El Salvador Launches a National Bitcoin Office (ONBTC)
El Salvador’s government doubled down on its crypto initiatives by creating a National Bitcoin Office (ONBTC) that will oversee all local projects related to the asset. The new agency will…
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El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’
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…
Latam Still Unprepared to Deal With Crypto Crime and Scams, According to GFI Report
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…
Beyond Bitcoin – El Salvador Wants to Create a Legal Framework for All Crypto Assets
The government of El Salvador presented a bill that could set comprehensive rules on the local crypto sector and regulate the operations of all digital asset providers in the country.…
Bukele’s government introduced a bill to launch the ‘Bitcoin bonds’
A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin city.”
El Salvador to Buy Bitcoin Every Day Starting Tomorrow, President Says
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…
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
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 to Start Buying 1 Bitcoin Per Day, Says Bukele
El Salvador’s president took it to Twitter to announce that the country will resume its BTC buying spree as of tomorrow. Interestingly, Tron’s Justin Sun quickly followed up, saying his…
St. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tender by March 2023
St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was made by St. Kitts and Nevis Prime Minister Terrance Drew…
El Salvador President Bukele says Bitcoin is ‘the opposite‘ of FTX
Despite the backlash he previously received for purchasing BTC as markets crashed, Bukele cited the recent FTX collapse to explain why Bitcoin is different.
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