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El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’

After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has…

Continue ReadingEl Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’

Salvadoran President Nayib Bukele Takes Aim at Bitcoin Detractors, Says the Ones Who Are Afraid ‘Are the World’s Powerful Elites’

It’s been over a year since El Salvador codified bitcoin as legal tender in the Latin American country, and by popping the ‘orange pill,’ the country was propelled into the…

Continue ReadingSalvadoran President Nayib Bukele Takes Aim at Bitcoin Detractors, Says the Ones Who Are Afraid ‘Are the World’s Powerful Elites’

Salvadoran President Nayib Bukele Expects Bitcoin to Experience a ‘Gigantic Price Increase’

El Salvador’s president, Nayib Bukele, believes that it’s just a matter of time before bitcoin sees a “gigantic price increase.” Bukele stressed on Twitter that bitcoin is extremely scarce and…

Continue ReadingSalvadoran President Nayib Bukele Expects Bitcoin to Experience a ‘Gigantic Price Increase’

IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo Wallet

The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador to discontinue its bitcoin tender…

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Ground Reports Concerning Salvadoran Bitcoin Law Highlight False Narrative Painted by Influencers

On Tuesday, Bitcoin.com News spoke with Marc Falzon, an individual who has been documenting the bitcoin rollout in El Salvador since the law was implemented on September 7. Falzon says…

Continue ReadingGround Reports Concerning Salvadoran Bitcoin Law Highlight False Narrative Painted by Influencers

’30for30′ Bitcoin Solidarity With El Salvador Trend Tries to Convince People to Buy $30 in BTC Tomorrow

It’s a big day for El Salvador this Tuesday, as the country’s new legal tender law will be enforced. A great number of bitcoin supporters have plans to purchase $30…

Continue Reading’30for30′ Bitcoin Solidarity With El Salvador Trend Tries to Convince People to Buy $30 in BTC Tomorrow