While the new law doesn’t recognize Bitcoin as legal tender as it in nearby El Salvador and in the Central African Republic earlier this week, Panama did legally recognize Bitcoin and other ‘cryptos’ in a move to provide common-sense regulatory clarity for the fledgling industry.
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It almost goes without saying that some of these cryptocurrencies/NFTs are so unstable in value that The Bahamas government must obviously want payment in the most stable and secure cryptocurrency, which is Bitcoin.
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Less than a week after appearing as a speaker at the 2022 Bitcoin Conference in Miami, promising to forward legislation recognizing Bitcoin as legal tender in Mexico, Mexican Senator Indira Kempis has forwarded legislation to push for CBDC adoption in Mexico.
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On a recent episode of The Pomp Podcast, accredited investor and Bitcoin community influencer Anthony Pompliano created a stir by saying “… central bank digital currencies [CBDCs] will likely be one of the greatest violations of human rights in history.”
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A well written report. Thanks for your effort. It raises awareness.
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