The Ethereum co-founder’s comments appear to refer to an article in El Salvador’s Bitcoin law, but in reality, the requirement for merchants to accept bitcoin is not that clear.
El Salvador - Bitcoin News Related To El Salvador
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El Salvador’s President a Bitcoin Booster, But Data Point to Uneven Embrace
Roughly a month into the grand bitcoin experiment in El Salvador, how it’s going depends on how you look at it. In the “it’s going gangbusters” camp, we might present as Exhibit A the fast and furious tweets of President Bukele, who said on that social media platform Thursday (Oct. 7), “Since yesterday, Salvadorans are inserting more […]
Bitcoin Daily: SEC Approves ETF for Companies Holding Bitcoin; El Salvador Reports Over 3M Crypto Wallet Users
The Securities and Exchange Commission (SEC) has approved an exchange-traded fund (ETF) for companies holding large amounts of bitcoin, Decrypt reported. The portfolio will include Tesla, PayPal and around 28 other companies. The approval comes as the crypto world has been waiting for a pure bitcoin ETF, and the SEC has just taken a step […]
El Salvador’s State-Owned Banco Hipotecario Taps Four Crypto Startups for Blockchain Solutions
The adoption of bitcoin as legal tender in El Salvador has forced the local financial system to adapt. Staring down these changes, Banco Hipotecario, a national commercial bank in El Salvador, has started working with four companies that will develop blockchain solutions they say will increase financial inclusion for the bank’s customers. The bank started… [Read more]
BitMEX Boss: El Salvador-style Bitcoin Adoption on the Cards for 5 More Nations
oin (BTC) legal tender status. Höptner claimed that “at least five countries” will “accept bitcoin as legal tender” before next year is out.In a blog post, the CEO
Previewing The LABitConf And Adopting Bitcoin Events In El Salvador
Organizers of two fantastic Bitcoin conferences coming to El Salvador this quarter described their upcoming events.
Gresham's Law Does Not to Apply to Bitcoin In El Salvador
The economic rule discussed in a previous article doesn’t take these two factors specific to bitcoin’s situation in El Salvador into account.
Bitcoin crosses $50K For The First Time Since El Salvador Adoption
The Bitcoin price crossed $50,000 on Tuesday morning, almost one month after El Salvador adopted it as legal tender.
El Salvador Onboards 3 million Bitcoin Users As Price Rises
El Salvador’s President Nayib Bukele confirmed that the Latin American nation has successfully onboarded over 3 million users to its Chivo wallet app in just 26 days.
El Salvador introduces fuel subsidy of $0.20 per gallon to locals who pay in BTC
El Salvador is looking to bolster adoption of its government-issued Chivo Bitcoin wallet by offering discounts on petrol purchases of $0.20 per gallon to consumers who pay using BTC.