BCB
1 views
3 Posts
Hot
Latest
Digital asset trading firm BCB Group has cancelled its acquisition of Sutor Bank
According to an emailed statement. BCB cited "recent banking market events and macroeconomic changes" as the reason for the cancellation. Instead, BCB will focus on its European strategy by applying for an e-money license in France and catering to the demand for U.S. dollar payments. The initial announcement of BCB's plans to acquire Sutor Bank was made in December 2021, but the specific terms of the deal were not disclosed. (The Block)
#BCB
#BCB
See original
🇧🇴 #Regulación of cryptocurrencies in Bolivia 🇧🇴
#Bolivia is possibly the country in Latin America that shows the greatest legislative reluctance towards cryptocurrencies. In 2022, the Central Bank of Bolivia issued an alert on its website and social networks, highlighting high volatility. It even pointed out fraud risks for customers, even illustrating said alert with examples of $BTC and $ETH
The #BCB reaffirmed its position against cryptocurrencies and any form of commercialization in the country. In addition, to maintain your refusal to work or flip a coin #CBDC
José Gabriel Espinoza considers that Bolivia should take into account the legal framework. He even mentioned that the “many young population” could be the ones that end up adopting these technologies.
#Bolivia is possibly the country in Latin America that shows the greatest legislative reluctance towards cryptocurrencies. In 2022, the Central Bank of Bolivia issued an alert on its website and social networks, highlighting high volatility. It even pointed out fraud risks for customers, even illustrating said alert with examples of $BTC and $ETH
The #BCB reaffirmed its position against cryptocurrencies and any form of commercialization in the country. In addition, to maintain your refusal to work or flip a coin #CBDC
José Gabriel Espinoza considers that Bolivia should take into account the legal framework. He even mentioned that the “many young population” could be the ones that end up adopting these technologies.
