News about EL SALVADOR

News about El Salvador

El Salvador has officially passed a law that makes Bitcoin a legal currency.

And that’s a wrap ladies and gentlemen. On June 9, 2021, at approximately 12:08am EST, El Salvador has become the First Nation to pass a bill that makes Bitcoin a legal currency. Who would have thought this would happen so quickly! It will take ~90 d...

El Salvadore’s new law decreeing Bitcoin as legal tender. Like the bitcoin whitepaper it is short and easy to understand.

https://preview.redd.it/5e6h5wx0t5471.jpg?width=1275&format=pjpg&auto=webp&s=851da235b897e30270890af4a2b5893b801185c4 https://preview.redd.it/gcghaq53t5471.jpg?width=1247&format=pjpg&auto=webp&s=7b60fa288d6636b8...

El Salvador’s proposed bitcoin-as-legal-tender law

submitted by /u/qazwsx1112 [link] [comments]

El Salvador President: Crypto must be accepted by every economic agent

submitted by /u/carlo_on_fire [link] [comments]

El Salvador president submits the bill to the Congress for making Bitcoin legal tender!

El Salvador president submits the bill to the Congress for making Bitcoin legal tender! Source: https://twitter.com/nayibbukele/status/14024425972353105 https://preview.redd.it/q31hdqp5g5471.jpg?width=1275&format=pjpg&auto=webp&s=8a...

El Salvador Thread #2 - "Ley Bitcoin" already being discussed by the Finance Comission of Congress.

(TRANSLATION OF THE BILL INSIDE) Hello, I promised people I'd try to keep the community updated on everything that happened in El Salvador regarding the law that will make Bitcoin legal tender and I plan on keeping that promise. In the following...

We've mined this local El Salvador newspaper headline announcing plan to make Bitcoin a legal tender into the 686,604th block of the chain. It will now remain there until the end of time.

In Slush Pool we have mined a message celebrating El Salvador's plan to make BTC a legal tender into the #Bitcoin blockchain for all of eternity. Block 686604 "Diario El Salvador 6/Jun/2021 Bitcoin tendra validez legal". Link to b...

Stats: El Salvador dumps USD reserves for BTC instead

El Salvador has been steadily dumping USD from its reserves since October 2020 Now it announces buying BTC for its reserves amongst news of impending US inflation Source: https://tradingeconomics.com/el-salvador/foreign-exchange-reserves sub...

Politician in Panama tweets that “Panama cannot be left behind” in response to El Salvador’s Bitcoin Proposal.

submitted by /u/kohleesi [link] [comments]

Panama To Join El Salvador and Paraguay in Bitcoin Adoption

submitted by /u/Zealousideal_Book151 [link] [comments]

Native from El Salvador

I was born and raised in El Salvador for a part of my childhood until I moved to the US. My parents have lived through a civil war, jumping over dead bodies to go visit family or friends. The country has been through so much since its inception. Losi...

El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs

Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital...

El Salvador To Make Bitcoin Legal Tender: A Milestone In Monetary History

submitted by /u/EntertainerWorth [link] [comments]

Bitcoin users will get help relocating and working in El Salvador: President

Nayib Bukele says he wants to help entrepreneurs embrace El Salvador as a base, with Bitcoin free from capital gains tax. Bitcoin (BTC) hodlers who want to earn BTC ta...

El Salvador has set the stage for the separation of money and state. Few.

submitted by /u/undertheradar48 [link] [comments]

Fed printing more and more USD is a stab in the back for people in other countries that have adopted USD as their currency. That is why El Salvador is breaking free

Some people may not realize but El Salvador's main currency is the USD. It is used there as currency for everything, from savings to expenses. But the main difference is that unlike USD, the Salvadorean central bank can't print more of this...

El Salvador President: No capital taxes on Bitcoin, PR for crypto entrepreneurs

submitted by /u/pepperonimilkjuice5 [link] [comments]

BTC price doesn't care about El Salvador? 5 things to watch in Bitcoin this week

News of a major adoption move has no impact on lackluster BTC price action prior to government approval — can anything lift Bitcoin out of its range? Bitcoin (BTC) beg...

After El Salvador, Paraguay Hints at Bitcoin PayPal Project

submitted by /u/CaptLuLu [link] [comments]

Paraguay Hints at Making Bitcoin a Legal Tender After El Salvador

submitted by /u/Dwez1337 [link] [comments]

Max Keiser caught lying. Claims he bought a home in El Salvador. The home is actually in Costa Rica. BTC needs to rid itself of these charlatans

This guy is single handedly bringing BTC a bad name. After the absolute clown show in BTC conference, he seems to be doubling down on his shenanigans. He now claims he bought a home in El Salvador to show support for the country's pro- Bit...

Following El Salvador, it looks like Paraguay will be next.