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Salvadoran president vows to buy "one #Bitcoin every day'
Salvadoran president vows to buy "one #Bitcoin every day'
by  AFP

President Nayib Bukele of El Salvador, the first country to make bitcoin legal tender, said Thursday the nation would buy one unit of the currency every day, doubling down in the face of public criticism of his embrace of the crypto money. "We are buying one #Bitcoin every day starting tomorrow," the president tweeted.

FTX had 'complete failure' of controls, new CEO says
FTX had 'complete failure' of controls, new CEO says
by  AFP

Collapsed cryptocurrency exchange FTX suffered a "complete failure of corporate controls" under founder Sam Bankman-Fried, the company's new chief executive said Thursday, calling the situation "unprecedented." "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here," Ray said in the filing.

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