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Bitcoin Beach Provides Clues about El Salvador’s Greater BTC Intentions
11.6.2021
Source: Twitter/@Bitcoinbeach
El Salvador’s President, Nayib Bukele, has become the talk of the crypto town, but some domestic experts have raised the alarm about the clause in his new bitcoin (BTC) bill that stipulates merchants must accept BTC as payment when requested by a customer.
Particularly...
IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin
10.6.2021
The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender
Understanding What Turned El Salvador’s President Bukele on to Bitcoin
10.6.2021
Nayib Bukele. Source: A screenshot, Instagram/nayibbukele
It’s February 3, 2019, and the world’s media is reporting that Nayib Bukele, “the Latin American Donald Trump,” has just swept to power in El Salvador’s presidential elections. Turns out this is some pretty lazy reporting: Yes, Bukele is...
IMF Not Happy About El Salvador Bitcoin Move
10.6.2021
Source: iStock/Bumblee_Dee
Adoption of bitcoin (BTC) as legal tender raises "a number of macroeconomic, financial and legal issues that require very careful analysis," Reuters reported, citing a spokesman for the International Monetary Fund (IMF).
The fund is following "developments...
El Salvador to Mine Bitcoin With Energy From Volcanoes: ‘100% Clean, 100% Renewable, 0 Emissions’
10.6.2021
El Salvador has begun exploring bitcoin mining using energy from its volcanoes, President Nayib Bukele has revealed. “Our engineers just informed me that they dug a new well that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos,”...
New report: El Salvador Bitcoin pump failed to attract smart money, for now
10.6.2021
Bitcoin market sentiments remain skewed to the downside even after it becomes a legal tender in El Salvador following a parliamentary nod
Bitcoin Hits $37k Level After El Salvador’s Endorsement
10.6.2021
The first and the most valuable amongst cryptocurrencies, Bitcoin, is a virtual/digital currency that uses cryptographic technology to regulate and issuance of currency units. Developed by Satoshi Nakamoto, who first felt the need for an e-payment system based not on trust but cryptographic proof...
El Salvador's president wants to build volcano-powered crypto miners
9.6.2021
Bitcoin is heating up — some may say erupting — as the Latin American country plans to tap energy from volcanoes for mining the cryptocurrency
El Salvador Brings New Global Puzzle - What Is Bitcoin & How To Tax It?
9.6.2021
There is a great number of issues debated today following the major news that El Salvador recognized the world's number one cryptocurrency, bitcoin (BTC), as legal tender. This may bring some important changes when it comes to how bitcoin is treated on the legal stage globally. However, in what...
Bitcoin miner Poolin immortalizes El Salvador's BTC adoption on the blockchain
9.6.2021
El Salvador accepting Bitcoin as legal tender is now forever etched on the blockchain as mining pool Poolin adds a newspaper headline to block 686,938
Bitcoin price targets $35K bounce level on El Salvador legal tender milestone
9.6.2021
Bitcoin is now officially legal tender in a sovereign state for the first time, but can it exit its bearish price phase?
El Salvador Bitcoin Law Making BTC Legal Tender Passes With Supermajority
9.6.2021
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private...
El Salvador Passes The Bitcoin Law
9.6.2021
The Legislative Assembly of El Salvador just passed the Bitcoin law today.
The #BitcoinLaw has been approved by a supermajority in the Salvadoran Congress.— Nayib Bukele ???????? (@nayibbukele)
At 06:08 UTC, BTC trades at USD 33,570 and is up by 0.6% in the past hour and almost 2% in...
El Salvador President: Bitcoin law will be approved tonight
9.6.2021
President Nayib Bukele’s Bitcoin Law will reportedly be passed in the Salvadorian congress tonight
Mexico lawmakers aim to follow the example of neighboring countries with proposed Bitcoin legislation
8.6.2021
“We are going to lead the shift to crypto and fintech in Mexico,” said one senator
Latin lawmakers don lazer eyes on Twitter in support of Bitcoin
8.6.2021
An increasing number of Latin American lawmakers are donning Lazer eyes on their Twitter avatars to express their support for Bitcoin and digital assets
El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
7.6.2021
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted...
Bitcoin users will get help relocating and working in El Salvador: President
7.6.2021
Nayib Bukele says he wants to help entrepreneurs embrace El Salvador as a base, with Bitcoin free from capital gains tax
El Salvador, Paraguay Bitcoin Adoption News Galvanizes Crypto World
7.6.2021
Nayib Bukele has updated his Twitter profile picture with this edited photograph. Source: Twitter/@nayibbukele
Crypto’s center of gravity could take a dramatic shift – after a series of developments spearheaded by politicians in Latin America suggested that the region could be ready to open up...
BTC price doesn't care about El Salvador? 5 things to watch in Bitcoin this week
7.6.2021
News of a major adoption move has no impact on lackluster BTC price action prior to government approval — can anything lift Bitcoin out of its range?