Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex
The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a month after Ghana’s currency was rated the worst performing among Africa’s top currencies. Violators Face Possible Prison Time The Ghanaian central bank has […]
Central Bank of Honduras Discredits Bitcoin Legal Tender Speculation
On March 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The announcement, posted via Honduras’ central bank official Twitter account, comes after lots of speculation about the Honduran president, Xiomara Castro, allegedly going to declare bitcoin […]
Swiss City Lugano Makes Bitcoin, Tether, LVGA Token Legal Tender
Lugano, the city in southern Switzerland, took the first step in becoming Europe’s crypto capital by adopting Bitcoin, Tether, and the city’s own LVGA token as legal tender. The Swiss municipality encourages the growth of cryptocurrency and embraces the benefits that blockchain technology can offer. Over 63,000 local inhabitants and city visitors can use the […]
The City of Lugano, Switzerland, and Tether Operations Limited Commit to Building a Center of Excellence for Blockchain Adoption in Europe
Tether Operations Limited (Tether), the technology company supporting the blockchain-enabled platform that powers the largest stablecoin by market capitalisation (USD₮), in collaboration with the vibrant Swiss city of Lugano today announced the establishment of a center of excellence for blockchain adoption in Europe. Together, Tether and the City of Lugano will work toward the shared goal of […]