Tanzania Considers Crypto—And Boosts Bitcoin—As Nations Line Up Behind El Salvador To Embrace Decentralized Finance

📆 6/14/2021 7:40 AM
📰 Forbes

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

I am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter @theroberthart or email me at rhart@forbes.com

on the Tanzanian Central Bank Sunday to begin “working on” facilitating widespread use of cryptocurrencies in the East African nation. the Central Bank should “be ready for the changes and not be caught unprepared.”to adopt bitcoin as legal tender last week and helped give the flagging market a boost.

The announcement helped bitcoin gain nearly 10% in 24 hours, nearly reaching $40,000 a token Monday morning.that Tesla would resume its use of bitcoin when there is proof the asset is obtained using around 50% clean energy. There is growing popular support for bitcoin adoption in Nigeria that also gained momentum over the weekend. Russell Okung, an NFL player of Nigerian descent,

Write Comment

President Samia's comments were taken out of context by some news media. She ordered central bank to 'study blockchain and crypto-currencies to ensure govt is not caught unaware if they gain popularity in Tanzania.' She made it clear Tanzania has not accepted cryptocurrency

🇹🇿

🇹🇿🇹🇿

NAKED PEOPLE DON'T WORRY ABOUT CLOTHES

TrevMoMatic Our new President's effect!

Here we go!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

G-7 nations agree to boost climate finance, details missingG-7 leaders agreed to raise their contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions. Does China care you so called g7, I guess Monica does They have already started by providing only 50% of needed chairs. theyre all chuckles bc trump isnt there... oh trump was a threat to each of them, not bc he was a threat but bc he understood how they play the game!
Source: CNBC - 🏆 12. / 72 Read more »

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are greenPrices of the world's No. 1 crypto on Sunday trade sharply higher after digital-asset bull Elon Musk says Tesla would resume allowing transactions at the... Money is the root of all ********s. The rich, the poor, the lost all fight for it. It's an endless war. Good luck! he probably buying more bitcoins,,,after then he will announce 'it is 50% now'...
Source: MarketWatch - 🏆 3. / 97 Read more »