El Salvador - Bitcoin News Related To El Salvador

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El Salvador's Bukele Says 52 Bitcoin Reforms Are ‘In the Oven', Critics Hit Out at Lack of Adoption Benefits

Published on march 8, 2022

 
On the six-month anniversary of El Salvador’s adoption of bitcoin (BTC) as legal tender, President Nayib Bukele stated that he will unveil 10 new BTC-specific legal reforms next week – with over 40 more to come.
The reforms are likely to center on ways the state can issue bitcoin bonds – which Bukele and his government said they hope will fund the construction of the Bitcoin City project. The new city will be a tax-free haven for international bitcoiners….
Read More: El Salvador’s Bukele Says 52 Bitcoin Reforms Are ‘In the Oven’, Critics Hit Out at Lack of Adoption Benefits

El Salvador's President Bukele Silent on Ukraine War

Published on february 28, 2022

 
Media outlets in El Salvador have hit out at President Nayib Bukele and his government over the perceived “silence” on the matter of Russia’s invasion of Ukraine.
ElSalvador.com, the online edition of the newspaper El Diario de Hoy – hostile to Bukele’s government on most matters – reported that there had been an “unexplained silence and indeterminacy” from Bukele….
Read More: El Salvador’s President Bukele Silent on Ukraine War

El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender

Published on february 22, 2022

El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with more partners anywhere in the world,” the Salvadoran government explained. El Salvador’s Economy Boosted by Bitcoin Law The Salvadoran government has outlined some economic benefits resulting […]