News with the tag "Republic"

The narrative around Bitcoin as a legitimate reserve asset for central banks is facing fresh headwinds. A high-ranking official from the Czech National Bank (CNB) has voiced significant reservations, injecting a dose of reality into the often-exuberant crypto discourse. Is this skepticism a crucial ...

Former FTX CEO Sam Bankman-Fried suggested on Thursday in an interview with conservative pundit Tucker Carlson that one of the reasons he’d been given a harsh prison sentence was because he was getting closer to the Republican Party in the lead-up to his arrest. “One fact that might be relevant. In ...

The Czech National Bank is exploring bitcoin’s potential as a reserve asset, with its governor emphasizing the need to adapt to evolving financial markets despite crypto risks. Czech Central Bank Signals Bitcoin Interest—A Step Toward BTC Reserves? Aleš Michl, governor of the Czech National Bank (CN...

The Czech National Bank (CNB) is considering studying Bitcoin ( BTC ) as part of its reserve management strategy, according to the bank’s governor Aleš Michl. Central banks should not dismiss Bitcoin outright but instead analyze its underlying technology and potential role in financial reserves, Mic...

Czech National Bank Governor Ales Michl on Wednesday continued his campaign for possibly adding bitcoin (BTC) to the central bank balance sheet, including encouraging words for those frustrated by the reputational damage inflicted on bitcoin by the broader crypto market. The crypto market will exper...

President Faustin Archange Touadéra of the Central African Republic officially launched the CAR memecoin on Feb. 9 via a video shared on his X account. Deepfake Claims Dismissed The President of the Central African Republic, Faustin Archange Touadéra, officially launched the CAR memecoin on Feb. 9, ...

In a dramatic turn of events, the President of the Central African Republic (CAR), Faustin-Archange Touadéra, has taken to social media platform X to address swirling rumors of deepfake videos and to unequivocally reaffirm his nation’s unwavering commitment to blockchain technology and its very own ...

In a bold move aimed at revitalizing its struggling economy, the Central African Republic (CAR) has launched a new crypto, dubbed “CAR Meme.” This initiative , spearheaded by President Faustin-Archange Touadéra, a former mathematics professor, seeks to attract much-needed investment to the nation, w...

The Central African Republic’s (CAR) memecoin, its most recent significant attempt to enter the cryptocurrency market, has suffered a major setback. Its newly launched memecoin, CAR, has plummeted nearly 97% from its peak in less than two days. A Rocky Start for the CAR Memecoin Notably, the CAR mem...

Central African Republic President Touadéra has reportedly launched a meme-coin, $CAR, to raise the country’s profile. This follows a previous, less successful attempt to adopt Bitcoin as legal tender. While Touadéra claims the CAR launch was a “success,” the coin’s value dropped significantly. He d...