El Salvador president announces infrastructure already being built ahead of country’s Bitcoin adoption
According to Nayib Bukele, there will be 200 ATMs and 50 branches capable of converting Bitcoin into U.S. dollars starting on Sept. 7.
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Draft El Salvador Bitcoin banking regulations released
El Salvador’s Banco Central de Reserva has released two documents detailing how banks should deal with Bitcoin.
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal…
Fitch Ratings warns El Salvador’s ‘Bitcoin Law’ will pose risk to local insurers
Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans.
President of Argentina Open to Adopting Cryptocurrencies as Legal Tender
Alberto Fernandez, the president of Argentina, stated he is open to the adoption of cryptocurrencies as legal tender in an interview this week. Fernandez said there is a big discussion…
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