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Bitcoin Legal Tender in 7 Days: El Salvador Publishes Video Explaining What to Expect
31.8.2021
Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law enters into force. The video features the government’s fee-free crypto wallet, Chivo. Government’s...
El Salvador's Bitcoin adoption may transform remittance in Central America
25.8.2021
Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender
Draft El Salvador Bitcoin banking regulations released
19.8.2021
El Salvador’s Banco Central de Reserva has released two documents detailing how banks should deal with Bitcoin
Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador
3.8.2021
Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings...
Inside El Salvador’s Bitcoin experiment: Cointelegraph video report
27.7.2021
Cointelegraph traveled to El Salvador to investigate whether citizens believe its new Bitcoin Law will be beneficial to the nation's economy
El Salvador Bitcoin move will put pressure on network: JPMorgan
12.7.2021
Daily payment activity in El Salvador would represent more than 1% of the total value of BTC that have been transferred between wallets in the past year, JPMorgan experts say
Survey finds most El Salvador citizens are skeptical of making BTC legal tender
9.7.2021
More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin
US state dept urges El Salvador to be 'responsible' about Bitcoin adoption
2.7.2021
Victoria Nuland said the United States was taking a "tough look at Bitcoin" following a major ransomware attack and suggested El Salvador take a similar approach
Athena Bitcoin to Install 1,500 Bitcoin ATMs in El Salvador as BTC Becomes Legal Tender
25.6.2021
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...
Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet
25.6.2021
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. $30 in Free Bitcoin The president of El Salvador, Nayib Bukele...
Chainbytes Bringing Bitcoin ATMs to El Salvador, Launching Manufacturing Hub
24.6.2021
Bitcoin ATM provider Chainbytes is setting up a bitcoin ATM manufacturing hub in El Salvador. The move follows the country passing a bill making bitcoin legal tender. The company plans to make El Salvador “the manufacturing hub of bitcoin ATMs for all of the Americas.” Bitcoin ATMs...
World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues
17.6.2021
The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. World Bank Won’t Help El Salvador With Bitcoin Law The World Bank said...
World Bank refuses El Salvador's request for help on BTC transition
17.6.2021
The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender
Economists Want El Salvador Bitcoin Law Repealed, but President Wins Key Ally
15.6.2021
El Salvador is edging ever closer to fulfilling its President Nayib Bukele’s Bitcoin (BTC) dreams – with external help on its way, although voices of disdain continue to warn of impending financial peril if Bukele gets his way.
Per Reuters and AFP (via El Economista), the head of the Central...
Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law
15.6.2021
A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also reportedly expressed interest...
Christine Lagarde Reaffirms ECB’s Crypto Policy as Bitcoin Becomes Legal Tender in El Salvador
14.6.2021
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. ECB’s Lagarde Comments on El Salvador Making Bitcoin...
IMF Voices Concerns Over El Salvador Making Bitcoin Legal Tender
11.6.2021
The International Monetary Fund (IMF) has warned of “a number of macroeconomic, financial and legal issues” surrounding El Salvador making bitcoin legal tender. “Crypto assets can pose significant risks and effective regulatory measures are very important when dealing with...
IMF Not Happy About El Salvador Bitcoin Move
10.6.2021
Source: iStock/Bumblee_Dee
Adoption of bitcoin (BTC) as legal tender raises "a number of macroeconomic, financial and legal issues that require very careful analysis," Reuters reported, citing a spokesman for the International Monetary Fund (IMF).
The fund is following "developments...
New report: El Salvador Bitcoin pump failed to attract smart money, for now
10.6.2021
Bitcoin market sentiments remain skewed to the downside even after it becomes a legal tender in El Salvador following a parliamentary nod
El Salvador Bitcoin Law Making BTC Legal Tender Passes With Supermajority
9.6.2021
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private...