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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...
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...
Bitfinex CTO Says El Salvador’s Bitcoin Bonds Will Launch This Summer – But There’s a Twist
23.3.2023
The Chief Technical Officer of the Bitfinex crypto exchange has claimed that El Salvador’s long-awaited Bitcoin (BTC) bonds will launch this year “around June to September.” But the bonds, he explained, may not be bonds after all. Instead, the issuance could take the form of digital securities....
Today in Crypto: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election Donations in Crypto to $100
15.2.2023
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: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election...
IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed
12.2.2023
According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial...
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
El Salvador's Bitcoin purchase information can't be made public: Trustee
1.11.2022
As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants
Strike CEO : El Salvador’s Bitcoin Experience ‘Doesn’t Hurt My Company at All’
29.9.2022
The CEO and founder of Strike joined CoinDesk TV’s "First Mover" to discuss El Salvador’s bitcoin adoption and why the mobile payments app plans to revolutionize payments for merchants and consumers globally
El Salvador's Bitcoin decision: Tracking adoption a year later
23.9.2022
El Salvador made history last year in September by making BTC a legal tender. One year later, the falling BTC prices and delayed Volcanic bonds have fueled skepticism
El Salvador’s Bitcoin Bond Delays Continue; Investor Interest Wanes: Report
30.8.2022
It’s the latest in a string of delays for the planned $1 billion bond offering
El Salvador's Bitcoin wallet Chivo scores $52M in remittances in 2022
6.7.2022
El Salvador payment app Chivo processed $52 million in remittances over the past 6 months, as expatriates make use of commission-free BTC transfers
El Salvador’s Bitcoin play: What does the current slump mean for adoption?
24.5.2022
Despite all of the existing volatility, El Salvador’s move to legalize BTC has helped pave the way for a digital future helmed by crypto assets
Central bankers bellow Bitcoin on El Salvador's Bitcoin Beach
20.5.2022
On day three of El Salvador’s financial inclusion and funding for SMEs conference, Bitcoin has stolen the show
El Salvador’s Bitcoin Volcano Bonds Launch Still on Hold, According to Treasury Minister
4.5.2022
The date of the launch of the Salvadoran bitcoin bonds, the instrument that would serve to build the announced Salvadoran Bitcoin City, is still unknown. Announced to be released earlier this year, the launch has been affected by the current war in Ukraine, and the deceleration of global markets....
The Crypto Company Aiding El Salvador’s Bitcoin Adoption
28.4.2022
Chicago-based company Athena Bitcoin deployed bitcoin ATMs a week after El Salvador’s president legalized bitcoin as legal tender
Panamanian MP: Our Draft Crypto Law Is Different from El Salvador’s Bitcoin Law
27.4.2022
The MP architect of a draft Panamanian private member’s bill that proposes allowing the use of crypto as a form of payment has claimed that there are key differences between his proposed law and the Bitcoin Law adopted in El Salvador last year....
Read More: Panamanian MP: Our Draft Crypto...
60 Minutes feature on El Salvador's Bitcoin Beach will air Sunday
8.4.2022
Sharyn Alfonsi, a journalist and 60 Minutes correspondent, interviewed Mike Peterson, one of the people who funded the Bitcoin Beach project and encouraged crypto adoption
US lawmakers introduce companion bill to 'mitigate risks' from El Salvador’s Bitcoin Law
5.4.2022
"The United States must have a plan in place to protect our financial systems from the risks of [El Salvador's] decision," said Representative Norma Torres
US House of Representatives to Consider Legislation on El Salvador’s Bitcoin Adoption
5.4.2022
The bi-partisan Accountability for Cryptocurrency in El Salvador (ACES) Act mirrors legislation that advanced out of a Senate committee last month
Bitfinex Says Customers Ready to Splurge USD 0.5B on El Salvador’s Bitcoin Bonds
30.3.2022
The crypto exchange Bitfinex, which will host the issuance of El Salvador’s much-talked-about bitcoin (BTC) bonds, says that it has already received “half a billion dollars” worth of interest in the offering from its customers.
The Financial Times quoted Bitfinex Chief Technology Officer Paolo...