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Further analysis revealed that the number of companies that added Bitcoin to their books in the first four months of 2021 is greater than that of companies which made purchases last yearBitcoin is legal tenderIndonesias central bank move comes just days after another government took steps to make crypto payments mainstream.
Bank Indonesia has announced a ban on the use of cryptocurrencies for payments in the Southeast Asia nation.with the US likely to take steps towards a similar framework after several regulators warned of the dangers posed by stablecoins.Tanzanian president Suluhu Samia Hassan asked the countrys central bank not to be left behind in the preparations needed to accept cryptocurrency use
He encouraged that new forms of digital money should be accepted as a means of payment and trusted as a store of value.The fear with CBDCs is that it could make it easier for money launderers and cybercriminals to operate.
The rise of cryptocurrencies and stablecoins has created an urgency for central banks to release the digital versions of their fiat currencies to ensure they continue to control the global financial system.
CBDCs are gaining popularity globally as central banks are working hard to bridge the gap between them and the private financial system.If you want a similar app thats able to create a more visual output.
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