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Crypto-Friendly Special Economic Zone in Honduras Adopts Bitcoin as Legal Tender – Regulation Bitcoin News

A crypto-friendly special economic zone in Honduras has adopted bitcoin as legal tender, allowing the cryptocurrency to be used to pay taxes and fees. In addition, bitcoin bonds can be issued within its jurisdiction using “world-class standards for AML and KYC.” Bitcoin Operates as Legal Tender in Próspera Próspera, a special economic

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Honduran Special Economic Zone Adopts Bitcoin as Legal Tender

The Honduran Special Economic Zone has adopted bitcoin and other cryptocurrencies as legal tender for the Honduras Prospera. The Honduras Prospera is an economic zone established in 2020 as a means to encourage investment. Honduras Prospera has autonomy on fiscal, budgetary, and administrative issues for the economic zones. This autonomy gives

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Bitcoin plunges as Putin announces ‘special military operation’ in Ukraine

Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in Ukraine. As the sun began to rise in Ukraine, the Russian army launched missiles around several areas of the country, including the capital of Kiev

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A ‘Best of’ 2021 Holiday Special: Haiti’s Transition Into Modern Finance

This episode is sponsored by Quantstamp, Nexo.io and KuCoin.This week and next we’re taking a year-end holiday from new episodes of “Money Reimagined.” Instead, we’re serving up a couple of our favorites from this year.This week’s pick was Sheila Warren’s: the Haiti episode from May 21.That’s when Sheila and co-host

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Indian trade group recommends ‘special class security’ status for crypto

The Confederation of Indian Industries (CII), a non-government trade association and advocacy group, has proposed to treat cryptocurrencies as securities of a special class. The trade association released a report titled “Cryptocurrencies, Crypto Tokens/Assets & Regulations: The Way Forward” where it advocates for regulating the crypto market instead of outlawing it,

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Bitpay Reveals List of Merchants Offering Discounts and Special Promotions – Bitcoin News

While cryptocurrencies have seen their values rise significantly during the last three months many digital asset holders will be spending their tokens for holiday gifts and Black Friday deals. Bitcoin Black Friday will be on November 26 this year and the crypto payments firm Bitpay has announced a slew of

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Binance Hires Former IRS Special Agent to Head Suspicious Activity Reporting

Binance has hired a veteran financial criminal investigation agent to head up suspicious activity reporting as it continues to strengthen its regulatory compliance front.Amjad Qaqish, a former criminal investigation special agent at the U.S. Internal Revenue Service (IRS), was named as the largest crypto exchange’s director of global suspicious activity

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Iran Blockchain Association head calls for special council on crypto laws

According to Iran’s main blockchain organization, authorities have been remiss in their enforcement of cryptocurrency laws. The association is concerned about the government’s inactivity, offering its help to regulators that it feels are inadequately prepared to handle such a challenging task. Abbas Ashtiani, head of the Iran Blockchain Association (IBA), said

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