Auto Added by WPeMatico

Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased

Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya…

Continue ReadingTreasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased

El Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister

The first nation to legalize BTC inside its borders sits on a substantial unrealized loss from its bitcoin stack. However, its Finance Minister, Alejandro Zelaya, reassured that the most recent…

Continue ReadingEl Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister

Here’s how blockchains are helping to advance the global energy grid

Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector.

Continue ReadingHere’s how blockchains are helping to advance the global energy grid

El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold

Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to…

Continue ReadingEl Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold

Bitcoin bond still on hold, El Salvador accused of human rights violations

El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won't be launched anytime soon. Meanwhile the country faces a “human rights crisis.”

Continue ReadingBitcoin bond still on hold, El Salvador accused of human rights violations