Argentina’s New President Implements Sweeping Economic Deregulations, Including Acceptance of Bitcoin for Contracts

Argentina’s new President, Javier Milei, has wasted no time in implementing a libertarian economic agenda. In a bold move, he has issued over 350 economic deregulations aimed at removing barriers in various industries. One of these deregulations is the acceptance of Bitcoin and other cryptocurrencies as legitimate means of payment for contracts.Chancellor Diana Mondino has […]

Argentina’s New President Implements Sweeping Economic Deregulations, Including Acceptance of Bitcoin for Contracts

Argentina’s new President, Javier Milei, has wasted no time in implementing a libertarian economic agenda. In a bold move, he has issued over 350 economic deregulations aimed at removing barriers in various industries. One of these deregulations is the acceptance of Bitcoin and other cryptocurrencies as legitimate means of payment for contracts.Chancellor Diana Mondino has […]

El Salvador Approves Volcano Bitcoin Bonds to Fund Bitcoin City Construction

El Salvador has received regulatory approval for its Volcano Bitcoin bonds, which aim to raise $1 billion from investors. These bonds are supported by the country’s Bitcoin mining industry, which utilizes renewable volcanic energy. The funds raised will be used to construct the highly anticipated “Bitcoin City.”The bonds are set to be issued in the […]

Argentina’s New President Implements Peso Devaluation and Cuts Subsidies, Paving the Way for Cryptocurrency Adoption

Argentina’s new President, Javier Milei, has implemented a 50% devaluation of the Argentine peso and made cuts to energy and transportation subsidies. This move has caused the peso’s value to drop from 400 to 800 pesos per U.S. dollar, which has raised concerns about the country’s economic situation.In light of these developments, cryptocurrencies, particularly Bitcoin […]

Argentina’s New President Implements Peso Devaluation and Cuts Subsidies, Turning to Cryptocurrencies for Economic Stability

Argentina’s new President, Javier Milei, has announced a 50% devaluation of the Argentine peso and cuts to energy and transportation subsidies. This move is expected to worsen the country’s economic situation initially, according to Economy Minister Luis Caputo. In light of these developments, cryptocurrencies, particularly Bitcoin and stablecoins, could play a crucial role.Milei, who describes […]

El Salvador Launches Citizenship Program for Crypto Investors

El Salvador has introduced the “Adopting El Salvador Freedom Visa Program,” a citizenship-by-investment scheme aimed at attracting the crypto community. Under this program, individuals can obtain residency and potential citizenship in El Salvador by investing at least $1 million in either Bitcoin or Tether. The initiative is part of President Nayib Bukele’s plan to make […]

Brazil’s Largest Bank, Itau Unibanco, Launches Cryptocurrency Trading Service

Itau Unibanco, Brazil’s largest bank, has entered the digital asset exchange market by launching a cryptocurrency trading service for its investment platform clients. The initial offering will support trading of Bitcoin and Ether, with plans to expand to other crypto assets in the future. The bank’s expansion will depend on the evolution of crypto regulation […]

Brazil’s Largest Bank, Itau Unibanco, Launches Cryptocurrency Trading Service

Itau Unibanco, Brazil’s largest bank, has entered the digital asset exchange market by launching a cryptocurrency trading service for its investment platform clients. The initial offering will support trading of Bitcoin and Ether, with plans to expand to other crypto assets in the future. The bank’s expansion will depend on the evolution of crypto regulation […]

Tether CEO Paolo Ardoino Discusses Company’s Expansion and Diversification Plans

Paolo Ardoino has been appointed as the CEO of Tether, a cryptocurrency company that is focusing on diversification and expansion. Ardoino, who previously served as the chief technology officer, believes that Tether is more than just its main product, USDT. The company aims to become an infrastructure provider and is exploring innovations in the crypto […]

Tether CEO Paolo Ardoino Discusses Company’s Expansion and Diversification Plans

Paolo Ardoino has been appointed as the CEO of Tether, a cryptocurrency company that is focusing on diversification and expansion. Ardoino, who previously served as the chief technology officer, believes that Tether is more than just its main product, USDT. The company aims to become an infrastructure provider and is exploring innovations in the crypto […]