After a week in El Salvador, it’s clear that state-run Bitcoin adoption is a slow but critical foundation for revitalizing the country.
El Salvador - Bitcoin News Related To El Salvador
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 created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which was signed by Bukele and El Salvador’s […]
El Salvador Proposes Digital Securities Bill, Paves Way for Bitcoin Bonds
The legislation paves the way for the issuance of El Salvador’s “volcano bonds” expected to raise $1 billion for the government.
El Salvador Takes First Step To Issue Bitcoin Volcano Bonds
A digital securities bill has been presented to El Salvador’s Congress, paving the way for the issuance of bitcoin-backed bonds.
El Salvador President Says Country Will Buy ‘One Bitcoin Every Day’, Billionaire Justin Sun Joins Him
In a bid to exploit the recent crypto meltdown, El Salvador’s President Nayib Bukele and Tron Founder Justin Sun plan to Bitcoin at a pace of one coin per day starting today.
In a Thursday tweet, President Nayib Bukele announced the news, pledging to acquire one BTC per day starting Friday, November 8. “We are buying one Bitcoin every day starting tomorrow,” he said….
Read More: El Salvador President Says Country Will Buy ‘One Bitcoin Every Day’, Billionaire Justin Sun Joins Him
The Challenges Of Bitcoin Adoption Aren't Stopping Salvadorans
Citizens of El Salvador still face certain obstacles in their bitcoin adoption journey, but still look forward to the future.
El Salvador’s Bukele Says FTX Is ‘the Opposite of Bitcoin’
The President of El Salvador Nayib Bukele has called FTX the “opposite” of bitcoin (BTC). And the leader has equated the exchange’s chief Sam Bankman-Fried with notorious financial criminals like Charles Ponzi and Bernie Madoff.
Bukele has been relatively quiet on all things bitcoin-related in recent months – with the value of his nation’s BTC investment plummeting along with market prices….
Read More: El Salvador’s Bukele Says FTX Is ‘the Opposite of Bitcoin’
Revisiting El Salvador A Year After Its Bitcoin Adoption
Two bitcoin explorers return to El Salvador to see what the country looks like after a year of Ley Bitcoin.
El Salvador's Bitcoin purchase information can't be made public: Trustee
As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants.
El Salvador Development Bank Refuses to Reveal Bitcoin Records
A Salvadoran legal aid agency said that the government has twice denied its request for information.
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