BTC wallet use in El Salvador is strong, exec claims
El Salvador's government has been using Bitso's custody and exchange services to acquire Bitcoin through the Mexican Bitso exchange.
According to an executive at the cryptocurrency…
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El Salvador
The US introduces a bill to mitigate the dangers of El Salvador adopting Bitcoin
Two US lawmakers submitted legislation aimed at reducing the dangers to the US if El Salvador adopts bitcoin as legal currency after a similar Senate measure was introduced in February.
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14 percent of Salvadoran enterprises have transacted in BTC
El Salvador made history in September 2021 by being the first nation to formally adopt Bitcoin as legal money.
Businesses in El Salvador have been sluggish to accept Bitcoin (BTC) even…
Lugano now accepts cryptocurrency as legal tender
Following El-Salvador's last year's recognition of Bitcoin as legal money. Numerous regions of the globe have been debating the issue and developing initiatives in that regard.
This…
Mexico considering making Bitcoin legal tender?
The news wires started to flicker with stories that the Mexican government was considering legalising Bitcoin. However, before assuming that this is a good indication for crypto adoption,…
Tourism in El Salvador has increased by 30% since Bitcoin’s introduction
President Nayib Bukele of El Salvador previously said that El Salvador's GDP will grow by more than 10% in 2021.
El Salvador's acceptance of Bitcoin (BTC) as legal cash in September 2021…
El Salvador’s pro-Bitcoin president will grant citizenship to overseas investors
The 52 proposed legislative changes ask for less bureaucracy and red tape, as well as the creation of tax incentives, in order to make El Salvador one of the most liberty-oriented nations…
El Salvador intends to launch the world’s first bitcoin bond next month
El Salvador's finance minister Alejandro Zelaya said on February 8 that the country would issue its first "bitcoin bond" next month.
Zelaya said during an interview with a local…
El Salvador Responds to the IMF’s Demand to Abandon Bitcoin
Alejandro Zelaya, El Salvador's finance minister, has replied to recent IMF demands. El Salvador has reacted angrily to the International Monetary Fund's recent demand that it discontinue…
El Salvador Is Down 23% on its On-paper Bitcoin Investments
The first nation to legalise bitcoin has unrealized losses of almost $20 million, or a 23 per cent loss on its BTC investments.
El Salvador's bitcoin experiment started less than a year…
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