Crypto in March
In the midst of expressing aspirations so that crypto can be used as a means of payment, there is slightly unpleasant news from one of the countries in Asia that have issued a policy that Thailand prohibits the use of crypto as a means of payment. And the rules according to sources obtained will take effect from April 1, 2022, and business operators are given 30 days to follow these regulations.
A piece of unpleasant news for crypto creators, of course, because even though it has only been a few days we have received good news about the condition of another region, namely St.Marteen, which will legalize Bitcoin Cash as a legal tender, on the one hand, prohibiting crypto issues as a means of payment. Although the decision is based on the policy of the Thai financial services authority to protect privacy, security, and money laundering. However, there is still a bit of leeway that will still be recognized as an asset.
Again, crypto is faced by its main enemy, namely the policies and conditions of the financial system, which is specially managed by the Bank. However, this does not seem to make a big impact on the condition of the crypto market, because along with this news, crypto is still showing the condition of no price pressure. If this happens, the pre-analysis sees that at the end of this month there will be a significant increase in potential. On the other hand, El-Salvador, which has legalized Bitcoin as a legal tender in its country, is also seeking support from Binance to assist in the widespread adoption of Bitcoin as a means of payment and the issue of plans to issue Bitcoin bonds.
Another good news from the crypto presence from other parts of the world is that Crypto.com is also taking part as the official sponsor of the 2022 World Cup in Qatar. Of course, this brings many advantages for users of the crypto.com platform in particular as well as users and crypto lovers in general.
The contradictions in recent weeks regarding the state of the crypto issue have really signaled the strength of how crypto has brought an ever greater impact on the economic existence of the world. Like the existence of war, cryptocurrencies also provide convenience for the conditions of civilians affected by the war in 2022, especially for Ukrainian citizens.
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The enemies of cryptocurrencies doesn't want to see cryptocurrencies shine