Search
Does the IMF have a hidden script for El Salvador’s Bitcoin play?
5.2.2022
What if El Salvador's Bitcoin experiment succeeds? Is that what the IMF really fears?
El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months
23.1.2022
El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador...
El Salvador’s Bitcoin wallet onboards 4M users with Netki partnership
18.1.2022
Chivo, El Salvador's official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says
Single inactive volcano has 90% chance of powering El Salvador's Bitcoin City, according to president
10.1.2022
According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites
Lack of Transparency Blighting El Salvador’s Bitcoin Adoption, Critics Say
9.12.2021
Media outlets claim that bitcoin (BTC) adoption has been a damp squib thus far in El Salvador – and have bemoaned the fact that the government has failed to produce any explanation of how it has spent the money it has forked out on token purchases....
Read More: Lack of Transparency Blighting...
El Salvador’s Bitcoin City, BTC Bonds Plans Met With Mixed Reaction
22.11.2021
El Salvador’s government has announced plans to build a carbon-neutral, income tax-free, bitcoin (BTC)-themed city at the base of a volcano where will be mining the token using geothermal power. And its plans to use a new USD 500m bitcoin bond plan to fund the new project have been met with...
El Salvador Buys More Bitcoin: 420 BTC Added to Treasury
28.10.2021
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has bought the dip again. The Salvadoran government has purchased a total of 1,120 bitcoins, currently worth more than $68 million. El Salvador’s Bitcoin Holdings Grow El Salvador has bought the dip again...
Corporations & Countries Watch and Learn From El Salvador's Bitcoin Experiment
17.10.2021
It has now been more than a month since El Salvador officially began enforcing a law making bitcoin (BTC) legal tender within the Central American country. Much has been of the rapidity with which this law was proposed and then passed, with protests suggesting that at least some of the local...
El Salvador’s Bitcoin Mining ‘Volcanode’ Takes its ‘First Steps’
29.9.2021
te that the project had taken its “first steps” toward becoming a “volcanode.”One witty punster
The Big Three Credit Agencies Critique El Salvador’s Bitcoin Adoption — S&P Global Warns of ‘Immediate Negative Implications’
18.9.2021
All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global said that...
El Salvador's Bitcoin wallet is '95% fixed,' President Bukele says
14.9.2021
El Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout
El Salvador’s Bitcoin day: The first of many or a one-off?
13.9.2021
Thanks to El Salvador’s daring move, digital money looms large on global policymakers’ radars
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
More countries to follow El Salvador’s Bitcoin move, Cardano creator says
8.9.2021
El Salvador’s Bitcoin acceptance is a major win for the cryptocurrency industry, Cardano founder Charles Hoskinson believes
El Salvador's Bitcoin adoption may transform remittance in Central America
25.8.2021
Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender
US May Regulate DeFi, El Salvador's Bitcoin Draft Regulations + More News
19.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
Decentralized finance (DeFi) projects may still fall under the jurisdiction of the US Securities and Exchange Commission (SEC),...
Fitch Ratings warns El Salvador's 'Bitcoin Law' will pose risk to local insurers
17.8.2021
Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans
Bank of America outlines 4 potential benefits of El Salvador’s Bitcoin strategy
1.8.2021
“More than 70% of the adult population of El Salvador does not have a bank account,” reads the latest Global Research report from Bank of America. “For that reason, democratizing access to electronic payments, through Bitcoin, has a progressive touch.”
Inside El Salvador’s Bitcoin experiment: Cointelegraph video report
27.7.2021
Cointelegraph traveled to El Salvador to investigate whether citizens believe its new Bitcoin Law will be beneficial to the nation's economy
IMF issues veiled warning against El Salvador’s Bitcoin law
26.7.2021
Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials