El Salvador President Nayib Bukele said 2.1 million Salvadorans are using the government’s Chivo cryptocurrency wallet, Cointelegraph reported. Earlier this month, the country decided to make bitcoin a legal tender. The Chivo wallet lets individuals and businesses send and receive payments in bitcoin or dollars...
PortAventura World, a resort possessing Europe’s most theme parks and six hotels, is creating software so guests can use cryptocurrency to pay, according to a press release. The project will be rolled out in the beginning of 2022 as the six hotels have their receptions....
In other news, the Bank of Russia will be working with commercial banks to delay payments to digital asset exchanges, intending to limit “emotional” crypto purchases by unqualified investors, Bitcoin.com reported. The move will likely influence peer-to-peer (P2P) and over-the-counter trading platforms, according to the...
AMC Theatres CEO Adam Aron said the movie theater will accept bitcoin, ether, bitcoin cash and litecoin for ticket purchases as it sees digital currencies gaining more traction, Reuters reported. The company had already announced it would be taking bitcoin back in August, but it...
The Turkish central bank said it has created the Digital Turkish Lira Collaboration Platform in order to conduct more research on the possible benefits of a digital currency, Reuters reported. The bank said it has signed agreements separately with Turkey’s Havelsan, Aselsan and Tubitak-Bilgem for...
China’s cyberspace commission in the Hebei province has confirmed it will work alongside other government departments to help crack down on digital currency trading and mining, Reuters reported. This represents the country’s latest crackdown on cryptocurrency, according to the report. The province will see numerous...
Bancoagrícola, the largest El Salvadorean bank, is accepting bitcoin for loans and credit card payments, The Block reported. Customers can also use cryptocurrency to pay for goods and services connected to the bank’s payments gateway. This will be handled through New York-based Flexa, a payments...
Ukraine is the latest country to put down new official cryptocurrency-related rulings as it moves toward legitimizing the digital currency, CNBC reported. The Ukranian parliament unanimously passed a law legalizing crypto, which will now be sent to the desk of President Volodymyr Zelenskyy, according to...
Panama may become the next country to make digital currency official for everyday use if a bill proposed by Congressman Gabriel Silva is passed, BeInCrypto reported. The bill would make bitcoin a national alternative payment method. On Twitter, Silva said the “Crypto Law,” as he...
