2021-7-10 07:00 |
More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin.
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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.
2021-7-10 01:00 | |
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El Salvador’s Legislative Assembly has amended its Bitcoin Law, making it optional for merchants to accept Bitcoin as payment. This change aligns with conditions set by the International Monetary Fund for a $1.
The reform passed with 55 votes, with only two against El Salvador became the first country to accept Bitcoin as legal tender in 2021 In December, El Salvador announced it was changing its Bitcoin law to secure a $1.
El Salvador has ramped up its Bitcoin buying a day after agreeing to an International Monetary Fund deal that required scaling back its government-led crypto activities. On Dec. 19, the first nation to adopt Bitcoin as a legal tender and…
El Salvador would also receive $1 billion in lending from the World Bank and $1 billion from the Inter-American Development Bank Under the IMF agreement, El Salvador would change a legal requirement making businesses accept Bitcoin as payment Since 2021, the IMF has been against El Salvador’s Bitcoin Law, asking the government to “narrow its […] The post El Salvador to change Bitcoin plans to secure $1.3bn IMF loan appeared first on CoinJournal.
El Salvador bonds broke into the top gainers in emerging-market debt, driven by Bitcoin’s stride above $100,000.
Incoming President Donald Trump celebrated Bitcoin’s historic price surge as the cryptocurrency hit six figures, sparking optimism among investors. Bitcoin (BTC) reached an all-time high of $100,000 on Dec.