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‘44 Nations Meeting in El Salvador to Talk Bitcoin,’ Claims President Bukele
16.5.2022
Thirty two central bankers and 12 financial chiefs representing 44 nations will meet in El Salvador later today, per the nation’s President Nayib Bukele, who claimed that – among other things – the group will discuss bitcoin (BTC)....
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Critics Say El Salvador Could Default on Conventional Debts Before it Even Issues Bitcoin Bonds
13.5.2022
Concerns are being voiced that El Salvador could default on bond payments, with international critics claiming that President Nayib Bukele’s “experiment” to grant bitcoin (BTC) legal currency status “has hit a wall.”...
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Bukele Showcases Bitcoin City Plans and ‘Buys the BTC Dip’ Amid Stark Warning
10.5.2022
After weeks of silence on all things bitcoin (BTC)-related, El Salvador’s outspoken President Nayib Bukele has taken to Twitter to announce that his government has bought USD 15.4m worth of BTC – and to showcase plans for Bitcoin City. However, voices of opposition are continuing to issue...
El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath
10.5.2022
El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether....
El Salvador Acquires 500 Additional Bitcoin Amid Market Drop
9.5.2022
President Nayib Bukele tweeted that his country “just bought the dip.”
Quelle surprise: Central African bank scolds the CAR for Bitcoin adoption
9.5.2022
The Central African Republic adopting crypto puts monetary stability in “peril” according to a letter from the Governor of the Bank of Central African States
Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks
6.5.2022
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...
El Salvador’s central bank accepts Qredo's registration to provide crypto services
5.5.2022
Registered Bitcoin service providers in El Salvador include Chivo, the firm behind the state-issued crypto wallets and kiosks, Paxos Trust Company, Paxful, and OpenNode
El Salvador Finance Minister: We’re Waiting for Bitcoin Price Rise Before Issuing BTC Bonds
4.5.2022
The Salvadoran government is “waiting for a bitcoin (BTC) price rise” before releasing its long-awaited BTC bonds, the nation’s finance minister has claimed.
Per El Salvador’s Diario El Mundo, Alejandro Zelaya, the Minister of Finance, refuted notions that there was any kind of “deadline”...
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....
El Salvador Bitcoin wallet shows ‘strong sign of adoption,’ exec says
2.5.2022
The Mexican Bitso exchange has been providing its custody and exchange services to Chivo so that the government of El Salvador can buy Bitcoin
Aciertos y desafíos de bitcoin en El Salvador, según la compañía que facilitó su adopción
29.4.2022
Athena Bitcoin implementó cajeros automáticos de bitcoin una semana después de que el presidente de El Salvador legalizara bitcoin como moneda de curso legal. A pesar de problemas en el lanzamiento, la empresa sigue siendo optimista con el proyecto. Este artículo forma parte de la Payments Week...
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
“DeFi is not decentralized at all,” says former Blockstream executive
28.4.2022
Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization
One-fifth of businesses in El Salvador now accept Bitcoin: NBER study
28.4.2022
The researchers also found that Bitcoin is gaining ground compared to other payment methods within El Salvador
Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador
27.4.2022
According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study:...
2 in 10 People in El Salvador Still Using Government’s Chivo Bitcoin App – Survey
27.4.2022
A survey has found that Salvadorans are using the state-run Chivo bitcoin (BTC) app and wallet sparingly if at all, with most simply downloading it to receive a USD 30 worth of bitcoin as a golden hello before returning to using the dollar....
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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....
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Latam Is a Hotbed of Opportunities for Crypto Companies, According to Ripple
24.4.2022
Ripple, the cryptocurrency and payments company, has issued an article examining the opportunities that Latam brings for crypto companies as its regulated payments rails come to crypto. While the region faces some obstacles due to its economic traits and the dominance of centralized banks,...
IMF Deal ‘Dead’ and So Is Bitcoin Bond Issuance, Claim Bukele Critics
20.4.2022
The former Governor of the Salvadoran central bank, the Central Reserve Bank, claims that negotiations with the International Monetary Fund (IMF) are “practically dead” – and says investors are “not interested” in the delayed bitcoin (BTC) bonds issuance President Nayib Bukele wants to use...