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El Salvador relaunches Chivo wallet, plans to deploy 1,500 Bitcoin ATMs
2.2.2022
Seeking a permanent solution for over 4 million BTC users, the government of El Salvador focuses on Chivo wallet’s stability and uptime, scalability and social impact
El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender
2.2.2022
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organization is going to make us do anything, anything at all.”...
Salvadoran President Nayib Bukele Expects Bitcoin to Experience a ‘Gigantic Price Increase’
31.1.2022
El Salvador’s president, Nayib Bukele, believes that it’s just a matter of time before bitcoin sees a “gigantic price increase.” Bukele stressed on Twitter that bitcoin is extremely scarce and there’s not enough bitcoin in the world for all today’s...
El Salvador president predicts ‘gigantic price increase’ for Bitcoin
31.1.2022
There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said
IMF Tells El Salvador: Costs of Making Bitcoin Legal Tender Exceed Potential Benefits
30.1.2022
The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve the “Fidebitcoin” trust fund and start...
Staying cool: Is crypto snowballing to 1 billion users this year?
28.1.2022
Demographics rule: “Younger people are more likely to embrace crypto than older generations.” Meanwhile, the Great Transfer of Wealth is coming
Around El Salvador in 45 days: A Bitcoin-only travel story
27.1.2022
Here are some travel tips from a couple who traveled around El Salvador for 45 days using only Bitcoin
Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises
26.1.2022
The International Monetary Fund (IMF) has told El Salvador to water down the law enforced last year that made bitcoin (BTC) legal tender – and the country’s President Nayib Bukele has responded with a dismissive Twitter meme using footage from the TV show “The Simpsons.”...
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Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises
26.1.2022
The International Monetary Fund (IMF) has told El Salvador to water down the law enforced last year that made bitcoin (BTC) legal tender – and the country’s President Nayib Bukele has responded with a dismissive Twitter meme using footage from the TV show “The Simpsons.”
Meanwhile, bitcoin...
Fading power? Weak DOGE spike after Elon Musk makes McDonald's offer
26.1.2022
The Twitter feud between Elon Musk and McDonald's has escalated after the Tesla CEO offered to eat a happy meal on television
IMF urges El Salvador to remove Bitcoin's status as legal tender
25.1.2022
According to the IMF's executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity, and consumer protection
IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo Wallet
25.1.2022
The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador to discontinue its bitcoin tender status. A few members of the IMF’s board said the country’s decision...
El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months
23.1.2022
El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador...
El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs
22.1.2022
The government of El Salvador will offer cryptocurrency-based loans to small companies. Conamype, the National Commission for Micro and Small Enterprises, will be the link between the investors and a decentralized finance protocol called Acumen, that will be able to provide funding in stablecoins....
El Salvador buys its cheapest 410 Bitcoin as prices reach $36k
22.1.2022
President Nayib Bukele confirmed that the purchase of 410 BTC was made against $15 million, placing the trading price at approximately $36,585 per BTC
Turkish and Salvadoran presidents meet, Bitcoiners left disappointed
21.1.2022
The Turkish President welcomed Nayib Bukele to Ankara for an official state visit. Anyone expecting a Bitcoin talk left disappointed
El Salvador explores low-interest loans backed by Bitcoin
20.1.2022
The Salvadoran government is looking to create a Bitcoin-backed loan product for micro and small businesses across the country
El Salvador’s Bitcoin wallet onboards 4M users with Netki partnership
18.1.2022
Chivo, El Salvador's official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says
Expat Salvadorans ‘Clash’ in LA Park over Bukele, Bitcoin
17.1.2022
Salvadorans in Los Angeles, USA, gathered in a public park on Saturday to vent their disdain for President Nayib Bukele and his bitcoin (BTC) adoption policies – while rival groups convened to voice their support for the crypto-keen leader....
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Fidelity Expects More Countries to Acquire Bitcoin Citing ‘Very High Stakes Game Theory’
17.1.2022
Fidelity expects more sovereign nation states, or even a central bank, to acquire bitcoin this year. “There is very high stakes game theory at play here, whereby if bitcoin adoption increases, the countries that secure some bitcoin today will be better off competitively than their...