Hellas Direct, a technology-driven insurance firm with business offices in Greece and Cyprus, reveals that it has acquired €32 million in capital as...

As confirmed by Paraguay’s National Deputy, Carlitos Rejala, plans are in place to discuss the formal legalization of Bitcoin next month. Since El Salvador took the progressive step of recognizing Bitcoin as legal tender, politicians from several other Latin American countries have also signaled a similar intent. So far, on the list of potentials to […]

El Salvador's latest quest to make Bitcoin a legal tender in the region was greeted with enthusiasm by many, especially since it was the first country to do so.  The congressional hearing on the issu

The post El Salvador's Bitcoin adventure - Is everyone REALLY convinced? appeared first on AMBCrypto.

Cocoa: A Bittersweet Supply Chain From bean to bar, the cocoa supply chain is a bittersweet one. While the end product is something most...

Here are the top interesting stories in the cryptocurrency sector that you might have…

The post Tesla hints at Bitcoin support U-turn as Tanzania contemplates crypto adoption appeared first on Coin Journal.

Spain’s second-largest bank Banco Bilbao Vizcaya Argentaria (BBVA) has opened a bitcoin trading service to all its private banking clients in Switzerland. The service will be available as of June 2021 and will include both trading and custody services. According to Reuters, BBVA plans to expand the service to other cryptocurrencies in the future, but […]

By Jonathan Barrett and Yew Lun Tian SYDNEY/BEIJING (Reuters) - A World Bank-led project declined to award a contract to lay sensitive undersea...

TL;DR Breakdown World bank against El Salvador Bitcoin status Crypto community member wants World Bank rendered obsolete The world bank has said ‘NO’ to providing support for El Salvador on its recent Bitcoin adoption sighting environmental concern, Reuters report. The world bank also mentioned transparency, for not supporting El Salvador Bitcoin adoption as a legal […]

The World Bank has said that it would not be able to assist the El Salvadoran government with its plans to officially make bitcoin the country’s second legal tender.  World Bank Not in Support of El Salvador’s Bitcoin Ambitions According to Reuters on Wednesday (June 16, 2021), the World Bank turned down El Salvador’s requestRead More

The bank’s refusal to offer technical assistance has been pegged down on issues of…

The post World Bank Says ‘No’ to El Salvador’s Request on Bitcoin Implementation appeared first on Coin Journal.

New tech that reduces costs of international payments would “be a boon for poor countries that rely on remittances” — but will BTC as legal tender fix that?

The World Bank will not be assisting El Salvador in Bitcoin implementation. Salvadoran Finance Minister, Alejandro Zelaya had approached the organization.