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Bitfinex and Tether Launch Public Fund to Support Salvadoran Families Affected by Gang Violence

Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a cryptocurrency fund to support Salvadoran families affected by gang violence.…

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The Rise of Bitcoin in El Salvador Portends a New US Foreign Policy Toolkit (Op-Ed)

US Rep. Norma Torres (D-CA) introduced the Senate Accountability for Cryptocurrency in El Salvador Act (ACES) Monday. Rep. Rick Crawford (R-AR) co-sponsored the bill. Rep Torres averred: “El Salvador’s adoption…

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Nayib Bukele Won’t Attend Miami Bitcoin Conference Citing Unforseen Circumstances

The president of El Salvador – Nayib Bukele – canceled his appearance at the Miami Bitcoin conference. The leader explained that “unforeseen circumstances” in his home country require his presence.…

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Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin

On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the…

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Tourism Minister of El Salvador Reiterates Effect Bitcoin Has Had on the Sector

Morena Valdez, the tourism minister of El Salvador, has spoken on the recovery the tourism sector of the country has reportedly experienced even after the Covid-19 pandemic. According to Valdez’s…

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US lawmakers introduce companion bill to ‘mitigate risks’ from El Salvador’s Bitcoin Law

"The United States must have a plan in place to protect our financial systems from the risks of [El Salvador's decision," said Representative Norma Torres.

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