Nayib Bukele, president of El Salvador, announced that a meeting will be held between 32 central banks and 12 financial authorities, in order to talk about Bitcoin.

In recent days, the cryptocurrency has experienced a significant drop after the crash of the stablecoin UST de Luna that lost its parity with the dollar.

This asset reached the minimum value of 0 dollars, which meant for many users the loss of millions of their assets.

Precisely, in the midst of this overwhelming panorama, the president spoke on his social networks about the meeting that will host 44 nations will meet in his country to discuss financial inclusion, the digital economy, banking for the unbanked, the launch of bitcoin in El Salvador and its benefits for the nation.

K. Tovar

Source: DiarioBitcoin

La entrada El Salvador will host a great meeting on Bitcoin apareció primero en Bitfinance.

Binance CEO Changpeng Zhao announced that he fully intends to support the Terra blockchain in its recovery process, but he asked that a little more transparency be seen in the process.

Zhao questioned the idea of ​​hard forking the Terra blockchain as a means of reviving the once-thriving LUNA and UST ecosystems.

“Supply reduction should be done via burning, not forking on an old date, and abandoning everyone who tried to rescue the coin. I don’t have any LUNA or UST either,” the crypto exchange’s CEO said.

The last few weeks have been very busy for the world of cryptocurrencies, to the point that the decline of many of them has been seen, including the Terra project that involved a millionaire loss for thousands of users.

“Failures can or will happen. But when they do, transparency, prompt communication and accountability to the community are extremely important,” Zhao said.

It should be remembered that Binance was one of the first to suspend UST and LUNA trading on its platform when the Terra ecosystem began its death spiral.

K. Tovar

Source: Cointelegraph

La entrada Binance will provide support to Terra apareció primero en Bitfinance.