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Nalezeno "Bitcoin Law": 94

El Salvador's credit rating could take hit amid Bitcoin adoption warns S&P Global

17.9.2021
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating

Ground Reports Concerning Salvadoran Bitcoin Law Highlight False Narrative Painted by Influencers

15.9.2021
On Tuesday, Bitcoin.com News spoke with Marc Falzon, an individual who has been documenting the bitcoin rollout in El Salvador since the law was implemented on September 7. Falzon says that there are a number of issues that no one is talking about in regard to the bitcoin law and the Chivo wallet...

El Salvador buys the dip as Bitcoin Law goes live, 101 Bored Ape NFTs sold for $24M, Ukraine passes crypto legislation: Hodler’s Digest, Sept. 5-11

11.9.2021

Report Says Western Union Could Lose $400M if El Salvador’s Chivo Bitcoin Wallet Gains Traction, Tim Berners-Lee Weighs In

10.9.2021
The Republic of El Salvador has made many headlines this week as the country adopted bitcoin as legal tender on Tuesday and became the first-known nation-state to purchase the leading crypto asset. A recent report details that remittance providers like Moneygram and Western Union could lose up...

El Salvador's bonds suffer as Bitcoin Law takes effect

10.9.2021
Bond investors appear to be betting against El Salvador’s controversial Bitcoin Law, but other factors need to be taken into account

Salvadoran Government’s Chivo Wallet Experiences Hiccups, Some Residents Can’t Claim $30 BTC Reward

8.9.2021
On the day El Salvador implemented the bitcoin tender law, the official government wallet called the Chivo wallet had some initial issues for five hours on Tuesday. Residents could not leverage the application and had issues accessing the app on Apple’s App Store and Google Play....

El Salvador says merchants must process BTC transactions — or they may face action

8.9.2021
A Salvadoran government official has said that while businesses must accept BTC transactions, they can choose whether to receive BTC or USD upon settling transactions

First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country’s BTC Stash Grows

8.9.2021
Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin Law taking effect. On Tuesday, President Nayib Bukele said El Salvador bought the dip. El Salvador Buys...

El Salvador Starts Mass Buying Bitcoin Ahead of BTC Becoming Legal Tender Tomorrow

6.9.2021
Bitcoin will become legal tender in El Salvador on Tuesday, Sept. 7. The Salvadoran government has started buying bitcoin ahead of the law taking effect. The first 200 coins have been purchased and “a lot more” are coming, said President Nayib Bukele. El Salvador Begins Mass Buying...

’30for30′ Bitcoin Solidarity With El Salvador Trend Tries to Convince People to Buy $30 in BTC Tomorrow

6.9.2021
It’s a big day for El Salvador this Tuesday, as the country’s new legal tender law will be enforced. A great number of bitcoin supporters have plans to purchase $30 worth of bitcoin to show support for the upcoming implementation of the bitcoin tender law. The $30 increment...

Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed

5.9.2021
Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in...

Nigeria plans CBDC rollout, Salvadoran retirees protest Bitcoin Law, Twitter to add BTC and ETH tipping feature: Hodler’s Digest, Aug. 29-Sept. 4

4.9.2021

70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near

3.9.2021
The majority of El Salvadorans are skeptical of the country’s impending Bitcoin Law, with 90% of locals describing their understanding of crypto as poor or non-existent

Bitcoin Law Critic Mario Gomez Arrested in El Salvador Without Warrant

2.9.2021
A vocal critic of the upcoming bitcoin law in El Salvador, Mario Gomez, was briefly detained Wednesday. According to reports, he was arrested without a warrant. Critic of El Salvador’s Bitcoin Law Arrested An IT specialist and founder of Hackerspace San Salvador, Mario Gómez,...

El Salvador police arrested and released Bitcoin detractor without a warrant

1.9.2021
The National Civil Police later released a statement saying Mario Gómez’s detainment was related to an investigation for financial fraud

Legislative Assembly of El Salvador approves $150M Bitcoin Trust

1.9.2021
El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet

Bitcoin Legal Tender in 7 Days: El Salvador Publishes Video Explaining What to Expect

31.8.2021
Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law enters into force. The video features the government’s fee-free crypto wallet, Chivo. Government’s...