Tag: el salvador
El Salvador’s Volcano Bonds Approved by Regulator; Bitcoin City is One Step Closer to Reality
by We’ve talked about El Salvador’s Bitcoin experiment and success many times now. Last week, we talked about how the country made net profit on…
Despite Criticism, El Salvador’s Bitcoin Portfolio Is About to Break Even
by It’s been years since El Salvador shockingly announced that it’s legalizing Bitcoin as legal tender. What’s more, the country switched from fiat money to…
El Salvador and Costa Rica Remain the Blueprint for New Bitcoin Global Norms
by It’s been two years since El Salvador has switched the US Dollar for Bitcoin in an experiment that many perceive as one with mixed…
Binance Earns Digital Asset and Bitcoin Trading Licenses in El Salvador
by With trouble brewing up for it in the USA and other countries, Binance is looking for ways to extend its reach. It has just…
US Senators Introduce Bill That Requires Reports on El Salvador’s Bitcoin Adoption
by A group of US Senators has just introduced a somewhat strange bill that requires regular reports of El Salvador’s Bitcoin adoption. As you may…
The Kingdom of Bhutan Supposedly Been Mining Bitcoin for Six Years
by It’s not just El Salvador anymore. There have been many reports of other countries mining BTC, and the last one is all but confirmed…
El Salvador Grants Digital Assets License to Bitfinex
by El Salvador, also known as the country that accepted Bitcoin as its native currency around 2 years ago, has just granted its first digital…
The IMF Warns Countries Not to Make Crypto Legal Tender
by The International Monetary Fund—IMF for short—has been one of the most vocal traditional finance organizations speaking out against Bitcoin. According to managing director Kristalina…
The IMF Once Again Warns El Salvador of Potential Bitcoin Risks
by The small island country of El Salvador shocked everyone when it announced it was making Bitcoin legal tender back in 2021. It was a…
Coinbase CEO Proposes Bitcoin as a Solution for South American Countries Seeking a Common Currency
by Brian Armstrong, Coinbase’s CEO, has just tweeted that Bitcoin could be the long-term solution for Argentina and Brazil’s financial troubles. The South American countries…