There have been important and positive developments regarding Bitcoin in recent days. It looks like there will be even more important developments in the coming days. Countries and Giant companies see great potential in Bitcoin and think that it can make things easier. Let's examine today's developments regarding Bitcoin.
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The cryptocurrency market continues to grow and be adopted more and more every day. This process, which started with Blockchain and cryptocurrency lovers at first. Now countries and giant companies are also participating in this market or are making plans to participate.
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Mary Barra, chairman and CEO of General Motors, the largest automaker in the USA, made important and positive statements about Bitcoin to CNBC. Mary Barra stated that they attach great importance to the wishes of the customers and added that they can accept Bitcoin (BTC) as a payment tool if there is a demand from them. In addition, Mary Barra stated that they are working to make the purchasing process of customers as easy as possible. She added that Bitcoin is very suitable for this job to make the buying process easier.
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Last week, El Salvador accepted Bitcoin as legal tender with the approval of the vast majority of the parliament. Today, Tanzanian President Samia Suluhu called on the Central Bank of Tanzania to initiate studies for the widespread use of cryptocurrencies. The Tanzanian president wants wider adoption of the cryptocurrency. When we examine Suluhu's statements, She may accept Bitcoin as legal tender in Tanzania in the coming days. It may even go further for cryptocurrencies.
Similar studies are underway in Panama. Although there is no statement from the Panamanian government for now, Opposition politician Gabriel Silva has started working in Panama for the legal adoption of cryptocurrencies. Congressman Gabriel Silva plans to introduce a bill on the legal adoption of cryptocurrencies. In addition, Silva said that he found El Salvador's decision regarding Bitcoin (BTC) positive. He also emphasized that they want to make a similar law in Panama.
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Twitter CEO and cryptocurrency advocate Jack Dorsey has supported the efforts of his group, which is trying to persuade the Ethiopian government to adopt Bitcoin (BTC). Project Mano group is trying to persuade the Ethiopian government to adopt Bitcoin (BTC). They are calling on the Ethiopian government in this regard and seeking support. The Project Mano group is lobbying to facilitate Bitcoin mining, buying BTC, accepting Bitcoin as legal tender and facilitating transactions related to cryptocurrencies in Ethiopia. Jack Dorsey supported the sharing of the group.
Using cryptocurrencies as a means of payment and investment is incredibly easy. That's why many people around the world are very interested in cryptocurrencies. Using cryptocurrency as a means of payment or making transfers is cheaper and easier than banks. It is also easier and more profitable to invest. You don't have to deal with many procedures. That's why decentralized finance (DeFi) is growing more and more every day. It will continue to grow. Therefore, Countries and companies are working and making plans to join the cryptocurrency market as they see this potential in cryptocurrencies.
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