Why Are Nations Adapting To Bitcoin?
Adapting Countries

Why Are Nations Adapting To Bitcoin?

Bitcoin is a peer-to-peer cryptocurrency arrangement that facilitates transactions denominated in digital units known as bitcoin. Functioning since 2009, the Bitcoin network has come to dominate and even define the cryptocurrency space, spawning a legion of altcoin followers and representing an alternative to fiat government currencies such as the U.S. dollar and the Euro, and…

Corporations & Nations Watch and STUDY FROM El Salvador’s Bitcoin Experiment
Corporations Countries

Corporations & Nations Watch and STUDY FROM El Salvador’s Bitcoin Experiment

Source: Adobe/24K-Production”Multinationals that are now accepting bitcoin payments in El Salvador will certainly learn from this experience.”Don’t expect a company like McDonald’s to rush to add BTC acceptance in other markets.Clear regulations would encourage multinationals to start accepting cryptos.It has now been more than a month since El Salvador officially began enforcing a law making…

BitMEX CEO: Five Nations Will Accept Bitcoin Like Legal Tender By THE FINISH Of 2022
BitMEX Countries

BitMEX CEO: Five Nations Will Accept Bitcoin Like Legal Tender By THE FINISH Of 2022

“My prediction is that by the end of next year, we’ll have at least five countries that accept Bitcoin as legal tender. All of them will be developing countries,” the BitMEX CEO wrote.High inflation rates, hefty remittance fees, and political incentives might spur developing countries to follow El Salvador’s steps and adopt BTC as a…

Countries Should Prevent ‘Regulatory Arbitrage’ for Stablecoins  FSB
Countries Should

Countries Should Prevent ‘Regulatory Arbitrage’ for Stablecoins FSB

Source: AdobeStock/SkórzewiakThe Financial Stability Board (FSB) has warned governments that “global stablecoins” that enter the mainstream financial system through mass use across borders could represent a risk to financial stability. To mitigate this, the agency said countries should work to prevent “regulatory arbitrage and harmful market fragmentation” in the stablecoin space.The emergence of global stablecoins…

HSBC dealing with 8 countries inside backing CBDCs
Countries Working

HSBC dealing with 8 countries inside backing CBDCs

Banking giant HSBC is supportive of central bank digital currencies and is already working with central banks in eight countries to advance their plans, according to a company insight article published this week. HSBC Group CEO Noel Quinn said the bank was working with central banks in the United Kingdom, France, Canada, Singapore, China, Hong…

How Countries Make use of Digital ID to Exclude Vulnerable Individuals
Countries Digital

How Countries Make use of Digital ID to Exclude Vulnerable Individuals

Source: Adobe/fgnoppornEve Hayes de Kalaf, Research Associate, CLACS University of London, and School of Language, Literature, Music and Visual Culture, University of Aberdeen. _______ The world has become interconnected at a level we never before imagined possible. States, banking, communications, transport, tech, and international development organizations have all embraced digital identification. The current conversation hinges…