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70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near
3.9.2021
The majority of El Salvadorans are skeptical of the country’s impending Bitcoin Law, with 90% of locals describing their understanding of crypto as poor or non-existent
Legislative Assembly of El Salvador approves $150M Bitcoin Trust
1.9.2021
El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet
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...
Group of Salvadorans Take to the Streets to Protest El Salvador’s New Bitcoin Law
25.7.2021
While some Salvadorans situated near Playa El Zonte beach like the new bitcoin tender law implemented by Nayib Bukele’s regime, a number of other citizens dislike the law. This week, regional reports show citizens from El Salvador have taken to the streets to protest the bitcoin tender law....
Unconfirmed Stablecoin Report Brings Confusion Amid Bukele’s Bitcoin Law
19.7.2021
A Salvadorian economist has hit out at President Nayib Bukele and his younger twin brothers – after a report claimed that the Bukele family has been secretly planning the release of a stablecoin and a crypto wallet.
Per El Diario de Hoy’s website ElSalvador.com, economist Tatiana Marroquín,...
Report Claims Nayib Bukele’s Regime May Issue a Salvadoran Stablecoin
18.7.2021
According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U.S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin. Some Say the Colón-Dollar...
Constitutional Lawyer Attacks Bukele’s Bitcoin Adoption Plan
16.7.2021
A constitutional lawyer has questioned the legality of El Salvador President Nayib Bukele’s bid to make bitcoin (BTC) legal tender alongside the United States dollar.
Per ElSalavador.com, the website of the El Diario de Hoy newspaper, the constitutional lawyer Enrique Anaya has claimed that...
Paraguayan MP To Test BTC Bill This Week, JPMorgan Questions Bukele's Move
12.7.2021
Palacio de López is a palace in Asunción, Paraguay, that serves as workplace for the President of Paraguay, and is also the seat of the government of Paraguay. Traditional financial analysts are pouring uninformed scorn on El Salvador’s President Nayib Bukele’s bitcoin (BTC) adoption plans – while...
Majority of Salvadorans Skeptical of BTC as Currency, Poll Finds
10.7.2021
President Nayib Bukele’s adoption of cryptocurrency as legal tender in his country is not being met with deep understanding by most of his fellow Salvadorans, a new survey suggests. Almost half of the respondents admitted they knew nothing about Bitcoin, while two-thirds aren’t ready...
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 Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
3.7.2021
The U.S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U.S. has urged El Salvador to be responsible with the country’s new bitcoin law. Nuland told the press that the U.S. was taking a “tough...
Salvadorans will not be forced to use the government's Bitcoin wallet
29.6.2021
The government’s new “Chivo” Bitcoin wallet will be interoperable and commission-free
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...
El Salvador to airdrop $30 in Bitcoin to every adult citizen
25.6.2021
Every Salvadoran adult who downloads the government’s Bitcoin wallet app will be eligible for an airdrop of $30 worth of BTC
Bitcoin Starts Legal Tender Test on Sept 7, Bukele Sees 'Dirty Campaign'
25.6.2021
The president of El Salvador, Nayib Bukele. Source: Twitter/ @PresidenciaSV
The most popular cryptocurrency, bitcoin (BTC), will become legal tender on September 7 and will be optional for those who don't want to receive it, El Salvador's President Nayib Bukele said in a national address...
Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador
25.6.2021
Accessing BTC is about to get a lot easier in El Salvador with the crypto ATM rollout
Bukele Teases Volcano-powered Bitcoin Mining Center as Exchange Arrives
23.6.2021
Source: Twitter/@nayibbukele
Not everybody in El Salvador may be aboard the Bitcoin (BTC) boat – but the nation’s bullishly pro-BTC President Nayib Bukele appears set to press ahead with his crypto plans nonetheless, with an overseas exchange opening its doors for business and a “sneak peek” at...
Salvadoran Representative Introduces Lawsuit Against the Bitcoin Tender Law for Being Unconstitutional
22.6.2021
Jaime Guevara, a Salvadoran representative, presented a lawsuit against the recently approved bitcoin tender law today. Guevara alleges the law is unconstitutional and brings a series of changes that will cause problems for Salvadorans. Some people suspect Bukele’s regime is behind...
MP Lodges Constitutional Challenge to Bukele’s Bitcoin Bill
22.6.2021
Another Salvadorian MP has launched a bid to derail President Nayib Bukele’s bitcoin (BTC) adoption bill – and has teamed up with a lawyer as part of his effort.
As reported last week, two lawmakers from the opposition Farabundo Martí National Liberation Front (FMNL) party last week lodged a bid...