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Bitcoin investors are reportedly exempt from taxes in El Salvador
13.9.2021
El Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading
Biggest Bank in El Salvador Now Accepts Bitcoin as Payment for Financial Products
13.9.2021
Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a PR statement. The institution partnered with Flexa, a payments network, to include cryptocurrency capabilities in its software. Bancoagricola also...
61% of US Adults Do Not Oppose Bitcoin as Legal Tender, Survey Shows
12.9.2021
Following El Salvador making bitcoin legal tender, a survey was conducted to ascertain whether U.S. adults support or oppose a similar move in the U.S. Among 4,912 adults who participated, 61% did not oppose. Majority of Adults in US Do Not Oppose Making Bitcoin Legal Tender, Survey Shows Yougov...
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
Securities, Liquidations, and 20 Volatile Crypto Jokes
11.9.2021
-in-starbucks-mcdonalds-and-everywhere-in-el-salvador.htm">keeping BTC as a treasury reserve asset - yet Bitcoin still has a mountain to climb.
El Salvador’s Bitcoin detractors: Opposition mounts despite crypto rollout
11.9.2021
Resistance against El Salvador’s move to make Bitcoin a legal tender persists even as the law comes into effect
Lawmaker Presents Bill to Regulate Cryptocurrencies in Panama
10.9.2021
A Panamanian lawmaker has introduced a bill to regulate cryptocurrencies in the National Assembly. Among the proposals in the bill is the legalization of cryptocurrencies, like bitcoin and ethereum, as a means of payment, including for paying taxes. Proposed Crypto Law Will ‘Give Legal...
Will Bitcoin (BTC) Save El Salvador?
10.9.2021
Back in June, Jack Mallers and El Salvador President Nayib Bukele made an emotional announcement that the country would soon make Bitcoin a national currency alongside the US Dollar, giving citizens a choice in what they wish to use. This was in response to feeling somewhat at the mercy of the...
Salvador je první zemí, která zavedla bitcoin jako národní měnu. Sekunduje americkému dolaru
10.9.2021
Bitcoin zažil historický okamžik, stal se oficiální měnou v první zemi – Salvadoru. Zároveň se tím změnila dlouholetá a celosvětová finanční problematika, zda jde o majetek, investici, nebo měnu. Kvůli tomu by do budoucna měly nastat daňové a účetní změny, které jsou u měny jiné než u majetku či
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
Central Bankers Say Bitcoin Is High Risk Investment, Poor Store of Value, Could Collapse
10.9.2021
Two central bank governors have shared their opinions about bitcoin after the cryptocurrency became legal tender in El Salvador. The governor of the Bank of Mexico sees bitcoin as a high-risk investment and a poor store of value while the governor of Sweden’s central bank, the Riksbank...
Here’s why Algorand (ALGO) price just rallied to a new multi-year high
10.9.2021
Institutional investment, new governance features and a groundbreaking project with the government of El Salvador are just a few of the factors behind ALGO’s rally to a new all-time high
El Salvador's largest bank partners with Flexa for Bitcoin payments
9.9.2021
Bancoagrícola will work with Flexa to accept Bitcoin across the bank’s network for payments like loans and credit cards
As Bitcoin debuts in El Salvador, Honduras and Guatemala study CBDCs
9.9.2021
Honduras and Guatemala are studying central bank digital currencies and the value they could bring to their respective monetary systems
El Salvador adoption a ‘coming of age’ for Bitcoin, says Fidelity exec
9.9.2021
Fidelity's Jurrien Timmer believes that the significance of El Salvador’s Bitcoin move is “a little bit overplayed.”
Russia Not Ready for Bitcoin as Legal Tender, Putin’s Spokesman Peskov Says
8.9.2021
Russia has no reason to recognize bitcoin, President Putin’s press secretary has noted after El Salvador became the first country to adopt the digital coin as legal tender. In a statement to the press, Dmitry Peskov revealed he is convinced that such a move would not bring any benefits...
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....
Edward Snowden Says Competing Nations Now Under Pressure to Acquire Bitcoin Following El Salvador
8.9.2021
Following El Salvador making bitcoin legal tender, privacy activist and whistleblower Edward Snowden says, “there is now pressure on competing nations to acquire bitcoin — even if only as a reserve asset.” He warned, “Latecomers may regret hesitating.” Edward...
El Salvador reportedly fixes crypto wallet after bumpy Bitcoin rollout
8.9.2021
Chivo Bitcoin wallet was taken down for five hours for maintenance after users reported various issues with the application