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🚀 Bolivia Lifts Ban on Bitcoin and Cryptocurrencies! 🚀 In a significant move, Bolivia has lifted its ban on Bitcoin and other cryptocurrencies to boost its economy. 🇧🇴💹 Key Points: Bank Transactions: Banks can now handle crypto transactions. Legal Tender: Digital currencies are not considered legal tender for payments. Regional Trend: Bolivia’s decision aligns with a growing trend in Latin America towards embracing cryptocurrencies to address economic challenges. This marks a major step for Bolivia in integrating crypto into its financial system, potentially unlocking new economic opportunities. 🌟 #Bolivia #Crypto #Bitcoin #Cryptocurrency #EconomicBoost #LatinAmerica #FinTech #Innovation #Banking #CryptoAdoption

𝐅𝐮𝐞𝐥 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐢𝐧 𝐁𝐢𝐭𝐜𝐨𝐢𝐧! ⛽️ 🇨🇦 Yes, you heard it right. 𝐂𝐚𝐧𝐚𝐝𝐚 introduces its first fuel station accepting 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 📀 as a form of payment. This marks a significant milestone in the adoption of cryptocurrencies in everyday transactions. The station allows customers to pay for fuel and other services directly using Bitcoin, reflecting the growing trend 📈 of integrating digital currencies into more conventional retail environments. It will push the acceptance🤝 of cryptocurrencies in various sectors across Canada. The process typically involves scanning a QR code at the payment terminal, which then processes🔀 the transaction through a crypto payment gateway, converting the Bitcoin into Canadian dollars💵 or keeping it as Bitcoin depending on the setup ✅ The move is seen as a test case that could lead to more widespread adoption of cryptocurrency payments across other industries in Canada 🇨🇦, especially as the regulatory environment becomes more favorable towards digital currencies.🌎 Share your views with us 💬 & follow us ⏩ for more industry updates. 🖱 www.cryptominers.ae 📩 [email protected] 💡https://lnkd.in/dtAZxRK7 ⚙https://lnkd.in/dRS9j4Rk 💢https://lnkd.in/dB7rECmT 📸https://lnkd.in/dv--mT6g ✖️x.com/cryptominersgcc ➿https://lnkd.in/d9VrDptT #canada #fuel #petrol #payment #bitcoin #cryptominers

Latin America, the second fastest-growing #crypto region, saw a 42.5% YoY growth driven by Venezuela, Argentina, and Brazil. Argentina leads with $91.1B in crypto transactions, with high #stablecoin usage, partly due to its inflation crisis (143% by mid-2023) and ARS devaluation. Stablecoin transactions, making up 61.8% of Argentina's crypto volume, show how citizens use crypto to hedge against inflation. In Venezuela, despite the turbulent history of state-backed crypto like the petro, YoY crypto growth reached 110%. The Maduro regime has experimented with #cryptocurrency, even amid sanctions, using crypto in illicit oil trades, while citizens seek it as a safe haven from the declining bolívar. This inverse relation between the bolívar’s value and crypto adoption highlights the role of crypto as an alternative financial solution in unstable economies 🤔

𝐅𝐮𝐞𝐥 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐢𝐧 𝐁𝐢𝐭𝐜𝐨𝐢𝐧! ⛽️ 🇨🇦 Yes, you heard it right. 𝐂𝐚𝐧𝐚𝐝𝐚 introduces its first fuel station accepting 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 📀 as a form of payment. This marks a significant milestone in the adoption of cryptocurrencies in everyday transactions. The station allows customers to pay for fuel and other services directly using Bitcoin, reflecting the growing trend 📈 of integrating digital currencies into more conventional retail environments` It will push the acceptance🤝 of cryptocurrencies in various sectors across Canada. The process typically involves scanning a QR code at the payment terminal, which then processes🔀 the transaction through a crypto payment gateway, converting the Bitcoin into Canadian dollars💵 or keeping it as Bitcoin depending on the setup ✅ The move is seen as a test case that could lead to more widespread adoption of cryptocurrency payments across other industries in Canada 🇨🇦, especially as the regulatory environment becomes more favorable towards digital currencies.🌎 #canada #fuel #petrol #payment #bitcoin #cryptominers #cryptouae #news #dubai #btc #mining

𝗧𝗵𝗲 𝗧𝗼𝗽 𝟱 #𝗖𝗿𝘆𝗽𝘁𝗼 𝗡𝗲𝘄𝘀 𝗦𝘁𝗼𝗿𝗶𝗲𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗹𝗮𝘀𝘁 𝟮𝟰 𝗵𝗼𝘂𝗿𝘀, 𝗮𝘀 𝗼𝗳 𝗝𝘂𝗹𝘆 𝟯𝟬𝘁𝗵, 𝟮𝟬𝟮𝟰: 📉 The U.S. national debt has surged past $35 trillion, which is a new high. This number represents a growing problem that has expanded by nearly $1 trillion in just seven months and about $2.35 trillion over the last year. That’s roughly $6.4 billion added daily. 💸 23,288,726 #XRP (14,022,492 USD) transferred from #Binance to an unknown wallet. 📉 Telegram-based project Toncoin (TON) has seen its market dominance subside despite outperforming Bitcoin (BTC) for most of the year. Before the latest bounce, TON encountered a challenging two-week period as the price fell by 15%. 🔐 #Coinbase, a cryptocurrency exchange, was named by DigitalX as its custodial partner for its new spot Bitcoin ETF on July 19. 🤝 El Salvador reportedly offered Russia a proposal to use digital currencies as a medium of trade between the two countries. El Salvador is also considering applying for BRICS membership to pursue further economic development.

7. Bitcoin in Africa: A Means of Financial Liberation In several African countries, rampant inflation, banking restrictions and economic instability have prompted many people to adopt Bitcoin as an alternative solution. Nigeria, in particular, has become a center of Bitcoin adoption. In 2020, despite government restrictions, Bitcoin trading exploded. For many people, Bitcoin has become a way of bypassing banking limitations and securing their savings in the face of collapsing local currencies. Africa shows how Bitcoin can play a key role in under-banked regions. #studybitcoin #bitcoin #btc

Looks like Canada won't be getting a digital currency any time soon. The #BankofCanada announced its abandonment after years of research, deciding its efforts are better focused elsewhere. What do you think? Should Canada have given up on its own #crypto? Read about this and more in today's Canada Stock Digest [https://lnkd.in/gQEuW8fk] #PersonalFinance #MoneyTok #FinanceTips #FinancialLiteracy #Investing #WealthBuilding #Budgeting #DebtFree #SideHustle #SavingMoney #StockMarket #RetirementPlanning #FinancialFreedom #MoneyManagement #CreditScore #cryptocurrency #bitcoin

The United States is turning to crypto as a strategic tool to boost global demand for its bonds, helping sustain its economy. With fewer traditional investors buying U.S. bonds, the government faces a significant borrowing challenge. To address this, the U.S. is leveraging the vast crypto market, valued at around $2-3 trillion, to absorb capital. Here’s how the strategy works: 1. Crypto Prices Surge: Economic trends and social influence cause crypto prices to rise significantly. 2. Increased Demand for Stablecoins: As more people invest in crypto, the need for stablecoins like USDT and USDC grows. 3. Issuance of Stablecoins: Companies like Tether and Circle issue more stablecoins to meet this demand. 4. Backing with U.S. Bonds: These stablecoins are backed by U.S. bonds, indirectly supporting the U.S. economy. Even crypto enthusiasts who favor decentralized systems end up supporting a centralized one by holding stablecoins. This explains why figures like Trump are engaging with the crypto community. By integrating crypto into their financial strategy, they aim to support the economy with a fresh $2-3 trillion in debt. For investors, this approach suggests that the crypto market is set to expand further, driven by these economic strategies. #Crypto #Blockchain #Cryptocurrency #Bitcoin #EthCC #Ethereum #DeFi #web3jobs #Cryptotrading #Cryptojobs #CryptoCommunity #Web3 #NFT #Altcoins #blockchainheadhunter #cryptoheadhunter

⭕️ And now the fifth problem of digital #currency_holders in #Canada: ⚠️ #Regulation of #Stablecoins and #DeFi: ☑️Stablecoin regulation: As stablecoins like USDT and USDC play a significant role in the crypto ecosystem, any future regulations targeting stablecoins could impact how Canadians use these assets in the market. Canadian authorities have been cautious but are expected to bring in more clarity around their use. ☑️DeFi risks: The decentralized finance space is growing, but it lacks the consumer protections that exist in traditional financial systems. Users engaging with DeFi protocols face risks of smart contract bugs, hacks, or scams, and the regulatory stance on DeFi in Canada remains underdeveloped. #Canada #Digideslize #Bitcoin #Cryptocurrency #Invest #Trade

Stay updated and explore insights into crypto payments with the Fizen Super App 👇 🟣 Tether led the $25 million investment in Oobit - a Tap & Pay mobile payment app at over 100 million retailers worldwide aims to effortlessly embrace digital assets as a form of payment in everyday use. 🟣 [Old but Gold] Lugano pioneers as the first city to accept Bitcoin and Tether payments for all city invoices (Watch the video of Lugano's Mayor in the next thread) 🟣 Crypto cards are booming with new whale players besides Crypto.com, Coinbase,… bridging the gap between digital currencies and the real-world economy. 📰 See more at: https://lnkd.in/g_cibddZ #Fizen #RWA #RWU #cryptopayments