According to Morgan Stanley, the devaluation could occur during the first months of 2022. Bank analysts rule out that there will also be a reduction in public spending.
A private report from bank...
Large miners of the industry are going to Kazakhstan as that country has cheap electricity. El Salvador has volcanic, hydroelectric, solar, and wind energy, which would allow miners to avoid using fossil fuels.
The...
Deputy Portillo Cuadra believes that the Bitcoin Law would make the price of electricity more expensive. Parliamentarian Johnny Wright asked to change the Labor Code for the payment of wages in US dollars.
Claver-Carone believes that adopting Bitcoin as legal tender will not help boost the Salvadoran economy. The IDB president said that it is necessary to study the Bitcoin Law in depth before implementing it.
In both cycles, Bitcoin's dominance fell within a month of its respective peaks. Dogecoin’s pattern in this cycle was similar to that of Ripple's XRP in 2018.
The dominance of Bitcoin (BTC) in...
The founder of the antivirus company claimed to be threatened by security agents.
In 2019, he had claimed to have compromising information from the government and the CIA.
Right...
It is important to justify all the money that goes into an Argentine bank account. Some activities with Bitcoin, such as P2P arbitrage, have certain legal and regulatory loopholes.
Some people receive payments...
In Spain, platforms and issuers of cryptocurrencies will be under the CNMV and the Bank of Spain’s supervision. The regulations may be ready by the end of this year or in early 2022.
The plaintiffs accuse the Bitcoin Law of having no legality or foundation. Deputy Jaime Guevara says that they are putting the newly elected magistrates to the test.
Salvadoran deputy Jaime Guevara supported a...
Total anonymity will not be possible with the digital euro, according to an ECB official. The executive states that bitcoin and other digital currencies are "very dangerous animals"
Fabio Panetta, a member of...