He bitcointhe most used cryptocurrency, surpassed US$57,100 this Tuesday, its highest level since the end of December 2021, during a day of oscillations. After the closing of Wall Street, at 5:00 p.m. local time in New York (22:00 GMT), bitcoin lost the level of US$ 57,000 that it reached last morning and was below US$ […]
Tag: Cryptocurrencies
El Salvador: remittances with cryptocurrency wallets fall 19.1%
Family remittances received through wallets cryptocurrencies in The Savior They had a drop of 19.1% last January compared to the same month in 2023, according to data from the Central Reserve Bank released this Wednesday. Figures from the state financial entity indicate that remittances received in January 2024 reached US$ 6.77 million, compared to 8.37 […]
The “gringo” waiting for Bukele’s “Bitcoin City” on a beach in El Salvador
When President Nayib Bukele announced the construction of “Bitcoin City”the first metropolis “bitcoiner” of the world, Corbin Keegan left his life in Chicago and decided to go to The Savior. Two and a half years later, he is still waiting for the project to become a reality. Sitting in a hammock, drinking coffee, Keegan talks […]
Javier Milei: Argentina will allow companies to pay their employees with cryptocurrencies, milk or meat
The economic deregulation measures announced last Wednesday by the president of Argentina, Javier Mileiwill allow contracts in the South American country to be agreed in any designated currency, from the cryptocurrencies to kilos of steer (veal) or liters of milk, said the Minister of Foreign Affairs, Diana Mondino. “We ratify and confirm that in Argentina […]
Judge temporarily bans Binance founder from leaving the United States
A judge this Monday banned the founder of Binance, Changpeng Zhaotemporarily leave the United States and travel to his home in the United Arab Emirates, after he pleaded guilty to the crime of money laundering last week and resigned from his position in the company. The guilty plea came last Tuesday as a result of […]
US heavy hand against crypto sector continues to knock down heavyweights
The heavy hand that the United States authorities have been applying for months against the cryptocurrency sector last Tuesday brought down one more of its heavyweights, the head of the largest global exchange platform, Binance, Changpeng Zhao. Zhao, known as “CZ,” resigned that day as part of an agreement to resolve accusations of money laundering […]
US reaches agreement with Binance for unauthorized operations
The US government reached an agreement valued at more than US$4 billion with Binanceexchange platform cryptocurrencies largest in the world, said a person familiar with the agreement. The deal with Binance was confirmed on condition of anonymity prior to an announcement. The value of the deal was first reported by Bloomberg. It comes months after […]
Technology is moving faster than regulation in crypto, according to BPI’s Carstens
The general director of Bank for International Settlements (BIS)the Mexican Agustín Carstens, recognizes that the development of cryptocurrencies has anticipated the regulatory capacity of the financial system and emphasizes restricting them to protect the consumer and preserve financial stability. “It must be recognized that this innovation has not waited for the regulatory and supervisory framework. […]
Bitcoin: Bukele’s bet continues without convincing Salvadorans
He bitcointhe president’s bet Nayib Bukele to revitalize the Salvadoran economy, celebrates two years this Thursday as legal tender in The Saviorwith a very restricted use, without generating confidence in the population. On September 7, 2021, bitcoin began to legally circulate in the country at the request of the president. Bukele tried to ensure that […]
Sam Bankman-Fried’s lawyers ask for his provisional release to prepare his defense
The lawyers of Sam Bankman-Fried, the founder of the platform cryptocurrencies FTXthey asked the judge this Wednesday to grant him provisional release to be able to prepare his defense in the fraud trial against him that will begin on October 2 in NY. In a letter to Judge Lewis Kaplan, who is handling the case, […]