Cryptocoins News / Blockchain - 2 years ago
Bitcoiners are looking to migrate to El Salvador for its reception to the crypto world may soon get more than just the warm reception. President Nayib Bukele is pushing for a number of policy reforms that will grant Citizenship by Investment to fore...
by COINS NEWS - 2 years ago
submitted by /u/Spare_Imagination648 [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
Salvadoran President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation.President Bukele took to Twitter to inform the crypto community on Sunday that he was sending a list of 52 legal reforms to Congres...
Bitcoin News / Bitcoinist - 2 years ago
The WSJ proves once again that the Bitcoin Law in El Salvador is still the story of the century. Their latest article about it is… a little one-sided. The WSJ and other legacy publications are losing their minds. The press could focus on the legitima...
Bitcoin News / Bitcoin.com - 2 years ago
Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money laundering cartels and undermines U.S. in...
Bitcoin News / Bitcoinist - 2 years ago
Everything surrounding the ACES act is almost comedic. U.S. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the “Accountability for Cryptocurrency in El Salvador” AKA the ‘‘ACES Act.’’ It’s bipartisan legislation that would allow the U....
by COINS NEWS - 2 years ago
submitted by /u/RohanShah1985 [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
A bipartisan group of senators introduced legislation in the United States Senate that seeks to mitigate perceived risks posed by El Salvador’s adoption of Bitcoin (BTC) as a legal currency.The proposed Accountability for Cryptocurrency in El Salvado...
by COINS NEWS - 2 years ago
submitted by /u/CragBawz [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
Last year, El Salvador dominated headlines as the first country to adopt Bitcoin as legal tender. The move is controversial both in and outside of the country, heralded for its potential to bring financial services to large portions of El Salvador’s...
by COINS NEWS - 2 years ago
submitted by /u/CryptoAddict420 [link] [comments]
by COINS NEWS - 2 years ago
submitted by /u/definitelytemporary [link] [comments]
Bitcoin News / Bitcoin.com - 2 years ago
One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The adoption of bitco...
Cryptocoins News / The Cointelegraph - 2 years ago
El Salvador, the first nation to adopt Bitcoin (BTC) as legal tender, has recently announced the relaunch of its wallet app Chivo, which is supposed to patch the previous version’s stability and scalability issues. The update is welcomed news for the...
Cryptocoins News / The Cointelegraph - 2 years ago
El Salvador faces another whipping from a traditional finance firm for its “forbidden” love for Bitcoin (BTC).American credit rating agency Fitch Ratings has lowered El Salvador’s long-term Issuer Default Rating from B- to CCC, mentioning “policy unp...
Cryptocoins News / Blockchain - 2 years ago
El Salvador is planning to its first bitcoin bond next month, the Central American country's Finance Minister Alejandro Zelaya announced. Zelaya elaborated that El Salvador is to have the bond "totally ready" for issuance between March 15 and Mar...
Cryptocoins News / Blockchain - 2 years ago
The growing interest in Bitcoin (BTC) continues to draw attention from the market, as El Salvador takes the helm of Google searches. Economist Jan Wustenfeld : “El Salvador is number one in the world when it comes to Bitcoin searches on Goog...
by COINS NEWS - 2 years ago
submitted by /u/asso [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
On Jan. 25, the International Monetary Fund’s (IMF) directors asked El Salvador to “narrow the scope” of its Bitcoin Law by “removing Bitcoin’s legal tender status.” Adopting a cryptocurrency as the Central American country has done “entails large ri...
More / Bitcoin Reddit - 2 years ago
“No international organization is going to make us do anything, anything at all.”—El Salvador Treasury Minister Alejandro Zelaya’s reply to the IMF’s demand to drop Bitcoin as legal tender.RIGHTEOUS KILLShots fired. I have my opinions on how El Salva...
Cryptocoins News / NewsBTC - 2 years ago
El Salvador, a country that has become infamous for being the first sovereign nation to accept bitcoin as a legal tender, continues its journey through uncharted waters. To make this move a reality, the country had launched its own government-approv...
Cryptocoins News / The Cointelegraph - 2 years ago
Major peer-to-peer (P2P) Bitcoin (BTC) platform Paxful is working to help Salvadorans better use BTC as the cryptocurrency became legal tender in El Salvador last year.Paxful on Wednesday announced the launch of “La Casa Del Bitcoin,” a new education...
Bitcoin News / Bitcoin.com - 2 years ago
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the largest fintech application in the country and Alph...
by COINS NEWS - 2 years ago
I was too concerned about misinformation and propaganda on the top post here few days before since the OP was trying to justify demands of IMF to drop BTC as a currency to get credits by them. For me, IMF is just trying to blackmail El Salvador for u...
by COINS NEWS - 2 years ago
The below graph tells you everything! https://preview.redd.it/slrfraq43ef81.png?width=1320&format=png&auto=webp&s=35dab2b53cbb20cbf5569b1324c85566d22229ce Pretty impressive, isn't it? In September, El Salvador became the first c...
