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PortuguêsNayib Bukele, El Salvador president, has claimed that 2.1 million citizens are using the new government-backed Chivo cryptocurrency wallet. In a tweet, he implied the apparent success of Bitcoin in…
Continue ReadingEl Salvador’s President Nayib Bukele recently took a dig at those spreading FUD against him. At press time, his Twitter bio read, “El Dictador más cool del mundo mundial” roughly translated…
Continue ReadingOn Sept. 6, El Salvador became the first country to adopt BTC as legal tender, attracting both praise and criticism from the global community. Salvadoran President Nayib Bukele claims that…
Continue ReadingOn Twitter, more than 66,000 people have viewed a video of a man sending $10 to his friend in El Salvador, to buy a cup of coffee. What made this…
Continue ReadingThis man Jack Mallers has a way of finding himself in the middle of historic transactions. This time, the Strike CEO used the recently unveiled Twitter Tips Lightning integration to…
Continue ReadingThe adoption of bitcoin as legal tender in El Salvador has been one of the biggest events in the cryptocurrency world this year. However, Nayib Bukele, president of the country,…
Continue ReadingBitcoiners who were in El Salvador as its Bitcoin law was implemented reflect on the good and the bad of state-sponsored Bitcoin adoption. Watch On YouTube Listen: Apple Spotify Libsyn…
Continue ReadingSo, Bitcoin is legal tender in El Salvador. How did the experiment start? With fire and chaos. You could say that the implementation wasn’t the smoothest, but it’s advancing and…
Continue ReadingA new survey suggests that most Salvadorans still don’t have a clear understanding of Bitcoin or crypto. El Salvador has made global headlines with its president’s controversial introduction of Bitcoin…
Continue ReadingEl Salvador continued to capitalize on Bitcoin market opportunities. So much so, the silver lining in the cryptocurrency’s price retracement has been the country’s president, Nayib Bukele, “buying the dip.”…
Continue ReadingEl Salvador President Nayib Bukele gives us an update on the adoption progress of their government Bitcoin app – Chivo Wallet. Today, the president of El Salvador, Nayib Bukele tweeted…
Continue ReadingWith the international attention on El Salvador’s historic adoption of Bitcoin, some critical myths have emerged that are in need of busting. El Salvador’s adoption of bitcoin as legal tender…
Continue ReadingGary Gensler gets grilled on Capitol Hill as crypto looms large on national political agendas from Cuba to South Korea. Fall is traditionally the open season for United States financial…
Continue ReadingEl Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has purchased more bitcoin. The Salvadoran government now holds 700 coins, according to President Nayib Bukele. El…
Continue ReadingEl Salvador has bought the “Bitcoin price dip,” exchanging dollars for Bitcoin at a time he believes it remains undervalued by the global market. El Salvador’s President Nayib Bukele confirmed…
Continue ReadingA hatred for remittance fees unites every level of society. Even El Salvador’s President Nayib Bukele took a dig at Western Union and other intermediaries in the run-up to the…
Continue ReadingEl Salvador has now marked its 10th day of bitcoin being legal tender in the country. This is a huge milestone that could not have been predicted to happen this…
Continue ReadingThe Salvadorian government has installed over 200 ATMs in September after adopting Bitcoin as a legal tender. El Salvador now hosts the third-largest network of crypto ATMs after the United…
Continue ReadingAccording to recent reports, El Salvador’s Court of Accounts is bucking up for an investigation into the government’s Bitcoin purchases following a complaint. The probe will reportedly also look into…
Continue ReadingAll of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch…
Continue ReadingEl Salvador’s official adoption of Bitcoin as legal tender earlier this month has been celebrated and criticized, both within the country and worldwide. While many believe it to be a…
Continue ReadingAccording to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The…
Continue ReadingS&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating. Credit rating agency Standard and Poor (S&P) Global believes the…
Continue ReadingTracing Bitcoin’s journey in El Salvador, from new hope in a small village to a new law by an increasingly authoritarian government. I. As Fast As Lightning I was standing…
Continue ReadingOn Tuesday, Bitcoin.com News spoke with Marc Falzon, an individual who has been documenting the bitcoin rollout in El Salvador since the law was implemented on September 7. Falzon says…
Continue ReadingThe Chivo machine could be seen defaced with anti-BTC logos and a sign saying “democracy is not for sale.” Bitcoin detractors and those protesting the policies of El Savador President…
Continue ReadingThe platform will launch Hugo gift cards for Salvadorans to access dozens of products and services with Bitcoin. Bitrefill, a popular platform that sells gift cards for bitcoin, announced a…
Continue ReadingHere at Bitcoinist, we’re going to let the people speak. It’s been one week since the first country adopted bitcoin as legal tender and we’re already thinking about the hyperbitcoinization…
Continue ReadingThe rollout of Bitcoin as legal tender in El Salvador, was a great moment for the cryptocurrency community worldwide, even as the whole event didn’t play out quite as planned.…
Continue ReadingThe state-owned bitcoin dollar account has over half a million users, 200 ATMs in El Salvador, 50 ATMs in the U.S. The President of El Salvador, Nayib Bukele, has shared…
Continue ReadingEl Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout. Just a week after Bitcoin (BTC) became legal tender in El Salvador, President…
Continue ReadingThe second-layer network now houses over 2,400 bitcoin in more than 73,000 channels, enabling BTC usage as a medium of exchange. The bitcoin capacity of the Lightning Network, Bitcoin’s layer-2…
Continue ReadingCointelegraph’s law & policy newsletter is back with a discussion of El Salvador’s effects, Coinbase‘s woes, and the digital euro’s prospects. Too much is happening in the realm of crypto…
Continue Reading“There will be no taxes to pay on either the capital increase or the income,” the legal adviser to President Nayib Bukele said. Foreign investors will not be required to…
Continue ReadingEl Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading. The government of El Salvador will reportedly exempt investors from paying a capital gains…
Continue ReadingThe ongoing bitcoin adoption in El Salvador seems to be causing a lot of issues. But, for now, it seems to be the turn of Bond investors. The yields have…
Continue ReadingDo Latin America ‘s unique characteristics put the continent in position to adopt cryptocurrencies before the rest of the world? Or is El Salvador an isolated case? In Latin America,…
Continue ReadingBy becoming the first country in the world to make bitcoin legal tender, El Salvador took a bold step into the future. In recent months, the Central American country of…
Continue ReadingResistance against El Salvador’s move to make Bitcoin a legal tender persists even as the law comes into effect. The year 2021 will probably go down the history books as…
Continue ReadingOne of the most important events in the history of bitcoin has taken place, with a nation making bitcoin legal tender. Last Week In Bitcoin is a series discussing the…
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