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Bitcoin Adoption in Focus as El Salvador Enters New Era
7.9.2021
itute think tank and author of several books on money and banking, shared his skepticism about the issue.Among the many things, Selgin took aim at the popular notion that nearly everyone in El Salvador will benefit from the USD 30 that the government says will be given away to every citizen w
Russia not ready to accept Bitcoin as legal tender, says Kremlin
7.9.2021
The Russian government keeps insisting that payments in cryptocurrencies like Bitcoin would ruin its financial system
Bitcoin’s Legal in El Salvador – But Still Has a Mountain to Climb
7.9.2021
ntroversy is already blighting the move, masterminded by the El Salvador President Nayib Bukele. Some claim that a clause in the new law that forces businesses to accept BTC as a form of payment if requested is an example of “strong-arm tactics.”In a bid to drive up the pace of adoption – and
BTC price further crushes resistance, nears $53K on El Salvador 'Bitcoin Day'
7.9.2021
Daily liquidations near $500 million as El Salvador confirms the purchase of at least 400 BTC
Bitcoin Becomes Legal Tender With Unfriendly Welcome by Apple & Google
7.9.2021
dnight has passed in El Salvador, where it is now September 7, the day when the law making BTC legal tender promulgates.Yesterday, Bukele took to Twitter to first warn of “incomi
El Salvador purchases first 200 BTC, President Bukele confirms
6.9.2021
El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency will be a net positive for the economy and society
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...
BTC becomes legal tender in El Salvador: 5 things to watch in Bitcoin this week
6.9.2021
It's a bullish leap of faith as Monday begins with Bitcoin above $51,000 resistance and set to become an official national currency for the first time ever
Bitcoiners Urge Community to Make ‘GameStop’-esque USD 30 Bitcoin ‘Pump’ for El Salvador
6.9.2021
evious online campaigns targeting stocks like GameStop.Many have claimed that USD 30 was selected as a target amount as the government is also planning to
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...
Surveys: Most of El Salvador Public Is Opposed to Bitcoin Adoption Law
3.9.2021
Source: A video screenshot, Youtube, La Prensa Gráfica Noticias de El Salvador
Two new surveys have found that the overwhelming majority of Salvadorians are opposed to the bitcoin (BTC) adoption law, which is due to promulgate on September 7 after it was published in the Official Gazette earlier...
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,...
Bitcoin bulls target $50K as Friday’s $655M BTC options expiry approaches
1.9.2021
$655 million in BTC options expire on Sept. 3, and data suggests bulls may be motivated to break the $50,000 resistance prior to the expiry
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
El Salvador Parliament Green-lights USD 150M Bitcoin Fund as Critics Scoff
1.9.2021
Bitcoin (BTC) path to becoming legal tender in El Salvador cleared another hurdle, with parliament approving a bill to launch a USD 150m adoption fund – but government critics continue to voice their discontent.
The fund’s approval by the National Assembly was never in doubt due to the size of...
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...
Retirees in El Salvador protest against Bitcoin adoption
31.8.2021
Retirees and veterans in El Salvador are worried that the government would start paying their pensions in Bitcoin instead of the U.S. dollar
El Salvador: Government Supporters Dismiss Bitcoin ‘Protests’
30.8.2021
Source: A video screenshot, Reuters
With just days to go until bitcoin (BTC) becomes legal tender in El Salvador, resistance to crypto adoption is continuing – while pro-BTC advocates are dismissing opposition to adoption and looking forward to the dawn of a new financial paradigm.
Reuters (via...