Late Sunday night, El Salvador President Nayib Bukele announced on Twitter that 32 central banks and 12 financial authorities from 44 countries are to meet on Monday, May 16, to discuss financial inclusion, digital economy, banking the unbanked, El Salvador’s Bitcoin rollout and its benefits in the country.

In follow up tweets, the president announced that the Central Bank of São Tomé and Príncipe, Central Bank of Paraguay, National Bank of Angola, Bank of Ghana, Bank of Namibia, Bank of Uganda, Central Bank of the Republic of Guinea, Central Bank of Madagascar, Bank of the Republic of Haiti, and the Bank of the Republic of Burundi, Central Bank of Eswatini and its Ministry of Finance, Central Bank of Jordan, Central Bank of The Gambia, National Committee of Banks and Seguros of Honduras, Directorate General of Treasury, Ministry of Finance and Budget, Madagascar, and the Maldives Monetary Authority are among those that will be attending.

Bukele added that the National Bank of Rwanda, Nepal Rastra Bank, Sacco Societies Regulatory Authority (SASRA), Kenya, State Bank of Pakistan, General Superintendency of Financial Entities of Costa Rica, Superintendence of the Popular and Solidarity Economy of Ecuador, and the Central Bank of El Salvador will also be in attendance.

On Friday, May 13, the Twitter account for Bitcoin Beach announced that “Central bankers from Angola, Armenia, Bangladesh, Burundi, Congo, Costa Rica, Egypt, Gambia, Ghana, India, Namibia, Senegal, Sundan, Uganda, Zambia and 25 other developing countries are getting on planes today to fly to El Salvador.”

The deadline of approval for Grayscale’s ETF application is July 6, 2022.

Happy MSTR cost basis day! Is Micky S going to (a) average down, or (b) cut his losses?

Winner winner chicken dinner.

Newspaper have but one purpose to a thinking man, and that is to read between the lines, what they do not say is just as important as what they do say, and what they do say is to be analysed , and dissected for the underlaying narrative being pushed... and then , with a context of the historical understanding of the situation, decoded.


The actual words they print are generally 99% bulllllllshit......


.....and I am a little surprised that anyone in this thread does not get that yet.

Could be just constipated.

Vladimir Putin may be forced to give up control of the war in Ukraine for days as he is set for cancer surgery, a 'Kremlin insider' has claimed.

The Russian dictator will reportedly nominate hardline Security Council head and ex-FSB chief Nikolai Patrushev to take control of the invasion while he is under the knife.

Shadowy Patrushev, 70, is seen as a key architect of the war strategy so far - and the man who convinced Putin that Kyiv is awash with neo-Nazis.

The extraordinary claims appeared on popular Telegram channel General SVR, which says its source is a well-placed figure in the Kremlin.

[2] Yesterday, at the moment of the #Ukraine attack more than 40 high-ranked Russian military officers gathered in the HQs in #Izium. Reportedly, up to 20 of them are confirmed killed incl. Gen. Andrey Simonov, a commander of electronic warfare forces of the West district.

[3] Gen. Gerasymov suffered a minor shrapnel wound to his right shin without breaking a bone. Source: former minister of Internal Affairs of #Ukraine Arsen Avakov via his sources.

[4] UPDATE - #Ukraine claims that it liquidated at least 200 Russian servicemen incl. 30 high-ranked officers & elite Spetsnaz bodyguards unit as a result of the precision strikes on several Rus. military HQs in the last 5 days. Source: presidential aide A.Arestovych.

Sanctions cannot have a short-term impact on a well-prepared Russia - and on the other hand the EU is playing a very dirty game by supporting Ukraine only to the point of not angering Russia to the end, which means the EU hopes Russia will achieve its goals and that the war will end.

The EU has proved once again that it is weak and incapable of dealing with the crisis in its own backyard, while at the same time the US is sending military aid worth billions. Germany proved itself again by sending military vehicles about 50 years old, but at least they cleaned the warehouse.

https://www.whitehouse.gov/briefing-room/statements-releases/2022/04/28/fact-sheet-white-house-calls-on-congress-to-provide-additional-support-for-ukraine/

The Central African Republic has adopted bitcoin as legal tender, the president's office said Wednesday, becoming the second country in the world to do so behind El Salvador.

Lawmakers unanimously adopted a bill that made bitcoin legal tender alongside the CFA franc and legalised the use of cryptocurrencies, and President Faustin Archange Touadera signed the measure into law, his chief of staff Obed Namsio said in a statement.

The CAR "is the first country in Africa to adopt bitcoin as legal tender," Namsio said.

"This move places the Central African Republic on the map of the world's boldest and most visionary countries," he declared.

Fidelity Investments plans to allow investors to put a bitcoin account in their 401(k)s, the first major retirement-plan provider to do so.

Employees won’t be able to start adding cryptocurrencies to their nest eggs right away, but later this year, the 23,000 companies that use Fidelity to administer their retirement plans will have the option to put bitcoin on the menu. The endorsement of the nation’s largest retirement-plan provider suggests crypto investing is moving further into the mainstream, but it remains to be seen whether employers will embrace it for their workers.

Buying a house with Bitcoin as collateral may soon be possible as crypto startups try to crack the $2.6 trillion mortgage market.

A start-up called Milo started offering 30-year mortgages backed by cryptocurrencies in March. The company is working with more than 700 potential borrowers on pre-approvals and has made $5 million to $10 million in loans, CEO Josip Rupena said in an interview with Barron’s.

“This is a live product and we’re breaking away,” he said.

Borrowers can use Bitcoin, ether, or stablecoins as collateral for a loan. Stablecoins are digital currencies designed to maintain a fixed $1 price. Milo will accept the USD Coin, Gemini Dollar, and Terra stablecoins, Rupena said.

That isn’t the only unconventional aspect of a crypto loan. Milo says it will extend credit for up to 100% of the purchase price if someone has enough cryptocurrency. Someone aiming to buy a house for $500,000, for instance, could pledge $500,000 worth of Bitcoin as collateral to Milo, which would then provide the cash to close the deal with the seller.

Rates for its 30-year mortgages range from 3.95% to 5.95% and the loan may be repaid to Milo in crypto or dollars.

After months of industry consultation, Australia's securities watchdog, the Australian Securities and Investments Commission (ASIC), has given the green light to long awaited spot exchange-traded funds (ETFs) in the world's two largest cryptocurrencies, Bitcoin and Ethereum. The approval will allow Australian investors to gain direct exposure to the physical assets' price through funds that trade on the Australian Securities Exchange (ASX). It also cements Australia's intent toward digital innovation and opens the door for regulators in other jurisdictions to fast-track spot crypto ETFs as the asset class continues to gain momentum with investors.