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This Country Quietly Mined Over 13,000 BTC, Overtaking El Salvador’s Bitcoin Reserves

In a surprising development, Bhutan has significantly increased its Bitcoin holdings, surpassing El Salvador and establishing itself as a major player in the cryptocurrency world. According to data shared by crypto analytics firm Arkham Intelligence on Monday, the Himalayan kingdom now holds just over 13,000 BTC, valued at approximately $780 million. In addition to Bitcoin, […] дальше »

2024-9-18 22:55


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Bitcoin adoption in El Salvador: GAFILAT report finds minimal risk to financial system

El Salvador’s pioneering move to adopt Bitcoin as a legal tender has sparked global interest and debate, especially regarding its impact on financial stability. A recent report by the Financial Action Task Force of Latin America (GAFILAT), an affiliate of the Financial Action Task Force (FATF), offers new insights into this issue. The study concludes […] дальше »

2024-9-5 19:44


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El Salvador’s Bukele proposes new crypto regulations to enhance Bitcoin transaction safety

El Salvador’s President Nayib Bukele has unveiled a proposal to amend the Digital Assets Emission Law, a key piece of legislation enacted last year. This new initiative announced through the Ministry of Economy, aims to enhance the country’s cryptocurrency framework by expanding the role of the National Digital Assets Commission (CNAD). The proposed changes are […] дальше »

2024-8-29 22:29


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El Salvador proposes crypto trade with Russia amid sanctions pushback

El Salvador has reportedly suggested using digital assets like Bitcoin for trade with Russia to circumvent the extensive economic sanctions imposed on Moscow. Alexander Ilyukhin, Russia’s first secretary at the Nicaraguan embassy and head of its El Salvador office, revealed this in an interview with Russian state media outlet Izvestia. дальше »

2024-7-30 23:00