World Bank Turns Down El Salvador’s Request To Help Implement Bitcoin As Lega...
The world bank has revealed that it has refused to assist El Salvador with the implementation of Bitcoin as legal tender. World Bank Turn Down Request Salvadoran Finance Minister Alejandro Zelaya stated earlier on Wednesday that the Central American country had sought technical assistance from the Bank in order to use bitcoin as a parallel […]
Related News
The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender. The World Bank has refused El Salvador’s request for help on the country’s transition to adopting Bitcoin as legal tender. It cited issues with Bitcoin’s environmental impact and transparency as reasons why it will not support El Salvador move to adopt Bitcoin as an officially accepted currency . "While the government did approach us for assistance on Bitcoin, this is not something the World Bank can support given the environmental and transparency shortcomings, " a World....
Revealing misunderstandings, the World Bank has rejected El Salvador's request for assistance in implementing a bitcoin standard.
The governing body of the major professional soccer league in Italy, Lega Serie A, will release a special collection of NFTs in commemoration of Cup of Italy’s last match this year. The 2021 Coppa Italia Final is viewed as a historic event as Juventus and Atalanta prepare to clash for the trophy for the first time. Italian Soccer League to Offer Collectibles for Cup of Italy Final The winner will be determined in a game on May 19, when the two teams meet at the Mapei Stadium in Reggio Emilia. After a successful year in the Italian soccer championship, Bergamo-based Atalanta will now....
The platform has already signed partnership agreements with the UFC and Formula 1 this year. Digital asset exchange platform Crypto.com will be prominently featured in football matches during Italy’s Lega Serie A competition as part of a partnership with the league.In a Thursday announcement, Lega Serie A said Crypto.com was going to be presenting key broadcast moments for the Italian football competition “where technology enhances the match.” Specifically, the platform has formed a multi-year partnership to help present the series’ “goal of the month,” as well as broadcast moments using....
El Salvador’s Central Bank opened the door for banks to develop their own wallets. The organization published the “Guidelines for the Authorization and Operation of Digital Wallet Platforms for Bitcoin and Dollars.” As expected, they require full KYC and AML procedures. However, it also contains other requirements and measures that raise concerns and paint a […]