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Reviewing El Salvador’s Bukele Predictions for 2022: What Went Wrong?
2.1.2023
Nayib Bukele, president of El Salvador and die-hard Bitcoin enthusiast, formulated a series of predictions about the behavior of bitcoin and the crypto ecosystem for the past year. These included the top price of bitcoin, the influence of the cryptocurrency on U.S. elections, the issuance of...
Crypto makes history in 2022: Five instances of governments embracing digital assets
1.1.2023
Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation
Australia overtakes El Salvador to become 4th largest crypto ATM hub
1.1.2023
El Salvador’s position as the fourth-largest crypto ATM hub was short-lived as Australia stepped up its game over the following months
What it’s actually like to use Bitcoin in El Salvador
20.12.2022
Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow
12.12.2022
The future collapse of fiat currencies could propel Bitcoin to $1 million in the next five to 10 years, according to Jan3 CEO and Bitcoin proponent Samson Mow
Billionaire Tim Draper Says El Salvador Will Become One of the Richest Countries on Earth For This One Reason
9.12.2022
American venture capitalist and billionaire Tim Draper argues that bitcoin (BTC) will lead El Salvador to become one of the richest countries in the world.
In an interview with investor Anthony Pompliano, published on Monday, Draper discussed governments turning to bitcoin and adopting 'the...
El Salvador President Nayib Bukele Lashes Out at ‘Mainstream Media’ for Spreading Lies About the Country’s Bitcoin Investments
6.12.2022
El Salvador President Nayib Bukele has slammed "the mainstream media" over their attacks on the country's move to adopt Bitcoin as a legal tender.
The statement came in a response to a recent tweet by Bloomberg that claimed Bukele's move to promote Bitcoin as a "solution to the country’s economic...
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases
28.11.2022
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international bodies, and call for the government to offer...
Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless
27.11.2022
Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it,” the Binance executive emphasized. Binance’s CEO on Crypto Regulation...
El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’
26.11.2022
After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which...
Latam Still Unprepared to Deal With Crypto Crime and Scams, According to GFI Report
26.11.2022
Latam is still unprepared to deal with cryptocurrency-related crimes and scam situations, according to a recent report issued by Global Financial Integrity (GFI), a Washington DC-based think tank. The document states that crypto regulation has failed to grow with the adoption of these...
Bukele's government introduced a bill to launch the 'Bitcoin bonds'
23.11.2022
A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.”
El Salvador Proposes Digital Securities Bill, Paves Way for Bitcoin Bonds
23.11.2022
The legislation paves the way for the issuance of El Salvador's "volcano bonds" expected to raise $1 billion for the government
Bitcoin Price and Ethereum On The Rise, El Salvador to Issue Bitcoin Volcano Bonds
23.11.2022
On November 23, the leading cryptocurrency, Bitcoin, showed signs of new recovery, having broken through the downward trendline and 50-day moving average to trade near $16,500. Similarly, Ethereum, the second-most valuable cryptocurrency, has followed Bitcoin's lead and pumped over 5%...
El Salvador President Says Country Will Buy ‘One Bitcoin Every Day’, Billionaire Justin Sun Joins Him
18.11.2022
In a bid to exploit the recent crypto meltdown, El Salvador’s President Nayib Bukele and Tron Founder Justin Sun plan to Bitcoin at a pace of one coin per day starting today.
In a Thursday tweet, President Nayib Bukele announced the news, pledging to acquire one BTC per day starting Friday...
El Salvador to Buy Bitcoin Every Day Starting Tomorrow, President Says
18.11.2022
El Salvador will start buying bitcoin every day, according to Salvadoran President Nayib Bukele. Since adopting the cryptocurrency as legal tender, El Salvador has bought about 2,381 bitcoins for its treasury. El Salvador to Buy Bitcoin Every Day The president of El Salvador, Nayib Bukele...
News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform
17.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
17.11.2022
El Salvador currently holds 2,381 BTC with a total investment of $103 million, the value of its BTC investment has declined to $39.4 million in the current market conditions
El Salvador's President Nayib Bukele and Tron's Justin Sun to Buy One Bitcoin Every Day
17.11.2022
Bukele and Sun commit to buy one BTC every day, starting from Thursday amid fears that crypto exchange FTX's recent collapse would prolong the ongoing crypto winter
El Salvador’s Bukele Says FTX Is ‘the Opposite of Bitcoin’
15.11.2022
The President of El Salvador Nayib Bukele has called FTX the “opposite” of bitcoin (BTC). And the leader has equated the exchange’s chief Sam Bankman-Fried with notorious financial criminals like Charles Ponzi and Bernie Madoff.
Bukele has been relatively quiet on all things bitcoin-related...