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Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
5.6.2023
Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether has disclosed its investment in a Salvadoran bitcoin mining operation called “Volcano Energy.” Tether Backs Volcano Energy Tether...
Tether invests in El Salvador's $1B renewable energy project
5.6.2023
El Salvador’s plans to build a billion dollar renewable energy precinct has found a first round investor in stablecoin issuer Tether
Bitcoin Interest Hits Rock Bottom: Google Trends Data Shows Lowest Score in 7 Months
5.6.2023
According to Google Trends, worldwide interest surrounding the term “bitcoin” has plummeted to its lowest point since October 2022, registering a mere 17 out of 100. The active interest for the term has taken a nosedive since June 2022, when the search query for bitcoin reached...
El Salvador's Volcano Energy Secures $1B in Commitments For 241 MW Bitcoin Mine
5.6.2023
The 241 MW site will be powered by wind and solar energy
US Senators Express Concerns over El Salvador's Bitcoin Adoption – What's Going On?
4.6.2023
El Salvador’s adoption of Bitcoin as a legal tender has caused concern among American lawmakers, who are calling for a risk report on the potential impact on bilateral economic relations and law enforcement cooperation.
Last month, US Senators Jim Risch and Bob Menendez reintroduced a bipartisan...
Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
The Bitcoin Standard' Author to Advise El Salvador on Economic Strategy
31.5.2023
Saifedean Ammous, a prominent economist and author of "The Bitcoin Standard," has been appointed as an economic advisor to El Salvador's National Bitcoin Office (ONBTC).
In a Tuesday Twitter thread, the ONBTC revealed that Ammous is joining the division as an economic advisor, providing advice...
Hodl up, El Salvador’s newest economic advisor is a Bitcoin maxi
31.5.2023
Dr. Saifedean Ammous thinks El Salvador will be debt free if it accumulates Bitcoin for the next five years
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
24.5.2023
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
24.5.2023
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week
Strike moves global headquarters to El Salvador, expands to 65 countries
20.5.2023
According to Strike CEO Jack Mallers, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden, unregistered licensing regimes and 1,000 different coins.”
US Senators Reintroduce ‘Accountability for Cryptocurrency in El Salvador (ACES) Act’
16.5.2023
U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” known as the “ACES Act,” for discussion in the Senate. The piece of legislation seeks to examine the level of adoption of bitcoin as a legal tender in...
Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees
15.5.2023
The firm says El Salvador will serve as its base for operations in Latin America
US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill
12.5.2023
The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the country's Bitcoin Law was enacted
Latam Insights: Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating
8.5.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech companies from using crypto, and Fitch improves...
Coinbase remains '100% committed' to US market: Armstrong
5.5.2023
The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much
El Salvador Eliminates All Taxes on Technology Innovations, AI, App Programming
5.5.2023
El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming, AI, computer, and communications hardware manufacturing. The law is expected to boost the country’s technology sector, generate more jobs for...
Bitcoin crowdfunding is Lightning: El Salvador school program hits 1 BTC in donations
4.5.2023
Bitcoin education program "My First Bitcoin" reaches 1 BTC in donations, with Bitcoin Beach matching contributions, fueling expansion
El Salvador’s Bitcoin City Has Not Been Shelved, Say Bukele-linked Bitcoiners
2.5.2023
An El Salvador government-linked organization has rubbished claims that the nation’s ambitious plans to build a haven for bitcoiners have been shelved.
Late last month, a number of Twitter-based individuals claimed that they had come across documentary evidence that the Ministry of Public Works...
Latam Insights — Steve Hanke Advocates Dollarization in Argentina, Bitcoin City Plans Unclear in El Salvador, Sunacrip Implicated in Venezuela Layoffs
1.5.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, economist Steve Hanke calls to dollarize Argentina, Bitcoin City plans are still not formalized in El Salvador, and Venezuelan crypto watchdog...