, after concluding its Article IV consultation with El Salvador on Monday. Despite noting the country’s speedy post-pandemic economic recovery, it still cited...
Read More »La note du FMI sur la situation économique du Salvador
Dans une note publiée aujourd’hui sur la situation économique du Salvador, le Conseil d’administration du Fonds Monétaire International se montre plutôt positif sur l’évolution du pays, constatant que, si la pandémie a interrompu dix années de croissance, le Salvador rebondit rapidement, porté par « une demande extérieure robuste, des envois de fonds résilients et une bonne gestion de la pandémie. »...
Read More »Mike McGlone: Bitcoin Will Hit $100,000
The prices of many cryptocurrencies continue to suffer. Bitcoin, for example, has fallen by more than two percent since the beginning of last week. In addition, Ethereum has dropped by more than six percent, while BNB is down by more than seven percent. Could Bitcoin Hit a Six-Figure Number in 2022? Several analysts think that this is going to continue through the first portions of 2022. Many banks are beginning to talk about hiking interest rates and engaging in other...
Read More »Tutoriel : Breez, un portefeuille Bitcoin et Lightning
« Voici l’application Breez où vous pouvez avoir un portefeuille Bitcoin qui supporte le réseau Lightning. Avec Breez, vous pouvez également écouter des podcasts et verser des pourboires en deux clics. Si vous êtes un travailleur autonome, l’application vous permet de créer des factures, des items récurrents des éléments d’inventaire. » Source : Dallaire Bitcoin
Read More »Turkey Is Allegedly Having Crypto Conversations with El Salvador
Turkey – in the middle of its currency crisis – appears to be taking advice from and meeting with the most unlikely contender: El Salvador. Turkish president Recep Tayyip Erdogan recently met with Nayib Bukele as the country experiences one of the worst national currency crises in its long history. Could Turkey be the next big nation to declare bitcoin legal tender, and what will it learn from utilizing crypto? Will Turkey Be the Next Country to Declare BTC Money? The...
Read More »MicroStrategy CFO Confirms Buy and Hold Bitcoin Strategy Amid Market Turbulence
Phong Le – Chief Financial Officer of MicroStrategy – revealed that his firm will continue investing in bitcoin despite the recent plunge of the asset’s USD value. In line with the prices of most crypto assets, the shares of the Nasdaq-listed company have also been on a downtrend since the beginning of 2022. The Price Is Not an Issue for MicroStrategy It is safe to say that the first 25 days of the year have not been kind to bitcoin. The cryptocurrency has lost more than 20%...
Read More »MicroStrategy to Continue Buying and HODLing Bitcoin (BTC), Says CFO Phong Le
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »