If #Bitcoin can work in #Haiti 🇭🇹, Bitcoin can work anywhere. Documenting Bitcoin adoption in #Haiti 🇭🇹, Latin America, #Africa and developing countries.
Yes - #Bitcoin is a hedge against inflation especially in the global south.
Over the last 33 years #Haiti's currency Gourde (HTG) has collapse over 3,000% against the US Dollar (USD). Inflating at over 90% per year on average.
#Haiti's current inflation rate is 46.4%.
🇧🇷#Brazil's central bank has mandated a 24-hour delay on #Bitcoin🕊️/cryptocurrency transfers exceeding $10,000 to foreign platforms or self-custody wallets, effective January 1, 2027, as part of new anti-fraud measures. This rule aims to curb the use of cryptocurrencies in financial fraud.
#Bitcoin🕊️ will eventually replace these old outdated financial institutions. It's only a matter of when, not if.
🇳🇬#Nigeria's recent Executive Order on Virtual Assets Coordination aims to create a regulatory framework that addresses fraud and cybersecurity threats while promoting innovation in the digital asset sector. This marks a significant shift from previous restrictive policies to a more collaborative and supportive approach for the virtual asset ecosystem.
#Bitcoin🕊️
🇿🇦#SouthAfrica is proposing new regulations that will require individuals to use authorized providers for cross-border #Bitcoin🕊️/cryptocurrency transactions, which will be reported to the Reserve Bank's Financial Surveillance Department. These measures aim to prevent the circumvention of existing financial controls and to monitor illicit financial flows. | Forbes Africa
This is the old and dying system desperately trying to hold power. You don't need no authorized provider to send #Bitcoin🕊️. All you need is a mobile phone and an internet connection. This is why #Bitcoin🕊️ makes banks obsolete.
🇳🇬#Nigeria introduced stamp duty and withholding taxes on #Bitcoin🕊️/crypto transactions this week, including cryptocurrencies, stablecoins, and NFTs, which industry players warn could reduce adoption in one of the world's most active retail crypto markets. | Reuters
🇵🇦#Panama City is considering allowing ships to pay transit fees for the Panama Canal in #Bitcoin🕊️, potentially offering faster passage as an incentive. This initiative is part of a broader strategy to integrate cryptocurrencies into Panama's economy.
🇳🇬#Nigeria is implementing a proposed regulatory framework for #Bitcoin🕊️/cryptocurrency to enhance transparency and investor confidence, aiming to transform diaspora cash into capital. This initiative is part of a broader effort to structure and oversee the rapidly growing cryptocurrency market in the country.
Good morning 😎
Follow along as i document #bitcoin adoption in #Haiti🇭🇹, Latin America, Africa and developing countries.
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#BTC Onward 🧡🌍🦾
🇳🇬#Nigeria's Securities and Exchange Commission has approved the trading of blockchain-based tokenized stocks on the NASD OTC Securities Exchange. This initiative aims to provide small and medium-sized enterprises with easier access to capital markets starting in September 2026.
#Bitcoin🕊️
Educational platforms and groups like Binance Academy, CashApp, PayPal, and more Fintech platforms, slowly, people are learning that you can buy any amount of #bitcoin🕊️ at a time. That even includes amounts that are worth less than a fraction of one cent in US dollars.
#Bitcoin🕊️/Cryptocurrency adoption in Latin America has indeed surged, with the region experiencing growth rates that are significantly higher than those in the US. The primary use case for this adoption is for remittance transfers, as many individuals seek more efficient and cost-effective ways to send money across borders.
🇳🇬#Nigeria has introduced new tax regulations on virtual assets, including #Bitcoin🕊️/cryptocurrencies, to enhance government revenue. These rules require registration, reporting, and impose taxes on transactions, which may impact the adoption of digital assets in the country. | Bloomberg
Good morning 😎
Follow along as i document #bitcoin adoption in #Haiti🇭🇹, Latin America, Africa and developing countries.
Want to support? Follow my page, send a #BTC⚡️ tip, and visit our store for fresh #Bitcoin merch.
(\_/)
( •_•)
/ >👕
https://t.co/1YLHcAPjyA
#BTC Onward 🧡🌍🦾