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Dispiriting saga of BTC and Bukele as El Salvador struggles with crypto adoption

The first country to officially adopt Bitcoin as a legal tender, El Salvador, is seeing its crypto dreams shatter in pieces. A recent survey by the Chamber of Commerce and Industry of El Salvador founThe post Dispiriting saga of BTC and Bukele as El Salvador struggles with crypto adoption appeared first on AMBCrypto. дальше »

2022-3-21 18:00


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An Entire Country Switched to Bitcoin and Now Its Economy Is Floundering

Months after El Salvador announced that it would accept bitcoin as legal tender, the country has found itself on the verge of economic collapse yet again.  The country’s president Nayib Bukele made waves last year when he announced that the nation would accept the token for use at stores and banks. The self-described “CEO of […] дальше »

2022-1-23 22:18


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Gloomy 2022 Beckons For Bitcoin As Usage Reportedly Drops 89% In El Salvador

Nayib Bukele may have had a field year, amassing over 1,300 BTC since the announcement of El Salvador’s official adoption of Bitcoin as legal tender in September. However recent reports now reveal that Bitcoin transaction rates in the Central-American country have reached a four-month low with over 85% of the population showing waning interest in the […] дальше »

2022-1-1 14:09


Russians Have Invested $67 Billion In Crypto As The CBR Flirts With A Ban

According to a recent report by a Russian lawmaker, the country’s citizens have invested over 5 trillion rubles ($67. 5 billion) in the crypto market, but the regulatory terrain remains hostile and unclear with the governor of the Central Bank of Russia increasingly hinting at a highly regulated environment Cryptocurrencies have had legal status in Russia since 2020, although it is forbidden to use them as means of payment in the country. дальше »

2021-12-23 02:00


El Salvador's Bitcoin City and why it could be a 'pretty attractive opportunity'

Ever since Bitcoin was adopted as legal tender in El Salvador, the country has been coming up with innovative ways to integrate it into the economy. So much so that plans to build a "Bitcoin City" havThe post El Salvador's Bitcoin City and why it could be a 'pretty attractive opportunity' appeared first on AMBCrypto. дальше »

2021-12-13 04:30


India: PM Modi's 'briefly compromised' Twitter account talks about 'adopting Bitcoin'

Earlier today, Indian Prime Minister Narendra Modi's Twitter account "announced" that the country had adopted Bitcoin as legal tender. Now, while there was some surprise and joy in some quarters, as eThe post India: PM Modi's 'briefly compromised' Twitter account talks about 'adopting Bitcoin' appeared first on AMBCrypto. дальше »

2021-12-12 09:40


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El Salvador uses Bitcoin price drop to get another 150 BTC

El Salvador, a small country that made a lot of noise earlier this year by accepting Bitcoin as legal tender, is using every opportunity it can get to acquire more coins. While many around the world are troubled by the recent 20% price drop that hit Bitcoin (BTC/USD) earlier today, El Salvador saw it as […] The post El Salvador uses Bitcoin price drop to get another 150 BTC appeared first on Invezz. дальше »

2021-12-5 17:04