News Snapshot:
Countries in the developing world will soon follow in El Salvador’s footsteps and make Bitcoin (BTC) legal tender, BitMEX CEO Alexander Höptner recently predicted. In a blog post published Wednesday, Höptner expressed support for El Salvador’s adoption of Bitcoin as legal tender in September, predicting that developing countries would “lead the way” in adopting Bitcoin: “My prediction is that by the end of next year we will have at least five countries that will accept Bitcoin as legal tender. All will be developing countries. According to Höptner, developing countries will adopt Bitcoin faster due to three major factors: the growing...
