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Nalezeno "El Salvador’s bitcoin": 75

Ukraine War Throws Timing of El Salvador’s Bitcoin Bond Debut into Doubt


  El Salvador may launch its sovereign bitcoin (BTC) bonds as early as tomorrow – but the war in Ukraine may cause disruption to the plans of the President Nayib Bukele-led government. The 10-year bonds, the government said it hopes, will be worth some USD 1bn, will be backed by taxpayer funds...

El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months


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...

Lack of Transparency Blighting El Salvador’s Bitcoin Adoption, Critics Say


  Media outlets claim that bitcoin (BTC) adoption has been a damp squib thus far in El Salvador – and have bemoaned the fact that the government has failed to produce any explanation of how it has spent the money it has forked out on token purchases.... Read More: Lack of Transparency Blighting...

El Salvador’s Bitcoin City, BTC Bonds Plans Met With Mixed Reaction


El Salvador’s government has announced plans to build a carbon-neutral, income tax-free, bitcoin (BTC)-themed city at the base of a volcano where will be mining the token using geothermal power. And its plans to use a new USD 500m bitcoin bond plan to fund the new project have been met with...

El Salvador Buys More Bitcoin: 420 BTC Added to Treasury


El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has bought the dip again. The Salvadoran government has purchased a total of 1,120 bitcoins, currently worth more than $68 million. El Salvador’s Bitcoin Holdings Grow El Salvador has bought the dip again...

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