Legislative Assembly of El Salvador approves $150M Bitcoin Trust
El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet.
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Bitcoin Legal Tender in 7 Days: El Salvador Publishes Video Explaining What to Expect
Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law…
Retirees in El Salvador protest against Bitcoin adoption
Retirees and veterans in El Salvador are worried that the government would start paying their pensions in Bitcoin instead of the U.S. dollar.
IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender
The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” The…
Massive Anti Bitcoin Protests Fill The Streets of El Salvador
The political situation in El Salvador is only getting worse as the day approaches when the country will start adopting Bitcoin as legal tender. On September 7 of this year,…
How the Life of El Salvador’s People Could Change Following Bitcoin Legalization in 10 days (Opinion)
El Salvador will, in ten days, adopt Bitcoin as an official currency. It’s making massive investments in projects to develop end-user products to hold and spend bitcoin. The opportunities of…
Cuba’s Government Looking to Recognize Bitcoin and Crypto for Payments: Report
After El Salvador made history earlier this year by accepting bitcoin as a legal tender, the number of countries planning to mimic the move continues to grow. A recent report…
El Salvador’s Bitcoin adoption may transform remittance in Central America
Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender.
El Salvador President Lays out Plans Ahead of Bitcoin Law Implementation
The President of El Salvador Nayib Bukele has revealed the structure for the upcoming implementation of the Bitcoin Law on September 7th, with the Chivo wallet app also available for…