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Bitfinex Parent Company Joins Hands with El Salvador Government
22.11.2021
El Salvador, the crypto country, is on a roll with back-to-back high-profile announcements. First, the nation recently announced a Bitcoin City only to follow it with a partnership with the El Salvador government. iFinex, the parent company of Bitfinex, released an official post about joining hands...
El Salvador Planning Bitcoin City & $500M of $1b BTC Bond
22.11.2021
Earlier this year, El Salvador made history by announcing the first legal Bitcoin tender in the world. The crypto nation has followed the momentum to announce the world’s first Bitcoin City. President Nayib Bukele talked about the city during his presentation at Bitcoin Week. The country plans...
Central Bank of Peru Will Develop a Digital Currency
22.11.2021
The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made by its president, Julio Velarde, who stated that the currency would be designed for use primarily in payments....
El Salvador’s Bitcoin City, BTC Bonds Plans Met With Mixed Reaction
22.11.2021
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 to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’
21.11.2021
President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no taxes of any kind except VAT, and it would be carbon neutral, with most of the energy powering it coming from...
El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds
21.11.2021
The development of Bitcoin City will see the proactive involvement of prominent crypto companies including cryptocurrency exchange Bitfinex and Adam Back’s Blockstream
Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News
15.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News
Zimbabwe may be the next country to embrace Bitcoin as legal tender
8.11.2021
Zimbabwe is currently engaged in consultations regarding growing interest in crypto and the potential risks
El Salvador to build 20 'Bitcoin Schools' with surplus from Bitcoin Trust
3.11.2021
The government will use the “surplus” from its Bitcoin Trust account that currently contains 1,120 BTC
El Salvador Buys More Bitcoin: 420 BTC Added to Treasury
28.10.2021
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...
El Salvador buys a smokin' hot 420 more Bitcoin
28.10.2021
The recent purchase brings the Latin American nation’s stash to about 1,120BTC
Buoyant Bitcoin Prices Met with Silence by El Salvador’s Anti-BTC Critics
27.10.2021
As bitcoin (BTC) prices continue to hover around the USD 60,000 mark, a kind of hush has fallen over much of the El Salvador mainstream media – most of which is vehemently opposed to both President Nayib Bukele and his bitcoin adoption drive....
Read More: Buoyant Bitcoin Prices Met with Silence...
Latin America stands to benefit most from crypto, says Uphold exec
27.10.2021
Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin
Cryptocurrency ATM Boom Comes to Colombia
24.10.2021
While Colombia is not a country that has embraced cryptocurrencies compared to Venezuela or some African countries, it is the country with the second most cryptocurrency ATMs in the Latam region. The reason behind this could be that Colombia has a high percentage of cash usage. This makes...
Airline Volaris to Accept Bitcoin in El Salvador
20.10.2021
Volaris, the El Salvador-based airline, has started accepting Bitcoin as a payment method. Nayib Bukele, the Salvadoran President, released the news on 19th October. Bitcoin has been on a roll for the past few weeks, crossing the 60,000 dollar mark comfortably. The latest announcement boosted...
Subsidiary of Mexican airline Volaris accepts Bitcoin payments
20.10.2021
El Salvador's Bitcoin adoption agenda continues apace, this time extending to a local airline
Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker
19.10.2021
The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan
El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers
19.10.2021
Users of the Salvadoran government’s Chivo wallet will not be able to see frozen price quotes until the feature has been removed to deter arbitrage scalpers
Microstrategy CEO Advises Nigeria and Zimbabwe to Adopt Bitcoin Standard, Says BTC Is ‘Kingmaker’
19.10.2021
Microstrategy CEO Michael Saylor has suggested Nigeria and Zimbabwe issue currencies that are backed by bitcoin if they want to fix their economies. He surmised that using the bitcoin standard will end starvation and allow citizens of both countries to have a decent life. National Currencies Backed...
El Salvador Bitcoin ‘Scalpers’ Force App Turnaround as Chivo Criticism Continues
19.10.2021
The government of El Salvador has come under scrutiny again for its Chivo bitcoin (BTC) app and wallet – after its operators temporarily froze price viewing on Chivo to stave off “scalpers.”
In a series of tweets on Monday, the official Chivo Twitter account explained:
“We had to temporarily...