El Salvador - Bitcoin News Related To El Salvador

or

El Salvador Turns to the US-based AlphaPoint in Bid to Bolster its Chivo Bitcoin App

Published on february 2, 2022

 
The Salvadoran government is attempting to reboot its Chivo bitcoin (BTC) app and wallet – by teaming up with the USA-based crypto firm AlphaPoint.
In an official notice, the government wrote that the firm was now “providing technology for Chivo Wallet, the first national digital wallet in the world.”…
Read More: El Salvador Turns to the US-based AlphaPoint in Bid to Bolster its Chivo Bitcoin App

El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender

Published on february 1, 2022

El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organization is going to make us do anything, anything at all.” El Salvador Says No to IMF on Bitcoin The government of El Salvador has rejected a recommendation […]

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

Published on january 31, 2022

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 there’s not enough bitcoin in the world for all today’s millionaires. Salvadoran President Says Best Time to Buy Bitcoin ‘Is When the Price Is Down’ […]

IMF’s Silence Signals El Salvador Needs to Abandon Bitcoin to Secure $1.3B Loan

Published on january 28, 2022

El Salvador is still asking the International Monetary Fund (IMF) for a $1.3 billion loan, and the IMF is still asking El Salvador to drop bitcoin as legal tender. That’s one fairly obvious takeaway from the Tuesday (Jan. 25) statement the IMF released on its ongoing negotiations with the Central American nation, which embraced bitcoin […]