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El Salvadorians take to the streets to protest Bitcoin law
23.7.2021
Those who marched against Bitcoin this week claimed the cryptocurrency was too volatile and would allow businesses to "launder ill-gotten money."
Demonstrators Hold Bitcoin Protest Outside El Salvador Parliament
22.7.2021
Source: A video screenshot, Youtube, La Prensa Gráfica Noticias de El Salvador
A group of protesters has taken to the streets outside the National Assembly in El Salvador to voice their disdain for President Nayib Bukele’s Bitcoin Law, an act that will make bitcoin (BTC) legal tender as...
Coercion and coexistence: How El Salvador’s Bitcoin Law may change global finance
20.7.2021
Report Claims Nayib Bukele’s Regime May Issue a Salvadoran Stablecoin
18.7.2021
According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U.S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin. Some Say the Colón-Dollar...
How International Fiat Fund Hurts Cash-Strapped Countries (FYI, El Salvador)
18.7.2021
The IMF’s Managing Director, Kristalina Georgieva. Source: A screenshot, Instagram/the_imf
In this commentary, Bernhard Reinsberg, Lecturer in International Relations at the University of Glasgow, and Thomas Stubbs, Senior Lecturer in International Relations at the Royal Holloway, University...
V zátoce všech svatých: Koloniální minulost brazilského přístavu Salvador
14.7.2021
Přístav Salvador v sobě snoubí veškerou rozmanitost Latinské Ameriky. Třetí největší město Brazílie, které kdysi vyrostlo a zbohatlo na obchodu s otroky, dnes pulzuje životem a nepřestává udivovat bohatstvím kontrastů
Bitcoinization of El Salvador: JPMorgan Sees No ‘Tangible Economic Benefits’ of Bitcoin as Legal Tender
13.7.2021
JPMorgan has offered its view on the bitcoinization of El Salvador, the country which recently made bitcoin legal tender alongside the U.S. dollar. JPMorgan says, “It is difficult to see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.”...
El Salvador Bitcoin move will put pressure on network: JPMorgan
12.7.2021
Daily payment activity in El Salvador would represent more than 1% of the total value of BTC that have been transferred between wallets in the past year, JPMorgan experts say
Paraguayan lawmakers to present Bitcoin bill on July 14
10.7.2021
El Salvador’s decision to accept Bitcoin as legal tender in June appears to be influencing lawmakers across the region to begin exploring their own cryptocurrency strategy. Paraguay is next in line to introduce new crypto-focused legislation
Majority of Salvadorans Skeptical of BTC as Currency, Poll Finds
10.7.2021
President Nayib Bukele’s adoption of cryptocurrency as legal tender in his country is not being met with deep understanding by most of his fellow Salvadorans, a new survey suggests. Almost half of the respondents admitted they knew nothing about Bitcoin, while two-thirds aren’t ready...
UN commission serves new warning against BTC adoption in El Salvador
9.7.2021
ECLAC executive secretary stressed that there is no study yet that would have investigated potential risks or benefits of El Salvador accepting BTC as legal tender
Survey finds most El Salvador citizens are skeptical of making BTC legal tender
9.7.2021
More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin
US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
3.7.2021
The U.S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U.S. has urged El Salvador to be responsible with the country’s new bitcoin law. Nuland told the press that the U.S. was taking a “tough...
What is really behind El Salvador’s ‘Bitcoin Law’? Experts answer
2.7.2021
Here’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender
US state dept urges El Salvador to be 'responsible' about Bitcoin adoption
2.7.2021
Victoria Nuland said the United States was taking a "tough look at Bitcoin" following a major ransomware attack and suggested El Salvador take a similar approach
The US Steps Up Political Pressure On El Salvador Amid Bitcoin Plans
1.7.2021
The US is now seemingly increasing pressure on El Salvador that is pushing forward with its plans to adopt bitcoin (BTC) as legal tender alongside the US dollar.
Tensions have been rising between El Salvador’s President Nayib Bukele and the Joe Biden administration in the United States,...
El Salvador’s State-issued Bitcoin App to Have B2B, B2C Versions
30.6.2021
Bitcoin (BTC) is set to be adopted as legal tender in El Salvador in a matter of several weeks, and the government is forging ahead with building the infrastructure it feels needs to be in place beforehand – including a much-vaunted app that will function as a payments platform and a...
El Salvador Gov’t: We’re Giving out Bitcoin – but Don’t Convert it to Fiat
29.6.2021
Source: Twitter/@Bitcoinbeach
El Salvador government officials said that the bitcoin (BTC) they plan to give away in forthcoming airdrops is for spending, not for converting into USD via crypto ATMs.
Per ElSlavador.com, the website of the El Diario de Hoy newspaper, the government, spurred on...
Salvadorans will not be forced to use the government's Bitcoin wallet
29.6.2021
The government’s new “Chivo” Bitcoin wallet will be interoperable and commission-free
Mexico may not be following El Salvador's example on Bitcoin... yet
28.6.2021
A warning from the country's financial regulators seemed to be specifically targeting Ricardo Salinas Pliego, who on Sunday said he would explore his bank accepting Bitcoin