President

El Salvador’s biggest bank is now accepting bitcoin payments

El Salvador’s president says it will use bitcoin surplus to build a pet hospital

El Salvador will use part of its $4 million in bitcoin profits to build a modern-looking pet hospital, its president Nayib Bukele explained Saturday in a series of tweets. Bukele said the trust El Salvador created to help make Bitcoin legal tender now has a surplus due to the cryptocurrency gaining value. El Salvador’s lawmakers …

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Buterin calls out 'Bitcoin maximalists' for supporting El Salvador president

Buterin calls out ‘Bitcoin maximalists’ for supporting El Salvador president

Ethereum creator Vitalik Buterin criticized El Salvador president Nayib Bukele on Friday for forcing businesses in the country to adopt bitcoin. Buterin also called out “Bitcoin maximalists” for supporting Bukele. “Making it mandatory for businesses to accept a specific cryptocurrency is contrary to the ideals of freedom that are supposed to be so important to …

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CoinFund hires former Citigroup exec as new president and managing partner

CoinFund hires former Citigroup exec as new president and managing partner

advertisement The digital asset investment firm CoinFund has hired Christopher Perkins, formerly an exec at Citigroup, to serve as its new president and managing partner, Bloomberg first reported. Perkins previously worked as Citigroup’s global co-head of futures, clearing, and foreign exchange prime brokerage. In his new position, Perkins is expected to scale up CoinFund’s reputation …

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Brazil will likely have a CBDC ready in 2022, says central bank president

Brazil will likely have a CBDC ready in 2022, says central bank president

The president of Brazil’s central bank said a digital real is likely coming in 2022. In an interview with Bloomberg TV, Roberto Campos Neto told editor Erik Schatzker that a central bank digital currency (CBDC) will be the culmination of other efforts to modernize Brazil’s banking system. Brazil is one of a number of central …

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Iranian President Calls for National Crypto Mining Strategy

Iranian President Calls for National Crypto Mining Strategy

Iranian President Hassan Rouhani has ordered the government to draw up a renewed national approach for the emerging crypto industry. Chairing Iran’s economic coordination headquarters – a seminar for the national economic strategy – earlier this week, Rouhani told officials from the Central Bank of Iran (CBI), energy department and information and communication technology ministries …

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