RUMOUR: Countries Incoming...

By 0xjenka.base.eth | Rumour: | 1 Dec 2024


Hot on the heals of last weeks rumours of corporate America incoming...

https://www.publish0x.com/rumour/rumour-corporate-america-incoming-xwvzlgq

It seems Bitcoin is stepping it up a notch already. 

El Salvador

We all already know that El Salvador has made Bitcoin legal tender and continues to buy 1 Bitcoin per day, as well as mining Bitcoin with their Volcano power. 

USA

We know already that Trump has promised to build the US a 'Strategic Reserve' of Bitcoin once he is inaugurated in January.  Although , no more information has emerged about timelines yet.

Kingdom of Bhutan

We know already that the Kingdom of Bhutan have been actively investing in Bitcoin through mining operations and 'Strategic' purchases.  They reportedly hold around 12,000 Bitcoins to date.

More Rumours this week of countries incoming...

Brazil

A Strategic Bitcoin Reserve bill has been tabled in Brazil's Chamber of Deputies.  If passed they could buy 180,000 Bitcoin for around $18B.

Hong Kong

Hong Kong to eliminate Capital Gains Tax on Bitcoin and Crypto for hedge funds and family offices.

Russia

Russia's President Putin has officially signed law regulating Bitcoin and Crypto as property and exempting transactions from VAT tax.

Switzerland

Switzerland passes legislation to study how Bitcoin mining can balance the grid using 'wasted energy'.

Canada

Vancouver Mayor proposes embracing Bitcoin to preserve the city's purchasing power.

Morocco

Morocco to legalise Bitcoin and Crypto says central bank chief.

Poland

Polish Presidential candidate to create a 'Strategic Bitcoin Reserve'.

China

Chinese court rules that Bitcoin is property, meaning that it is no legal to own.  Rumours of China also buying Bitcoin for a 'Strategic Reserve'.

Always DYOR.

How do you rate this article?

16



Rumour:
Rumour:

Rumours circulating the Crypto world.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.