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Nalezeno "El Salvador": 846

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.... Read More: Expat Salvadorans ‘Clash’ in LA Park over...

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...

Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament

14.1.2022
The Kingdom of Tonga may adopt bitcoin as legal tender, according to a former member of Tonga’s parliament, Lord Fusitu’a, who tweeted about a possible timeline for this event to occur. Fusitu’a believes that by next fall a bill will be passed by Tonga’s parliament...

Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s

14.1.2022
The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets

Proof-of-work Hearing, Robinhood on Crypto Investments, 55 'Rug-Potentials' + More News

14.1.2022
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: Proof-of-work Hearing, Robinhood on Crypto Investments, 55 'Rug-Potentials' + More News

Tonga to copy El Salvador bill making Bitcoin legal tender says former MP

13.1.2022
In a ruling that is "almost identical to the El Salvador bill," Tongan bigwig Lord Fusitu'a anticipates that his country could adopt Bitcoin by November

Strike Arrives in Argentina With USDT Support, No Bitcoin Integration Yet

12.1.2022
Strike, a bitcoin-based wallet and exchange service, has landed in Argentina, bringing USDT integration to users in the country. Jack Mallers, CEO of Strike, explained that his objective for bringing the app to the country has to do with providing a platform for Argentinians to hold a stable value...

El Salvador to Add More Geothermal Energy Sources to Power Bitcoin City

11.1.2022
The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin City, which will be financed with the earnings of the so-called “volcano bonds.” Bukele...