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Tag: BITCOIN MINING

Business / Companies / economics

El Salvador Establishes Crypto Regulatory Agreement with Paraguay

March 10, 2025March 10, 2025 - by Sofia Nawab - Leave a Comment

El Salvador has signed a regulatory agreement with Paraguay to enhance cooperation in cryptocurrency regulation, marking its second such deal in three months. The collaboration aims to improve anti-money laundering …

El Salvador Establishes Crypto Regulatory Agreement with Paraguay Read More
Business

Binance Limits Access to Free Tokens for Nigerian Users Amid Regulatory Scrutiny

March 10, 2025March 10, 2025 - by Sofia Nawab - Leave a Comment

Binance has restricted access to free token rewards for Nigerian users, amid ongoing tensions with the Nigerian government. This change has caused dissatisfaction among users who previously earned up to …

Binance Limits Access to Free Tokens for Nigerian Users Amid Regulatory Scrutiny Read More
Business

HIVE Digital Technologies Reports February Bitcoin Production and Expansion Plans

March 10, 2025March 10, 2025 - by Carmen Mendez - Leave a Comment

HIVE Digital Technologies reported February Bitcoin production of 89 BTC, totalling 2,620 BTC valued at $220 million. The company aims to expand its mining capacity in Paraguay and achieved significant …

HIVE Digital Technologies Reports February Bitcoin Production and Expansion Plans Read More
economics

El Salvador’s Bitcoin Strategy: Compliance or Deception?

March 10, 2025March 10, 2025 - by Liam Nguyen - Leave a Comment

President Nayib Bukele of El Salvador contends that the nation will continue to purchase bitcoin, despite an IMF credit facility deal. However, IMF officials suggest that these actions may actually …

El Salvador’s Bitcoin Strategy: Compliance or Deception? Read More
Business / Companies

Latam Insights: El Salvador’s IMF Deal, Mexican Billionaire’s Bitcoin Investment

March 9, 2025March 9, 2025 - by Allegra Nguyen - Leave a Comment

Latam Insights covers significant updates including El Salvador’s IMF credit deal conditional on bitcoin regulations, Ricardo Salinas increasing his bitcoin investment to 70% of his portfolio, and progress in the …

Latam Insights: El Salvador’s IMF Deal, Mexican Billionaire’s Bitcoin Investment Read More
Business / Companies

El Salvador’s Bitcoin Commitment Persists Despite IMF Pressure

March 9, 2025March 9, 2025 - by Liam Nguyen - Leave a Comment

El Salvador has acquired 13 additional Bitcoin since March 1, totaling over 6,105 BTC, despite IMF pressure to cease purchases. The government continues to embrace Bitcoin, having amended its laws …

El Salvador’s Bitcoin Commitment Persists Despite IMF Pressure Read More
Business / Companies / economics

Nigeria’s New Cryptocurrency Tax Regime Faces Challenges in Revenue Generation

March 8, 2025March 8, 2025 - by Sofia Nawab - Leave a Comment

Nigeria is set to impose new taxes on cryptocurrency transactions, including a capital gains tax and VAT, targeting an annual revenue of 200 billion naira. Critics warn that high taxes …

Nigeria’s New Cryptocurrency Tax Regime Faces Challenges in Revenue Generation Read More
Business / Companies

Challenges of Nigeria’s New Cryptocurrency Tax Policies: A Path to Revenue?

March 8, 2025March 8, 2025 - by Marcus Chen - Leave a Comment

In an effort to rejuvenate its economy, Nigeria has introduced cryptocurrency tax policies, aiming to collect from unregulated exchanges like Binance. Despite the country’s large market and high crypto adoption, …

Challenges of Nigeria’s New Cryptocurrency Tax Policies: A Path to Revenue? Read More
Business / economics

Argentina’s President Javier Milei Faces Judicial Scrutiny Over Libra Affair

March 7, 2025March 7, 2025 - by Sofia Nawab - Leave a Comment

President Javier Milei of Argentina is embroiled in a judicial investigation concerning the cryptocurrency Libra, linked to allegations of fraud and pump-and-dump schemes. His promotional tweet led to a significant …

Argentina’s President Javier Milei Faces Judicial Scrutiny Over Libra Affair Read More
Business

El Salvador’s Bold Move: Acquisition of Additional Bitcoin Amid IMF Warnings

March 6, 2025March 6, 2025 - by Marcus Chen - Leave a Comment

El Salvador has acquired 500 more Bitcoin, raising its total to 6,800 BTC worth $635 million. This purchase occurred despite IMF warnings, with public reactions celebrating the nation as a …

El Salvador’s Bold Move: Acquisition of Additional Bitcoin Amid IMF Warnings Read More

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