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El Salvador to Airdrop $30 BTC to Residents as Bitcoin Adoption Gains Ground
The government of El Salvador has announced plans to airdrop $30 worth of bitcoin (BTC) to every adult in the nation. The airdrop will only be given to those who download the government’s dedicated bitcoin wallet application, according to a tweet on June 25, 2021. дальше »
2021-6-25 13:18 | |
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Bitcoin as legal tender – Paraguay follows El Salvador’s lead
South American nation, Paraguay, has proposed a bill that will legally recognize Bitcoin (BTC/USD) as its official currency. The move is coming after El Salvador made a similar proposal, making Bitcoin legally accepted for the payment of goods and services. дальше »
2021-6-27 11:55 | |
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El Salvador Reveals Official Bitcoin Digital Wallet ‘Chivo’
El Salvador President Nayib Bukele revealed a new digital wallet for bitcoin, saying that citizens will receive $30 after they download it. The post El Salvador Reveals Official Bitcoin Digital Wallet ‘Chivo’ appeared first on BeInCrypto. дальше »
2021-6-25 09:44 | |
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Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador
Accessing BTC is about to get a lot easier in El Salvador with the crypto ATM rollout.
дальше »2021-6-25 06:35 | |
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Nothing will ‘stop’ Bitcoin in El Salvador, says President after IMF, World Bank criticism
President Bukele said nothing can stop Bitcoin from seeing widespread adoption in El Salvador, and he sees no scenario in which it can be stopped. The post Nothing will ‘stop’ Bitcoin in El Salvador, says President after IMF, World Bank criticism appeared first on CryptoSlate. дальше »
2021-6-25 04:00 | |
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Canada Could Become The Next “El Salvador” For Bitcoin, But How Soon?
Canada, the third most populous nation in the North American continent, is on course to becoming home to the biggest cryptocurrency firms. Canada’s regulatory atmosphere has been more favorable to cryptocurrencies than their North American counterpart: the United States of America. дальше »
2021-6-25 20:18 | |
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President Nayib Bukele Explains El Salvador’s Bitcoin Law
We at Bitcoinist already analyzed the controversial Article 7 from El Salvador’s Bitcoin Law from every angle. But, did we? The President himself, Nayib Bukele, defends and explains it in a way that leaves little doubt. дальше »
2021-6-24 16:45 | |
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What's cooking for Cardano in El Salvador?
Cardano's Charles Hoskinson has gotten a lot of stick lately owing to his views on a host of subjects. Just last week, on the back of his appearance on the Lex Fridman podcast, Hoskinson faced backlasThe post What's cooking for Cardano in El Salvador? appeared first on AMBCrypto. дальше »
2021-6-24 14:00 | |
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Chainbytes Bringing Bitcoin ATMs to El Salvador, Launching Manufacturing Hub
Bitcoin ATM provider Chainbytes is setting up a bitcoin ATM manufacturing hub in El Salvador. The move follows the country passing a bill making bitcoin legal tender. The company plans to make El Salvador “the manufacturing hub of bitcoin ATMs for all of the Americas. дальше »
2021-6-24 04:30 | |
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El Salvador President responds to critics, says Bitcoin plan is ‘bulletproof’
After becoming the first country to usher Bitcoin (BTC/USD) as legal tender, El Salvador is making consistent and unapologetic efforts in the direction of full adoption. According to President Nayib Bukele, the risks are minimal and the move is a giant step forward for humankind, Reuters reported. дальше »
2021-6-24 17:56 | |
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El Salvador Progresses With Volcano-Powered Bitcoin Mining Plan
The El Salvadoran government seems to be pushing ahead with its plans for bitcoin mining in the country, which would see the use of geothermal energy to power BTC mining activities in the country. Geothermal Energy for Bitcoin Mining Still in Place El Salvador President Nayib Bukele in a tweet on Wednesday (June 23, 2021),Read More дальше »
2021-6-23 17:00 | |
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President Bukele Teases El Salvador’s Volcano-Powered Bitcoin Mining Preview
El Salvador President Nayib Bukele gives a sneak-peek into upcoming Volcano-powered Bitcoin mining farms. President Bukele Releases Preview El Salvador’s President, Nayib Bukele, used Twitter to give an early peak at the planned Bitcoin mining setup, which would be powered by volcanoes. дальше »
2021-6-24 13:02 | |
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El Salvador’s Opposition Party Files Lawsuit Against Bitcoin Legal Tender Legislation
An opposition party in El Salvador and some public members have filed a complaint against the government’s bitcoin legal tender law, which they view as unconstitutional. El Salvador’s Bitcoin Law Faces Pushback From Opposition Just days after the World Bank declined El Salvador’s request to provide technical assistance in the implementation of the bitcoin law, […] дальше »
2021-6-23 20:27 | |
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Strike Dumps Tether, Set To Partner With Banks for El Salvador Remittances
Mallers Says He No Longer Needs USDT Mallers revealed that his firm would be integrating with the top five banks and two biggest cashpoint distributors in El Salvador. He said the cashpoint stores would enable people to exchange cash for balances on a mobile app like Strike and vice versa. дальше »
2021-6-22 18:45 | |
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El Salvador Opposition Party Files Lawsuit Against Bitcoin Adoption Ruling
A citizen group in El Salvador, led by opposition politician Jaime Guevara, filed a lawsuit against the country for adopting bitcoin as legal tender. The post El Salvador Opposition Party Files Lawsuit Against Bitcoin Adoption Ruling appeared first on BeInCrypto. дальше »
2021-6-23 14:59 | |
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El Salvador’s Opposition Leaders Fight Against Country’s Bitcoin Law
Members of El Salvador’s Farabundo Marti National Liberation (FMLN) have filed a lawsuit challenging the constitutionality of the Bitcoin Law passed by the country’s lawmakers earlier in June. The plaintiff claims El Salvador’s bitcoin (BTC) adoption push is not in the people’s best interest, according to an EL Mundo report on June 21, 2021. OppositionRead More дальше »
2021-6-22 14:00 | |
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Opposition poses constitutional challenge to El Salvador's Bitcoin law
A political party in El Salvador has filed a lawsuit alleging President Bukele’s new Bitcoin law could be unconstitutional and harmful to the country. дальше »
2021-6-22 06:27 | |
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World Bank’s Founding Document Makes It Mandatory To Support El Salvador On Implementing Bitcoin
The World Bank recently rejected a request from El Salvador for assistance with its adoption of Bitcoin as legal tender. Despite this, President Nayib Bukele’s dogged pursuit to make Bitcoin a legal tender in El Salvador may soon become a reality as the World Bank’s founding document stipulates that the Bank must accept payments in […] дальше »
2021-6-22 15:55 | |
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Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin
Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. дальше »
2021-6-21 06:30 | |
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Paraguayan Lawmaker to Present Bitcoin Legislation Next Month — Aims to Make Paraguay Global Crypto Hub
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide. His efforts follow El Salvador passing a bill making bitcoin legal tender. дальше »
2021-6-21 00:30 | |
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Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’
The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as legal tender and says it could “completely collapse the economy. дальше »
2021-6-21 20:00 | |
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What governments don't realize is going to happen with Bitcoin
The news of El Salvador adopting Bitcoin as legal tender fueled disparate reactions from different corners of the world. While supporters of Bitcoin continue to laud this move, several regulators and The post What governments don't realize is going to happen with Bitcoin appeared first on AMBCrypto. дальше »
2021-6-20 23:30 | |
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Paraguay Follows El Salvador In Tabling Bitcoin Bill, The Crypto Revolution Is Happening
As confirmed by Paraguay’s National Deputy, Carlitos Rejala, plans are in place to discuss the formal legalization of Bitcoin next month. Since El Salvador took the progressive step of recognizing Bitcoin as legal tender, politicians from several other Latin American countries have also signaled a similar intent. So far, on the list of potentials to […] дальше »
2021-6-19 03:00 | |
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Steve Hanke Calls El Salvador’s President “Stupid” For Making Bitcoin Legal Tender
Steve Hanke has condemned the legalization of Bitcoin in El Salvador. The economist believes the decision will “completely collapse” El Salvador’s economy. He called the move “stupid.” His reasoning around this being that El Salvador is a dollarized nation and making Bitcoin legal tender would be detrimental to the economy. Professor Hanke was on Kitco […] дальше »
2021-6-19 02:30 | |
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El Salvador's Bitcoin adventure - Is everyone REALLY convinced?
El Salvador's latest quest to make Bitcoin a legal tender in the region was greeted with enthusiasm by many, especially since it was the first country to do so. The congressional hearing on the issuThe post El Salvador's Bitcoin adventure - Is everyone REALLY convinced? appeared first on AMBCrypto. дальше »
2021-6-19 02:30 | |
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“All The Way To $160K This Year” – Here’s Why Celsius CEO Is Upgrading His Bitcoin Price Target
CEO of Celsius Network, a leading crypto lending, and interest-yielding blockchain platform Alex Mashinsky has predicted that the price of Bitcoin looks on track to hit $160,000 by the end of 2021. Mashinsky supports his prognosis with recent events happening in the crypto community that saw El Salvador adopt Bitcoin as legal tender. He feels […] дальше »
2021-6-19 00:08 | |
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Paraguay to unveil Bitcoin legislations next month
Paraguay is set to unveil a crypto bill on the back of Bitcoin’s success story in El Salvador, a government official said this week. The post Paraguay to unveil Bitcoin legislations next month appeared first on CryptoSlate. дальше »
2021-6-18 12:00 | |
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Why Is Brock Pierce Leading An “Official Delegation of Bitcoin” In El Salvador?
Something is rotten in the state of El Salvador. The first nation to declare BTC as legal tender received no other than the infamous Brock Pierce. An “Official Delegation of Bitcoin Ambassadors” reportedly met with President Bukele and other government officials. дальше »
2021-6-18 10:28 | |
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Camarasal Poll Shows Entrepreneurs Are Worried About Bitcoin Law in El Salvador
Camarasal, a well known entrepreneur association in El Salvador, announced the results of a poll made this month. The poll shows almost 100% of Salvadorans worry about the implementation of the bitcoin tender law approved recently. дальше »
2021-6-18 09:30 | |
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Pundit Lampoons Bitcoiners For ‘Worshipping’ Elon Musk, Michael Saylor, and El Salvador President, Nayib Bukele
Popular Bitcoin developer, Johnathan Corgan, took to Twitter to express sordid displeasure over what he terms “the emergence of celebrity worship” in the Bitcoin sphere. Citing Elon Musk, Michael Saylor, and El-Salvador’s president Nayib Bukele, as the recently crowned demi-gods of the bitcoin blockchain, Corgan was quick to point out a growing trend of excessive […] дальше »
2021-6-17 21:23 | |
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World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues
The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. дальше »
2021-6-18 20:00 | |
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World Bank Turns Down El Salvador’s Request to Help Execute Bitcoin Plans
The World Bank has said that it would not be able to assist the El Salvadoran government with its plans to officially make bitcoin the country’s second legal tender. World Bank Not in Support of El Salvador’s Bitcoin Ambitions According to Reuters on Wednesday (June 16, 2021), the World Bank turned down El Salvador’s requestRead More дальше »
2021-6-17 19:00 | |
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World Bank Refuses To Help El Salvador Implement Bitcoin, Citing “Transparency Shortcomings”
Revealing misunderstandings, the World Bank has rejected El Salvador's request for assistance in implementing a bitcoin standard. дальше »
2021-6-17 18:11 | |
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World Bank Says ‘No’ to El Salvador’s Request on Bitcoin Implementation
The bank’s refusal to offer technical assistance has been pegged down on issues of… The post World Bank Says ‘No’ to El Salvador’s Request on Bitcoin Implementation appeared first on Coin Journal. дальше »
2021-6-18 17:49 | |
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World Bank Snubs El Salvador’s Request For Help With Integrating Bitcoin
The World Bank has rejected a request from El Salvador for assistance with its Bitcoin adoption plans, reports Reuters. The World Bank, an international financial institution that offers loans and grants to low-income countries, on Wednesday cited “environmental and transparency shortcomings” of Bitcoin as the reason for its turning down the request from El Salvador […] дальше »
2021-6-17 16:25 | |
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World Bank cites this as a Bitcoin issue for not helping El Salvador
The World Bank has rejected El Salvador's request to implement Bitcoin as legal tender. This decision was taken in light of the negative environmental effects of Bitcoin mining and transparency drawbaThe post World Bank cites this as a Bitcoin issue for not helping El Salvador appeared first on AMBCrypto. дальше »
2021-6-17 13:30 | |
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World Bank Denies El Salvador Assistance With Bitcoin Implementation
In an email sent on Wednesday, the World Bank said it cannot provide any assistance to El Salvador as the country implements bitcoin as legal tender. The post World Bank Denies El Salvador Assistance With Bitcoin Implementation appeared first on BeInCrypto. дальше »
2021-6-17 12:56 | |
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World Bank wants no part in El Salvador’s Bitcoin revolution
The World Bank has refused to assist El Salvador with integrating Bitcoin into its financial infrastructure, a report on Reuters said today. The post World Bank wants no part in El Salvador’s Bitcoin revolution appeared first on CryptoSlate. дальше »
2021-6-17 10:58 | |
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