Emerging Markets

Azerbaijan Rejects Crypto as Means of Payment

8 months ago adcity Comments Off on Azerbaijan Rejects Crypto as Means of Payment
Emerging Markets The chairman of Azerbaijan’s Central Bank (CBA), Elman Rustamov, has described the nation’s position regarding cryptocurrencies as ‘conservative’ according to local reports. Mr. Rustamov stated that the CBA does not recognize cryptocurrencies as a legitimate means of payment and that the central bank intends to develop a “legislative infrastructure” before “introducing technology.” Read More

Five Countries Where Bitcoin is Illegal

8 months ago adcity Comments Off on Five Countries Where Bitcoin is Illegal
Emerging Markets To those who understand it, bitcoin is a blessing, but not everyone shares that sentiment. From scaremongering CEOs to entrenched central bankers, bitcoin’s list of detractors runs long and deep. Elected officials reserve particular ire for bitcoin however, with leaders across the globe weighing in. While most governments seek regulation, others have gone Read More