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

United States News News

Tanzania Considers Crypto—And Boosts Bitcoin—As Nations Line Up Behind El Salvador To Embrace Decentralized Finance
United States Latest News,United States Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

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,

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:

Forbes /  🏆 394. in US

United States Latest News, United States Headlines

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

El Salvador becomes 1st nation to adopt Bitcoin as legal tenderEl Salvador becomes 1st nation to adopt Bitcoin as legal tenderEl Salvador on Wednesday became the first nation in the world to approve the use of Bitcoin as legal tender.
Read more »

G-7 nations agree to boost climate finance, details missingG-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.
Read more »

Bitcoin and other crypto targeted for banking regulation by BISBitcoin and other crypto targeted for banking regulation by BISThe top global standard setter for banking regulation proposed a strict new rule that would require banks to essentially set aside a dollar in reserves for...
Read more »

El Salvador Becomes First Country to Approve Bitcoin as Legal TenderEl Salvador Becomes First Country to Approve Bitcoin as Legal TenderThe country’s president says the move will bring inclusion to Salvadorans who don’t have access to financial services, but analysts warn of economic risks from bitcoin’s extreme volatility.
Read more »

Crypto Frauds Target Investors Hoping to Cash In on Bitcoin BoomCrypto Frauds Target Investors Hoping to Cash In on Bitcoin BoomScams are running rampant in the cryptocurrency markets as a huge rally in bitcoin, a lack of regulation and the anonymity of digital money have created a ripe environment for fraudsters.
Read more »

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are greenMusk 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...
Read more »



Render Time: 2025-04-11 18:03:25