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Germany’s Cotar wants Bitcoin as a legal tender

German Bundestag member Joana Cotar advocates for Bitcoin’s recognition as a legal tender , aiming to balance innovation with regulatory security. Joana Cotar, a member of Germany’s federal parliament Bundestag, has vocalized her support for making Bitcoin a legal tender in the country. Cotar, known for her forward-thinking views, made these remarks during a recent interview, highlighting her vision to integrate Bitcoin more deeply into Germany’s economic framework. Cotar’s initiative, termed “Bitcoin in the Bundestag,” aims to conduct a thorough assessment to develop a comprehensive legal structure that could potentially acknowledge Bitcoin as a recognized currency. This move, groundbreaking in its implications, reflects a growing interest in the digital currency’s role in mainstream finance. NEW: German parliament member Joana Cotar says “we need to promote the freedom aspects of #Bitcoin.” “This includes preventing excessive regulation to...

Terra users face domain issue amidst legal drama

Terra users are being urged to exercise caution as a security issue with Terra.money comes to light. The incident occurs against legal turbulence in the crypto world, highlighting the industry’s ongoing struggle for stability. Terra, a blockchain platform renowned for its stablecoin, has recently identified a potential threat to its users’ online safety.  2/ Rest assured, the Terra blockchain is unaffected and your funds remain secure. Updates will be provided as soon as the issue is resolved. Thank you for your understanding and patience. — Terra Powered by LUNA (@terra_money) August 18, 2023 The project’s administrators have sounded an alarm, advising users to avoid accessing domains that end in Terra.money. This precautionary measure aims to prevent users from falling victim to potential phishing threats that may exploit the domain’s vulnerability. Despite this domain-related hiccup, Terra’s blockchain infrastructure remains unscathed...