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Salvador

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Crypto 18/07/21 15:51 by Brenda Ngari
El Salvador Is Reportedly Planning Its Own National Stablecoin — Here’s What You Need To Know
In June, El Salvador became the first country in the world to make bitcoin legal tender, just days after millennial president Nayib Bukele announced his ambitious crypto vision during the 2021 Miami ...
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Bitcoin 12/07/21 17:05 by Brenda Ngari
El Salvador’s Adoption Of Bitcoin As Legal Tender Will Stress The Blockchain — JPMorgan Reveals Why
While many Bitcoiners have praised El Salvador’s decision to make Bitcoin legal tender on a par with the United States dollar, global investment bank JPMorgan Chase does not share their enthusiasm....
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Bitcoin 09/07/21 19:48 by Brenda Ngari
Shocking Majority Of El Salvador Citizens Skeptical Of Bitcoin As Legal Tender, New Survey Shows
In a relatively big survey of 1,233 people in El Salvador, pollster Disruptiva made some interesting discoveries. The survey found that most of the citizens in El Salvador disapprove of the governmen...
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Bitcoin 28/06/21 18:52 by Asad Gillani
Top English Cricketer Kevin Pietersen Acknowledges Bitcoin (BTC)
The Bitcoin and altcoin space never ceases to have new entries. From giant firms to government-back institutions and celebrities all joining the party, it’s no gain to say that the world has yet...
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Bitcoin 27/06/21 22:43 by Adrian Klent
Americans Now Want To Be Vastly Paid In Bitcoin, Courtesy Of El Salvador. When Will It Happen?
President of El Salvador, Nayib Bukele, in a recent national address revealed that the government would pay all its registered adult citizens $30 in Bitcoin to their digital wallets.  Bukele also...
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Altcoins 27/06/21 19:46 by Bernice Nyambura
Cardano Is Sharpening Fresh Focus On El Salvador Following Bitcoin’s Legal Tender
Cardano’s parent company Input Output Hong Kong (IOHK) has opened up communication channels with relevant officials in El Salvador with the aim to establish a state-level partnership for Cardano i...
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Bitcoin 25/06/21 18:00 by Best Owie
El Salvador Is Giving $30 In Bitcoin To Its Citizens
Ahead of the September 7 bitcoin law implementation date, El Salvador President Nayib Bukele has unveiled a new government crypto app. The government-issued app, which is known as Chivo, will be used ...
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Bitcoin 25/06/21 15:52 by Brenda Ngari
Every Adult Citizen In El Salvador To Receive $30 Worth of Bitcoin From The Government
El Salvador is planning to airdrop $30 in bitcoin to its citizens, the country’s president, Nayib Bukele, announced during a national address on Thursday. El Salvador To Airdrop BTC During hi...
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Bitcoin 22/06/21 19:27 by Brenda Ngari
El Salvador’s Opposition Party Files Lawsuit Against Bitcoin Legal Tender Legislation
An opposition party in El Salvador and some public members have filed a complaint against the government’s bitcoin legal tender law, which they view as unconstitutional. El Salvador’s Bitcoin ...
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Bitcoin 21/06/21 14:55 by Adrian Klent
World Bank’s Founding Document Makes It Mandatory To Support El Salvador On Implementing Bitcoin
The World Bank recently rejected a request from El Salvador for assistance with its adoption of Bitcoin as legal tender. Despite this, President Nayib Bukele’s dogged pursuit to make Bitcoin...
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Bitcoin 17/06/21 15:25 by Adrian Klent
World Bank Snubs El Salvador’s Request For Help With Integrating Bitcoin
The World Bank has rejected a request from El Salvador for assistance with its Bitcoin adoption plans, reports Reuters. The World Bank, an international financial institution that offers loans and...
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Bitcoin 15/06/21 16:11 by Reynaldo Marquez
How CABEI Will Support Implementation Of Bitcoin Law In El Salvador
Dante Mossi, president of The Central American Bank for Economic Integration (CABEI), confirmed in a press conference that the institution will support El Salvador’s efforts to enforce its Bitco...
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Bitcoin 11/06/21 17:47 by Bernice Nyambura
El Salvador’s Legal Bitcoin Tender Could Have Grave Repercussions, IMF Warns
The International Monetary Fund (IMF) has responded with criticism to El Salvador’s decision to adopt bitcoin as a legal tender, saying that the move will likely lead to unforeseen economic risks a...
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Mining 11/06/21 14:00 by Samuel Wan
Will Bitcoin Mining Backed Volcano Bonds Be Enough To Ward Off The IMF?
El Salvador passed a bill making Bitcoin legal tender this week, putting it on equal footing with the country’s official national currency, the U.S dollar. While this was celebrated as a victory...
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Bitcoin 11/06/21 13:48 by Adrian Klent
Elon Musk’s Tesla Can’t Say No To Bitcoin Payments In El Salvador
The past few weeks have seen the price of Bitcoin dwindle after Elon Musk’s announcement that Tesla would no longer accept Bitcoin as payment for its products. Musk, who in March announced t...
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Mining 10/06/21 16:32 by Bernice Nyambura
Bitcoin Mining Farms in El Salvador to Utilize Clean, Cheap, Renewable Volcanic Energy, President Bukele Declares
Bitcoin mining farms operating out of El Salvador will soon be able to access and utilize clean, affordable, and renewable energy from the country’s active volcanic activity. This latest develop...
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Bitcoin 09/06/21 18:27 by Brenda Ngari
Groundbreaking Bill Giving Bitcoin Legal Tender Status Officially Passed In El Salvador
With 62 votes a few hours ago, the Salvadoran Congress has approved the bill introduced by president Nayib Bukele to adopt bitcoin as the country’s legal tender. As ZyCrypto reported earlier, Bu...
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Bitcoin 09/06/21 14:00 by Samuel Wan
El Salvador’s Bitcoin Bill Gets Congressional Approval, But Skeptics Voice Their Concerns
El Salvador’s Bitcoin Bill was first publicized last weekend during the Bitcoin Miami 2021 Conference. It proposes to regulate Bitcoin as legal tender, therefore integrating it with the country&...
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Bitcoin 09/06/21 12:07 by eduardoprospero
Top Economist Calls Bitcoin As Legal Tender “Stupid”. Here’s why he’s wrong.
Let’s not kid ourselves, a person like Steve Hanke has enormous incentives to defend the status quo. He’s benefited tremendously from it. It could be argued that his livelihood depends on ...
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Altcoins 07/06/21 23:10 by Olivia Brooke
Justin Sun Reveals Tron Will Become First Crypto Organization To Hit El Salvador
After the President of El Salvador, Nayib Bukele announced that the Central American country would be entering the Bitcoin market, the Bitcoin market has reacted bullishly to the news and key players...
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Bitcoin 07/06/21 16:53 by Brenda Ngari
After El Salvador, Paraguay Is Reportedly Working On A Major Project Involving Bitcoin And PayPal
Just days after El Salvador’s bitcoin announcement, Paraguay may be the next nation to announce a big project involving the flagship cryptocurrency. This is according to a recent tweet from Paragua...
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Bitcoin 06/06/21 19:29 by Reynaldo Marquez
Why Bitcoin Declared Legal Tender Could Have Major Implications Beyond El Salvador
The adoption of the Bitcoin Standard by nation-states has begun. El Salvador will become the first country to declared BTC a legal tender. The announcement was made recently; the crypto space and its ...
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Bitcoin 06/06/21 12:27 by Brenda Ngari
Historic Moment: El Salvador Set To Become First-Ever Sovereign Nation To Recognize Bitcoin As Legal Tender
El Salvador caused a sensation during the Bitcoin 2021 conference in Miami on Saturday afternoon. The country’s president is poised to introduce a bill that will make it the world’s first coun...
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