Will Argentina’s Milei Adopt Bitcoin As Legal Tender? Expert Analysis
Javier Milei’s election as Argentina’s president has sparked intense debate within the Bitcoin community about the potential adoption of BTC as legal tender. Samson Mow, the CEO of Jan3 and a key player in nation-state Bitcoin adoption, has now offered an insightful analysis on this matter. Mow, instrumental in Bitcoin Bonds in El Salvador and […]
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Samson Mow, CEO of JAN3, has released an analysis of recent amendments to El Salvador’s Bitcoin Law, casting new light on whether Bitcoin remains legal tender in the country. While the Salvadoran government has repeatedly assured that “everything is awesome,” Mow urges caution, noting that the revisions both preserve Bitcoin’s legal tender status and dilute […]
President Javier Milei’s probe into the LIBRA coin has left Argentina embroiled in a crypto crisis. It all began when Milei used social media to promote LIBRA, which caused its price to skyrocket. However, the token fell within hours, shocking investors and causing them to wonder what went wrong. Related Reading: As Crypto Fraud Expands, […]
The CEO of financial advisory and asset management firm Devere Group has predicted that three countries will adopt bitcoin as legal tender this year. He is more bullish than El Salvador’s president who predicted that two countries will make bitcoin their national currency.
3 Countries Will Adopt Bitcoin as Legal Tender in 2022, Devere’s CEO Predicts
The CEO of Devere Group, an independent financial advisory and asset management firm, predicted earlier this week that three more countries will adopt bitcoin as legal tender in 2022.
His prediction is more....
Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,” he said.
Bitcoin Will Not Be Legal Tender in Malaysia, Says Deputy Finance Minister
Following reports that a high-ranking government official has proposed adopting cryptocurrency as legal tender in Malaysia, the government clarified in parliament Thursday that it has no intention of making cryptocurrency legal tender in the....
By the end of next year, at least five countries will have accepted bitcoin as legal tender, the CEO of cryptocurrency exchange Bitmex has predicted. He cited three key reasons why he arrived at this conclusion. “Developing countries will jump into crypto in 2022,” he said.
More Countries Will Adopt Bitcoin as Legal Tender
The CEO of cryptocurrency exchange Bitmex, Alex Hoeptner, has predicted that developing countries will lead the way in bitcoin adoption. He detailed last week:
My prediction is that by the end of next year, we’ll have at least five....