Search
US Lawmaker Pushes Bill to Allow Bitcoin Payments for Federal Income Taxes, Citing El Salvador’s Success
26.6.2024
U.S. Congressman Matt Gaetz has introduced a bill to allow federal income taxes to be paid with bitcoin. Inspired by El Salvador’s success with the cryptocurrency, the lawmaker believes this move will modernize the U.S. tax system, promote innovation, and maintain America’s...
The Resident Evil Trilogy's Original PC Ports Are Coming Back Completely Unchanged
26.6.2024
Resident Evil, Capcom’s seminal horror franchise, is in the middle of a renaissance thanks to several remakes and new entries in recent years. But the game that started it all, 1996’s Resident Evil, remains a difficult game to play for modern gamers, at least in its original state. However, thanks...
El Salvador’s national Bitcoin chief has been orange-pilling Argentina
26.6.2024
The head of El Salvador’s new crypto commission started his Bitcoin journey in 2013 and continues it today
Latam Insights: Salvadoran Government Introduces Bitcoin Banking Bill, Bitcoin to Compete With Other Currencies in Argentina
24.6.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with other currencies in Argentina, and the Wasabi Wallet...
Wasabi Wallet Lead Developer: ‘Bitcoin Developers Are Failing El Salvador’
18.6.2024
Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El Salvador, having been unable to improve the situation...
Salvadoran Government Introduces Bitcoin Banking Law Reform
16.6.2024
The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The banking law reform introduced to the National Assembly would allow private investors to constitute banks that can provide services in Bitcoin...
Bitcoin bank proposal gains momentum in El Salvador
15.6.2024
The Bank for Private Investment will “diversify the financing options” available to investors in both Dollars and Bitcoin
El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies
15.6.2024
Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be too costly. For Ulloa, bitcoin presents an opportunity to liberate the country from central banks...
‘First Citizen’ of Bitcoin City Leaves El Salvador After Waiting Over 2 Years for Its Construction
10.6.2024
Corbin Keegan, a U.S. national who self-proclaimed himself as the first citizen of Bitcoin City, has temporarily left El Salvador after waiting over two years for the state to build the settlement. President Nayib Bukele first announced this infrastructure proposal for Bitcoin City in November...
Illicit Bitcoin mining farm sealed in Paraguay; El Salvador debate on BTC
3.6.2024
The authorities took action against a Bitcoin mining farm that hosted 2,738 Bitcoin miners and five electric transformers, which were confiscated by the authorities. Supervisory and control systems and AI-backed software helped detect these illegal Bitcoin mining farms. According to the report...
Latam Insights: Paraguay Shuts Down Largest Illegal Bitcoin Mining Farm to Date, Argentina and El Salvador Discuss Bitcoin
3.6.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay shut down the largest illegal bitcoin mining operation to date, Argentine and Salvadoran officials met to discuss bitcoin issues, and Ocean launched...
Pro-Bitcoin President Bukele Begins Second Term in El Salvador
2.6.2024
The pro-bitcoin president of El Salvador, Nayib Bukele, commenced his second term on June 1 at the National Palace in San Salvador, with his family and a large crowd in attendance. Despite rising economic concerns, Bukele’s popularity remains robust. His administration’s notable...
El Salvador's pro-Bitcoin president Nayib Bukele sworn in for a second term
2.6.2024
El Salvador's pro-Bitcoin President Nayib Bukele began a new five-year term, with the crypto industry applauding his leadership as he positions the country as a "world leader."
Jack Dorsey-backed Bitcoin mining pool opens headquarters in El Salvador
30.5.2024
Launched in late 2024, Ocean Mining has now established an international hub and headquarters in El Salvador’s capital city, San Salvador
Jack Dorsey-Backed Bitcoin Mining Pool Ocean Establishes Global Hub in El Salvador
30.5.2024
Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will “continue the advancement of decentralization of Bitcoin mining across the globe,”...
Ark CEO Cathie Wood Talks Bitcoin With El Salvador’s President — Applauds His Vision for BTC Hub
30.5.2024
Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms. “President Bukele’s determination to transform El Salvador into a...
El Salvador’s Bitcoin and AI Adoption Plans Could 10x GDP by 2029
29.5.2024
ARK Invest CEO Cathie Wood believes El Salvador’s Bitcoin and AI adoption plan could see its GDP tenfold in the next 5 years.
The post El Salvador’s Bitcoin and AI Adoption Plans Could 10x GDP by 2029 appeared first on Cryptonews
El Salvador and Cathie Wood talk about Bitcoin-powered economic growth
29.5.2024
El Salvador’s President, Nayib Bukele, has joined hands with Cathie Wood, the Chief Executive Officer of Ark Invest. The idea is to explore the potential unique qualities of Bitcoin and blockchain technology to boost the country’s economy. The impact of their collaborative efforts is expected...
El Salvador’s Bitcoin, AI plans could boost GDP tenfold by 2029: Cathie Wood
29.5.2024
The ARK Invest CEO praised the Central American country for being an “oasis” for Bitcoin and AI adoption
Argentine Officials Met With Salvadoran Regulators to Discuss Bitcoin Adoption and Regulation
27.5.2024
Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the second between these two institutions and hints...