Tag Archives: legal tender

St. Maarten announced plans to adopt TRON as a legal tender.  TRX’s price reacted positively and so did the metrics.  TRON [TRX] reached another milestone on 24 January, taking another step towards the network’s goal of increasing its global adoption. Justin Sun, the founder of TRON, revealed that St. Maarten announced its plans to adoptContinue reading “TRON becomes legal tender in this country: Here’s how TRX will be affected”

The oldest digital currency in the crypto market by Market Cap – Bitcoin, yet to become a legal tender in many countries. However, with the rising crypto market, smaller countries began to accept  it as a legal tender. El Salvador was the first in the world to adopt Bitcoin as legal tender along with the USContinue reading “Bitcoin a legal tender in Arizona? Here’s why that will be a tough nut to crack”

Two months after El Salvador scripted history to become the first country to officiate Bitcoin as legal tender, proponents of the financial industry still don’t seem completely sold on the idea. Andrew Bailey, who is the Governor of the Bank of England, recently raised concerns about the same while speaking at a conference, according toContinue reading “Bank of England Governor raises concerns about El Salvador’s Bitcoin adoption”

Africa, of late, has been the center of attention in terms of crypto adoption. Well, Zimbabwe has been mulling over the various possibilities with crypto as interest and use cases, surged in the country. With many speculating over Zimbabwe going the El Salvador route, the government paused to clarify, it was not looking to makeContinue reading “Zimbabwe studying CBDC, ‘as opposed to crypto, Bitcoin, any form of derivatives’”

El Salvador’s adoption of Bitcoin as legal tender this month kindled national ambitions across Central and South America. In Paraguay, congressman Carlitos Rejala excited Bitcoin supporters, when his recent tweeted suggested Bitcoin would be the “official currency” if he became President in 2023. Si nos jugamos a la Presidencia en el 2023!#bitcoin cómo moneda oficialContinue reading “After El Salvador, will Paraguay be the next to make Bitcoin ‘official currency’”

As Bitcoin became legal tender in ElSalvador, the world witnessed history in the making, ushering in what many believe to be a big leap towards an upcoming financial revolution. Nevertheless, critics remained firm on their opposition to this move. The latest amongst them was Russia, as the Kremlin officially confirmed, it was not looking toContinue reading “Russia firm on its stance against Bitcoin and other cryptocurrencies”