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El Salvador’s dollar debt dives on Bitcoin bond plans
Investors have grown weary of El Salvador’s dollar debts as the country further adopts Bitcoin, meanwhile the IMF has recommended that BTC not be used as legal tender.
Central Bank of Peru Will Develop a Digital Currency
The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made…
El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’
President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no…
El Salvador to Build a Bitcoin City: Will Buy $500M More BTC
Just months after adopting BTC as legal tender, the small Central American country plans to create a Bitcoin City with the help of Blockstream and Bitfinex. Separately, the country said…
El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds
The development of Bitcoin City will see the proactive involvement of prominent crypto companies including cryptocurrency exchange Bitfinex and Adam Back’s Blockstream.
Zimbabwe may be the next country to embrace Bitcoin as legal tender
Zimbabwe is currently engaged in consultations regarding growing interest in crypto and the potential risks.
El Salvador to build 20 ‘Bitcoin Schools’ with surplus from Bitcoin Trust
The government will use the “surplus” from its Bitcoin Trust account that currently contains 1,120 BTC.
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