First Day of Bitcoin as #Legal Tender: El Salvador Buys the Dip, Country’s #BTC Stash Grows
#Bitcoin is now legal tender in #ElSalvador, and the country’s #bitcoin stash has grown to 550 coins. The Salvadoran #government started buying the #cryptocurrency.
#IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as #Legal Tender
The International Monetary Fund IMF says that #crypto assets, like #bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national #currency.
Spain Prepares Registry for #Cryptocurrency Exchanges and Custody Providers
The authorities of #Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with #legal requirements to address #transparency and terrorism financing issues.
