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El Salvador Approves Digital Assets Issuance Law
14.1.2023
The Legislative Assembly of El Salvador approved the Digital Assets Issuance Law, a framework that will allow the country to issue crypto-related debt instruments. The approved law, which was passed thanks to the majority that President Nayib Bukele has in Congress, serves as a base for...
El Salvador Chivo Wallet Programmer Opens Up About Alleged ID Fraud, Tech and Money Laundering Issues
13.1.2023
A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during its initial stages. Shaun Overton, who alleges he was hired to help in the handling of the issues, has talked about ID theft, money laundering problems, and...
Miss El Salvador Features Bitcoin in Miss Universe 2023
13.1.2023
The Miss Universe contestant from El Salvador this year has surprised viewers by featuring bitcoin as part of her national costume. El Salvador has adopted the cryptocurrency as legal tender and has passed a new regulatory framework for the issuance of its long-awaited bitcoin-backed Volcano bonds....
Miss Universe contestant represents El Salvador with Bitcoin-inspired costume
12.1.2023
"You don’t need a sash to walk around dressed as cash," said the Miss Universe 2023 announcer as Alejandra Guajardo showed off her currency-themed costume
El Salvador Has Just Approved Law to Allow it to Issue Bitcoin Denominated Bonds
12.1.2023
El Salvador’s congress has passed a digital securities law that would allow the nation to issue Bitcoin-backed bonds, also known as Volcano Bonds.
The Legislative Assembly of El Salvador approved the bill by 62 votes to 16 on January 11. The bill will become law after being ratified by President...
El Salvador passes landmark crypto bill, paving way for Bitcoin-backed bonds
12.1.2023
The “Digital Asset Issuance” legislation will also create a regulatory body, and establish a legal framework for all digital assets
El Salvador Passes Law Paving the Way for 'Volcano Bond'
11.1.2023
The digital asset bill in the Legislative Assembly obtained 62 votes in favor and 16 against
El Salvador’s Bitcoin strategy evolved with the bear market in 2022
6.1.2023
After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing
Crypto regulation world: How laws for digital assets changed in 2022
4.1.2023
While regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption
Here’s how Bitcoin promotes global financial inclusion, according to Prince Philip of Serbia
4.1.2023
Prince Philip of Serbia outlines key ways in which Bitcoin promotes global financial inclusion and its importance in conflict-affected nations
Australia Now Home to More Crypto ATMs Than El Salvador – How Does This Impact Adoption?
3.1.2023
The number of crypto ATM machines in Australia has hit new highs over the past four months, surpassing El Salvador, the country where bitcoin (BTC) is legal tender. What's more, two other countries overtook El Salvador: Spain and Poland.
Per Coinatmradar.com, the top 3 countries by the number...
Reviewing El Salvador’s Bukele Predictions for 2022: What Went Wrong?
2.1.2023
Nayib Bukele, president of El Salvador and die-hard Bitcoin enthusiast, formulated a series of predictions about the behavior of bitcoin and the crypto ecosystem for the past year. These included the top price of bitcoin, the influence of the cryptocurrency on U.S. elections, the issuance of...
Crypto makes history in 2022: Five instances of governments embracing digital assets
1.1.2023
Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation
Australia overtakes El Salvador to become 4th largest crypto ATM hub
1.1.2023
El Salvador’s position as the fourth-largest crypto ATM hub was short-lived as Australia stepped up its game over the following months
What it’s actually like to use Bitcoin in El Salvador
20.12.2022
Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow
12.12.2022
The future collapse of fiat currencies could propel Bitcoin to $1 million in the next five to 10 years, according to Jan3 CEO and Bitcoin proponent Samson Mow
Billionaire Tim Draper Says El Salvador Will Become One of the Richest Countries on Earth For This One Reason
9.12.2022
American venture capitalist and billionaire Tim Draper argues that bitcoin (BTC) will lead El Salvador to become one of the richest countries in the world.
In an interview with investor Anthony Pompliano, published on Monday, Draper discussed governments turning to bitcoin and adopting 'the...
El Salvador President Nayib Bukele Lashes Out at ‘Mainstream Media’ for Spreading Lies About the Country’s Bitcoin Investments
6.12.2022
El Salvador President Nayib Bukele has slammed "the mainstream media" over their attacks on the country's move to adopt Bitcoin as a legal tender.
The statement came in a response to a recent tweet by Bloomberg that claimed Bukele's move to promote Bitcoin as a "solution to the country’s economic...
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases
28.11.2022
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international bodies, and call for the government to offer...
Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless
27.11.2022
Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it,” the Binance executive emphasized. Binance’s CEO on Crypto Regulation...