Cuba will use cryptocurrencies to combat US sanctions The Cuban Central Bank (BCC) has announced that licences for Virtual Asset Service Providers (VASPs) will be issued by the end of April. Similarly, in just a few days, the use of cryptocurrencies (particularly bitcoin and ethereum) has surged among Cubans. Cuba is Rich, but US Sanctions Made it Poor Cuba, as an oil-producing country, has abundant resources, but its people remain impoverished as a result of US sanctions…
@Yugocean in May 2022
Bitcoin Legal Tender in Central African Republic Bitcoin was once outlawed in the Central African Republic (CAR). However, on April 27, 2022, the CAR Parliament unanimously approved bitcoin as legal tender, which is presenting fresh difficulties, possibilities, conjectures, and thoughts. **A prediction of Nayib Bukele came true** El Salvador's President, Naib Bukele, who recognized bitcoin for the first time in the world, made a prediction for 2022, claiming that two more…
The Legend of Bitcoin Pizza Day Today is Bitcoin Pizza Day in the cyber world. On this day (more than a decade ago), two legends, Hanyecz and Sturdivant up, transformed Bitcoin into money, making today a historic day in the Crypto World to commemorate. My family went shopping today and brought two pizzas as a surprise; I don't like surprises, but on particular day I was thrilled for the purchase because no one in my family uses or understands cryptocurrency. It was a great…
ECB wants EU to enact crypto legislation The European Central Bank (ECB) underlined in a pre-released chapter of its Financial Stability Review that cryptocurrency's appeal among financial institutions is growing. It has cautioned European Union (EU) that if there is no regulatory framework in place, crypto dangers could extend to the rest of the economy. Reaction As expected, pro and anti crypto lobby is discussing as per their understanding and logic. **Pro Crypto** : The…