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Bank of America Highlights Key Benefits of El Salvador’s Bitcoin (BTC) Embrace
One of the largest banks in the US, Bank of America recently came out in public support of El Salvador’s move to make bitcoin legal tender by making a case of the development’s benefits. Bitcoin Adoption Offers Key Opportunities to El Salvador On Sunday, August 1, El Salvador President, Nayeb Bukele posted a tweet describingRead More дальше »
2021-8-2 13:00 | |
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What part of Bitcoin as national currency is a 'step too far'
Since El Salvador’s president made the announcement to make Bitcoin legal tender in the country, equal amounts of praise and criticism have been thrown its way. Even as crypto enthusiasts have repeaThe post What part of Bitcoin as national currency is a 'step too far' appeared first on AMBCrypto. дальше »
2021-7-28 22:00 | |
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Protests Erupt In El Salvador Over The Government’s Bitcoin Law
After garnering the approval of a supermajority in parliament, El Salvador enacted its Bitcoin Law, essentially becoming the world’s first country to adopt bitcoin as legal tender. The Bitcoin Law was passed just hours after President Nayib Bukele first revealed his intentions to introduce it. дальше »
2021-7-25 20:18 | |
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Report Reveals El Salvador Plans For Issuing A Stablecoin
El Salvador recently became the first country to adopt Bitcoin as a legal tender in financial transactions, and now it plans to issue a stablecoin. The President, who calls himself “the coolest president in the world,” took the first step to equip his citizens with a digital means of paying for goods & services. дальше »
2021-7-24 21:24 | |
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The people of El Salvador are protesting against Bitcoin bill
President Nayib Bukele’s bill that granted Bitcoin (BTC) a legal tender status in El Salvador is yet to be enforced in September but after the country’s distrust of the new legislation became apparent through opinion surveys, Salvadorans started voicing their disapproval in the streets. дальше »
2021-7-23 05:00 | |
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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 Bitcoin extravaganza. дальше »
2021-7-18 16:51 | |
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JPMorgan slams Bitcoin (BTC) use case in El Salvador
The debate about the ramifications of El Salvador President Nayib Bukele’s successful push to make Bitcoin (BTC) legal tender continues as the US investment bank and financial services holding company JPMorgan Chase & Co. дальше »
2021-7-13 05:00 | |
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Majority of Salvadorans Skeptical of BTC as Currency, Poll Finds
President Nayib Bukele’s adoption of cryptocurrency as legal tender in his country is not being met with deep understanding by most of his fellow Salvadorans, a new survey suggests. Almost half of the respondents admitted they knew nothing about Bitcoin, while two-thirds aren’t ready to be paid in crypto. дальше »
2021-7-10 01:00 | |
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Many El Salvadorans Are Skeptical Of Bitcoin Adoption As Legal Tender
According to a poll releaased on Thursday, more than three-quarters of Salvadorans are skeptical of President Nayib Bukele’s quest to recognize bitcoin as an alternative legal tender. El Salvadorans Are Skeptical Of Bitcoin El Salvadorans’ opinions on the government’s bitcoin plan were disclosed in a recent poll, according to Reuters on Thursday. The poll was […] дальше »
2021-7-10 23:51 | |
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Survey finds most El Salvador citizens are skeptical of making BTC legal tender
More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin.
дальше »2021-7-10 07:00 | |
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News From El Salvador, Early July: Bukele, El Zonte, And The ATM Factory
The Bitcoin train is moving fast in El Salvador. The law that makes it legal tender goes into effect in September, but the first Bitcoin company is already up and running. Also, a member of the US government and Reuters have President Bukele in their minds. дальше »
2021-7-4 14:54 | |
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El Salvador’s President Slammed For “Tricking” 7 Million Citizens With A $30 Bitcoin Airdrop
The adoption of Bitcoin as a legal tender in El Salvador has been accelerating at a commendable speed. In fact, despite criticism and concerns from many onlookers, things have been working in favor of the country’s decision to make Bitcoin its official currency. дальше »
2021-6-30 22:20 | |
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El Salvador’s President Nayib Bukele Says Bitcoin Will be Airdropped to its Adult Citizens
After passing the law that declares Bitcoin a legal tender, which goes into effect in September, El Salvador will be giving out $30 in bitcoin to any of its adult citizens that download a specific app and get verified there. дальше »
2021-6-27 16:00 | |
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Athena Bitcoin to Install 1,500 Bitcoin ATMs in El Salvador as BTC Becomes Legal Tender
Bitcoin ATM operator Athena Bitcoin has unveiled its plan to install 1,500 bitcoin ATMs in El Salvador. Initially, the company will install dozens of machines as a test. El Salvador President Nayib Bukele wants 1,500 bitcoin ATMs installed and Athena Bitcoin said, “we will go for that, but in phases. дальше »
2021-6-25 21:00 | |
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Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet
El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency’s use as legal tender in the economy and to give people an incentive to use the government’s official wallet application. дальше »
2021-6-25 16:30 | |
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El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow
El Salvador’s President Nayib Bukele said in a national address that a recently passed law making bitcoin legal tender would take effect on September 7, noting that its use will be optional. The countries’ Congress has already approved the proposal to embrace the cryptocurrency with a supermajority, making El Salvador the first country in the […] The post El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow first appeared on BitcoinExchangeGuide. дальше »
2021-6-25 15:56 | |
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El Salvador President responds to critics, says Bitcoin plan is ‘bulletproof’
After becoming the first country to usher Bitcoin (BTC/USD) as legal tender, El Salvador is making consistent and unapologetic efforts in the direction of full adoption. According to President Nayib Bukele, the risks are minimal and the move is a giant step forward for humankind, Reuters reported. дальше »
2021-6-24 17:56 | |
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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 a legal tender in El Salvador may soon become a reality as the World Bank’s founding document stipulates that the Bank must accept payments in […] дальше »
2021-6-22 15:55 | |
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Steve Hanke Calls El Salvador’s President “Stupid” For Making Bitcoin Legal Tender
Steve Hanke has condemned the legalization of Bitcoin in El Salvador. The economist believes the decision will “completely collapse” El Salvador’s economy. He called the move “stupid.” His reasoning around this being that El Salvador is a dollarized nation and making Bitcoin legal tender would be detrimental to the economy. Professor Hanke was on Kitco […] дальше »
2021-6-19 02:30 | |
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Why Is Brock Pierce Leading An “Official Delegation of Bitcoin” In El Salvador?
Something is rotten in the state of El Salvador. The first nation to declare BTC as legal tender received no other than the infamous Brock Pierce. An “Official Delegation of Bitcoin Ambassadors” reportedly met with President Bukele and other government officials. дальше »
2021-6-18 10:28 | |
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The World Bank under fire for refusing to help El Salvador switch to BTC
The World Bank came under fire recently after refusing to help El Salvador transition to adopt Bitcoin (BTC/USD) as legal tender — a decision that was announced only about a week ago by the country’s president. дальше »
2021-6-18 10:32 | |
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Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender
The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,” he said. дальше »
2021-6-17 04:00 | |
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Tanzania’s President Calls For Central Banks To Work Towards Crypto Acceptance
Bitcoin and crypto adoption was all over the place last week and it seems like the trend might continue this week as well Following the recent events of El Salvador’s President Nayib Bukele announcing the acceptance of Bitcoin as a legal tender, this has sparked a domino effect of other Central and South American countries […] дальше »
2021-6-14 20:23 | |
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Christine Lagarde Reaffirms ECB’s Crypto Policy as Bitcoin Becomes Legal Tender in El Salvador
The president of the European Central Bank (ECB), Christine Lagarde, has shared her view on El Salvador making bitcoin legal tender. She confirmed that the central bank’s policy on bitcoin and other cryptocurrencies has not changed. дальше »
2021-6-14 04:00 | |
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Iran’s President Wants to Legalize Bitcoin ‘As Soon as Possible’
Iranian President Hassan Rouhani is calling for the establishment of a legal framework for cryptocurrencies that will help discourage unauthorized crypto businesses. While speaking at the government’s Economic Coordination Board on Tuesday, where Rouhani talked about prices of essential consumer goods, he also made remarks about crypto and warned consumers of their risks. дальше »
2021-6-11 16:44 | |
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The Real Truth about Bitcoin Mining using Geothermal Energy from Volcano in El Salvador
Shortly after announcing bitcoin as a legal tender, the President of El Salvador, Nayib Bukele, proposed a new idea of using geothermal energy to power clean crypto-mining. While media outlets around the world are going a bit wild on this news, we wanted to see how the story plays out. дальше »
2021-6-11 14:45 | |
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IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin
The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender. дальше »
2021-6-11 00:00 | |
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Iran’s Government Mulls Legal Framework for Crypto Regulations
The President of Iran, Hassan Rouhani, is looking to establish regulatory policies for the cryptocurrency industry. Meanwhile, crypto mining activities remain banned in the country. Iran Planning to Create Crypto Regulatory Policy According to local news media, the Iranian President made the statement while presiding over the Economic Coordination Board meeting held on Tuesday (JuneRead More дальше »
2021-6-11 13:00 | |
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El Salvador President Plans to Mine BTC Using Volcanoes
President Nayib Bukele has announced that the country will be looking at mining BTC through the use of volcanos following the digital asset becoming legal tender in the country. The post El Salvador President Plans to Mine BTC Using Volcanoes appeared first on BeInCrypto. дальше »
2021-6-10 22:15 | |
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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, Bukele announced during the Bitcoin 2021 Miami Conference that he was considering sending a bill to Congress to make the world’s oldest cryptocurrency the […] дальше »
2021-6-10 19:27 | |
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Elon Musk Slammed For Manipulative Greed As Bitcoin Gains First National Acceptance
From Miami to Manitoba, it’s a eureka moment for Bitcoin as it gets its first official national legal tender status. The announcement by El Salvador’s President Nayib Bukele – the current favorite president of the crypto-world – puts a big blue tick on the resilience and tenacity the world’s biggest and oldest cryptocurrency has shown […] дальше »
2021-6-9 15:40 | |
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Bitcoin became the legal tender in El Salvador
The Parliament of the Republic adopted a law providing for the creation of infrastructure for accepting cryptocurrency payments in the country on an official basis. In the near future, the document of the law will be signed by the President of El Salvador Nayib Bukele. дальше »
2021-6-9 13:48 | |
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Bitcoin (BTC) Officially a Legal Tender in El Salvador
A supermajority in the Salvadoran Congress has approved President Nayib Bukele’s bid to make bitcoin (BTC) a legal tender in the Central American nation. The landmark victory has now put the name of El Salvador in the history books as one of the very first countries to make bitcoin a legitimate currency. El Salvador MakesRead More дальше »
2021-6-9 13:42 | |
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El Salvador Adopts Bitcoin as Legal Tender in Monumental Ruling
El Salvador’s President Nayib Bukele has submitted a draft of the bill that would recognize bitcoin as legal tender in the country. The post El Salvador Adopts Bitcoin as Legal Tender in Monumental Ruling appeared first on BeInCrypto. дальше »
2021-6-9 09:46 | |
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Bitcoin is now ‘legal tender’ in El Salvador
A Bitcoin bill aiming to make the world’s cryptocurrency classified as ‘legal tender’ has “a 100% chance” to passed by the Congress in El Salvador, President Nayib Bukele said today. The post Bitcoin is now ‘legal tender’ in El Salvador appeared first on CryptoSlate. дальше »
2021-6-9 08:52 | |
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How El Salvador Embracing Bitcoin Signifies “The Separation Of Money And State”
Things are moving fast in El Salvador. Since president Nayib Bukele announced a proposal to make Bitcoin legal tender in the country, the whole world seems to be watching. Both investors and crypto business owners are exploring their options in El Salvador and the president’s Twitter profile pic shows laser eyes. In the video shown […] дальше »
2021-6-8 10:44 | |
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El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted the possibility of offering permanent residence to crypto […] дальше »
2021-6-8 23:00 | |
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Paraguay joins the crypto train, says ‘Bitcoin to the moon’
Paraguay is setting an important project in motion this week, hinting at Bitcoin (BTC) and its legal tender status, announced congressmen Carlitos Rejala in a tweet. Only a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it seems Paraguay is going to be the next country racing to legalize […] The post Paraguay joins the crypto train, says ‘Bitcoin to the moon’ appeared first on CryptoSlate. дальше »
2021-6-7 21:00 | |
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Bitcoin Adoption: Why Paraguay Could Follow In El Salvador’s Footsteps
The president of El Salvador Nayib Bukele will submit a bill to its National Congress to approve Bitcoin’s status as a legal tender. This announcement has traveled the world and before its implications could be processed, other nation-states hinted at the possibility of adopting the Bitcoin Standard. дальше »
2021-6-7 17:53 | |
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El Salvador President: No capital taxes on Bitcoin, PR for crypto entrepreneurs
El Salvador president Nayib Bukele said in a tweet last night that investors will pay no capital taxes on Bitcoin gains, a day after announcing the asset could soon be ‘legal tender’ in the country. дальше »
2021-6-7 14:00 | |
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El Salvador to make BTC legal tender; offers crypto entrepreneurs permanent residence
El Salvador is on the path to becoming the first country in the world to adopt Bitcoin (BTC) as legal tender alongside the US dollar. Nayib Bukele, the country’s president unveiled these plans through a video broadcast during the Bitcoin 2021 conference that was held in Miami’s Wynwood neighborhood. дальше »
2021-6-8 13:35 | |
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