W o r l d . C r y p t o . G l o b a l

Loading

Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.

Contact Info

CATEGORY: bitcoin legal tender


Mar 16, 2024 05:50

El Salvador Moves Big Chunk of Its BTC to Cold Wallet President Bukele Says Call It Our First Bitcoin Piggy Bank

El Salvador has transferred “a big chunk” of its bitcoin holdings to a cold wallet, President Nayib Bukele has announced. “You can call it our first bitcoin piggy bank,” he said. As of writing, the wallet’s balance totals approximately 5,690 bitcoins. El Salvador Establishes Its First ‘Bitcoin Piggy Bank’ El Salvador’s President Nayib Bukele announced [...]

The post El Salvador Moves Big Chunk of Its BTC to Cold Wallet President Bukele Says Call It Our First Bitcoin Piggy Bank appeared first on Crypto Breaking News.

Feb 06, 2023 06:30

Arizona Senator Wendy Rogers Pushes Bill To Make Bitcoin Legal Tender

  If passed into law it will give Bitcoin the same status as the U.S. dollar in the State of Arizona What – State Senator [...]

Mar 16, 2022 02:50

Senate Candidate Bryan Solstin Is Running On Making Bitcoin Legal Tender

A U.S. Senate candidate is pulling a Nayib Bukele and calling for making Bitcoin legal tender.  Covered: Bryan Solstin: Bitcoin Legal Tender Solstin’s Chances Bryan Solstin: Bitcoin Legal Tender I declare my candidacy for US Senate. Making #Bitcoin Legal Tender in the USA will be my primary objective on the Senate floor.#Bitcoin is the Great […]

The post Senate Candidate Bryan Solstin Is Running On Making Bitcoin Legal Tender appeared first on CryptosRus.

Tether And The City Of Lugano Presented Its “Plan B.” What Did We Learn?

Author: Eduardo Próspero
United Kingdom
Mar 04, 2022 08:25

Tether And The City Of Lugano Presented Its “Plan B.” What Did We Learn?

The City of Lugano in Switzerland, the most important Italian-speaking city outside of Italy, is not playing around. The goal of their “Plan B” is to “make Lugano the blockchain hub for the entire Europe,” according to  Tether’s Paolo Ardoino. And it will probably succeed. The city wants to attract investment and talent, attract wealth and smart minds, and they’re putting their money where their mouth is.  Why do they have to brand their plan using bitcoin’s name, though? In NewsBTC’s previous article about the project we were very critical, and even raised the possibility of this being an affinity scam. Bitcoin name is heavily used in all promotional materials, but the protagonists talk about blockchain and crypto like there’s no tomorrow. Why would Tether Ltd. and its partners not make this a crypto project and call it a day? We closed said article giving them the benefit of the doubt: “And here comes the Mayor of the city of Lugano and Tether to sing bitcoin’s praises. A “blockchain not bitcoin” guy and the organization behind the most controversial stablecoin. Even though it’s suspicious, let’s give them the benefit of the doubt and hear what they have to say. They might surprise us at the March 3rd conference. Maybe Lugano has a Plan B after all.” Do they have a Plan B? Let’s find out. Bitcoin Legal Tender In Lugano. And USDT. And LVGA The story’s headline is that Bitcoin, Tether, and LVGA, the city’s own cryptocurrency, will be legal tender in Lugano. Residents will be able to “pay all personal and corporate municipal taxes” in any of those cryptocurrencies. Besides that, the city’s authorities have already onboarded 200+ shops and businesses to accept them. There’s more though. You’ll be able to use bitcoin, USDT, and LVGA to pay for: public services, parking tickets, dog taxes, ID and passport issuance fees, naturalization fees, construction permit fees, boat docking fees, tuition and meal fees, garbage taxes, signature authorization, access to public infrastructure, access to public events, rental spaces for events, and cemetery taxes. Who Presented The News And What Did They Say? The panel consisted of:  Michele Foletti, the city’s Mayor, who spoke in Italian.  Jan Ludovicus van der Velde, CEO of Tether, who spoke via video. Pietro Poretti, economic development division for the City of Lugano. Paolo Ardoino, CTO of Tether The Mayor said that “Lugano is, historically, a land of technological innovation and freedom.” He believes that “Bitcoin, blockchain, and crypto” should be “disseminated and accessible to all.” And he’s convinced “that this journey will bring benefits to all the citizens and that’s why this is our commitment.” Jan Ludovicus van der Velde briefly recapitulated bitcoin’s history and talked about the value of open-source software. About cryptocurrencies, he said that while the adoption is wide scaled, in practice, “we lack the ability to exchange with the local bakeries and tailors. We lack the ability to pay for higher education or automobiles. We’re stuck waiting for the world to catch up to the future of financial freedom.” About “Plan B” specifically, van der Velde said, “We envision blockchain touching every facet of this city.” NEW: Switzerland's City of Lugano will "roll the red carpet" for #Bitcoin businesses and enthusiasts ?? pic.twitter.com/2hujg4V4wm — Bitcoin Magazine (@BitcoinMagazine) March 3, 2022 Paolo Ardoino stated that “with this Plan B we want to show that the tooling, the instruments, that we’re creating can be actually put to work in a local, controlled, vibrant environment like the City of Lugano.” While Pietro Poretti said that the plan was to “create the ideal conditions for companies to thrive.” They both carried the conference and announced everything else in this article. Ardoino also explained why they chose Lugano. Among other things: It’s in the center of Europe.  Switzerland is safe and secure.  The city is near big airports.  It has forward-looking institutions and administration.  BTC price chart for 03/04/2022 on Coinbase | Source: BTC/USDT on TradingView.com What Does Lugano ‘s “Plan B” Consists Of, Exactly? The only mention of something bitcoin-specific goes to Paolo Ardoino, who sang the Lightning Network’s praises and expressed his wishes for Lugano to be the “first wide adopter.” We know he meant after the legendary Bitcoin Beach in El Salvador, of course.  Ardoino also announced a 100 million CHF fund “for start-ups that want to relocate here and want to put their headquarter here.” “Infrastructure partners like Polygon” made the fund possible. One of USDT’s versions runs on the Ethereum Layer 2 chain, and in this conference, we learned that LVGA, the city’s coin, also runs on Polygon rails.  Besides that fund, Lugano’s “Plan B” consists of: A “Start-up hub for 25+ innovative companies”  A “space for meetups and workshops open to the public.” “3+ million CHF investment into practical grassroot blockchain projects”  “500+ student grants for education in bitcoin and decentralized technologies.” According to Poretti, this whole thing isn’t possible without “synergy with academia.” Announcing The Bitcoin World Forum From October 26th to 28th, at Lugano’s Palazzo dei Congressi, there will be a huge conference. So far, the confirmed speakers are Blockstream’s Adam Back, bitcoin ambassador Samson Mow, and the controversial Max Keiser. More guests are to be announced.  Keep your eye on NewsBTC for following stories about the Bitcoin World Forum and Lugano’s “Plan B.” Featured Image: Lugano's Plan B announcement, screenshot from the video | Charts by TradingView

Feb 09, 2022 07:30

Russia To Recognize Crypto As Currency, Not Digital Assets

Russia is getting ready to take Bitcoin and crypto mainstream in the nation with its upcoming crypto legislation. Covered: Russia Is Giving Crypto The Green Light Cold War II Continues Wait – Russia is going to adopt/recognize #crypto assets as currency. The U.S. just seized 3.6B in #bitcoin from this; ?? pic.twitter.com/koEKLpKCV6 — David Gokhshtein […]

The post Russia To Recognize Crypto As Currency, Not Digital Assets appeared first on CryptosRus.

Jan 29, 2022 02:55

BREAKING: State Senator Introduces Bill To Make Bitcoin Legal Tender

An Arizona state senator just called for Bitcoin to become legal tender. Covered: Arizona Wants Bitcoin As Legal Tender Following El Salvador’s Footsteps RECOMMENDED: NOW ARKANSAS WANTS TO BE THE NEXT BITCOIN CAPITAL OF THE WORLD Arizona Wants Bitcoin As Legal Tender ??BREAKING: Arizona has introduced legislation to make #Bitcoin legal tender! ?? — Bitcoin […]

The post BREAKING: State Senator Introduces Bill To Make Bitcoin Legal Tender appeared first on CryptosRus.

Jan 14, 2022 09:20

City of Rio de Janeiro Plans to Invest Part Of Its Treasury in Crypto

Brazilian City Rio de Janeiro plans to allocate one percent of its treasury reserves in crypto. Also, if you pay your property taxes in Bitcoin, you could get a discount.   Covered: Rio de Janeiro Announces The City’s Treasury Will Hold Crypto Rio de Janeiro To Offer Discount On Property Taxes If Paid With Bitcoin Rio […]

The post City of Rio de Janeiro Plans to Invest Part Of Its Treasury in Crypto appeared first on CryptosRus.

Jan 13, 2022 07:30

Another Country Is Close To Making Bitcoin Legal Tender

This time its the tiny island country of Tonga (Pop: 100,000).  1. Sept/Oct Bill goes to Parliament. Passed.2. Sent to Palace Office for submission to His Majesty for Royal Assent.3.<A month – HM as advised by Privy Council assents to Bill.4. 2-3 Weeks Gazetted by Govt activation date set.4. On activation date #BTC becomes legal […]

The post Another Country Is Close To Making Bitcoin Legal Tender appeared first on CryptosRus.

Nov 24, 2021 02:50

IMF Warns El Salvador Against Using Bitcoin As Legal Tender

The International Monetary Fund unsurprisingly thinks that El Salvador’s bold financial strategy to adopt Bitcoin as legal tender is a poor decision. Covered: IMF Doesn’t Like Bitcoin In El Salvador Other Bitcoin Efforts In The Country #Bitcoin >> IMF & World Bank pic.twitter.com/yHkCVqlv7Y — ???? Deep?lueCrypto ???? (@DeepBlueCrypto) November 23, 2021 Bitcoin is unironically rallying […]

The post IMF Warns El Salvador Against Using Bitcoin As Legal Tender appeared first on CryptosRus.

El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers

Author: Cointelegraph By Inigo Vaca
United States
Oct 19, 2021 08:30

El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers

Users of the Salvadoran government’s Chivo wallet will not be able to see frozen price quotes until the feature has been removed to deter arbitrage scalpers.

Suriname the next Bitcoin Nation? Crypto inspires Parbhoe to fight corruption

Author: Cointelegraph by Daniel Ramirez-Escudero
United States
Nov 26, 2024 12:00

Suriname the next Bitcoin Nation? Crypto inspires Parbhoe to fight corruption

Surinames new presidential candidate Parbhoe wants a deeper Bitcoin nation than Nayib Bukeles El Salvador. 

Your Crypto Gateway

Claim 1,000
Free WCG Coins

World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.

11 bn

FREE CRYPTO COINS

8.9 bn

AVAILABLE FOR RESERVATION

2.1 bn+

ALREADY ALLOCATED

× WCG Coin

🎉 Get 1,000 WCG Coins

No fees. No catch. Your crypto journey starts here.