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Category: Paraguay

This Country Could Make Bitcoin a Legal Tender After El Salvador

El Salvador, the small Latin American state created history in June after it became the first country to pass Bitcoin as a legal tender. The Bitcoin Bill was passed by the country’s congress with a resounding majority and the President assured the decision was no gimmick. Now El Salvador could be joined by another Latin

The post This Country Could Make Bitcoin a Legal Tender After El Salvador appeared first on Coingape.

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BREAKING: Paraguay Proposes a Bill to Make Bitcoin Legal Tender

South American nation, Paraguay is on track to make Bitcoin (BTC) a legal tender following the announcement of the proposal of bill to support the move. The bill proposal was affirmed by a member of parliament Carlitos Rejala who shot into global fame in the past weeks. The bill, if passed will position Paraguay as

The post BREAKING: Paraguay Proposes a Bill to Make Bitcoin Legal Tender appeared first on Coingape.

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Top Economist Calls Bitcoin As Legal Tender “Stupid”. Here’s why he’s wrong.

Let’s not kid ourselves, a person like Steve Hanke has enormous incentives to defend the status quo. He’s benefited tremendously from it. It could be argued that his livelihood depends on Bitcoin failing. A project to make it legal tender in any country goes directly against Hanke’s interests, and it’s no wonder he spoke against […]
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Paraguay Hints at Making Bitcoin a Legal Tender After El Salvador

Bitcoin has reached the legal tender stage where countries have started to show interest in adding BTC to their state treasury and El Salvador became the first state to do so. The president of the country Nayib Bukele took to Twitter to announce the news and even revealed that citizens won’t have to pay any

The post Paraguay Hints at Making Bitcoin a Legal Tender After El Salvador appeared first on Coingape.

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