El Salvador News News El Salvador » Cryptocurrencies: Cryptocurrencies Rally Following Trump Victory, El Salvador's Bitcoin Bet Pays Off And More: Top Crypto Updates This Week
The week has been a whirlwind of cryptocurrency news, with El Salvador’s Bitcoin gamble paying off and Standard Chartered predicting a massive surge in the digital assets market. Meanwhile, Detroit is ...
News El Salvador » Cryptocurrencies: El Salvador Plans to Buy More Bitcoin Every Day Despite Losing Millions Already
Bitcoin is trading at a two-year low as President Nayib Bukele doubles down on his country's financially disastrous cryptocurrency experiment. Reading time 3 minutes Nayib Bukele, the president of El ...
News El Salvador » Cryptocurrencies: El Salvador passes law for bitcoin-backed 'volcano bonds' and eyes expanding to other cryptocurrencies
El Salvador's assembly passed legislation Wednesday that clears the way for bitcoin-backed "volcano bonds" to be issued and for cryptocurrencies other than bitcoin. After declaring bitcoin legal ...
News El Salvador » Cryptocurrencies: Can cryptocurrencies be legal tender? A case study from El Salvador
In El Salvador, preference for cash and privacy fears deterred the widespread adoption of Bitcoin as an everyday currency, researchers report. The findings suggest that policies incentivizing ...
News El Salvador » Cryptocurrencies: El Salvador Signs Crypto Regulation Agreement With Paraguay
El Salvador and Paraguay are collaborating for crypto regulation. This is the second regulatory deal that El Salvador inked in the last three months. El Salvador has one of the most robust crypto ...
News El Salvador » Cryptocurrencies: El Salvador Is Planning a ‘Bitcoin Embassy’ in Texas After Losing Tens of Millions on Crypto
The country's ambassador claims its "new ally," Texas, could help expand "commercial and economic exchange projects” despite in spite of bitcoin's decline. Reading time 2 minutes El Salvador, which ...
News El Salvador » Cryptocurrencies: Quantum computing threat shakes El Salvador’s Bitcoin strategy
El Salvador, the country with one of the largest Bitcoin treasuries, made a surprising move on Aug. 30 when it transferred its BTC holdings to 14 new addresses. The Bitcoin Office of the country ...
News El Salvador » Cryptocurrencies: Paraguay Is Only Waiting for Crypto Law: El Salvador’s Top Crypto Regulator
Paraguayan agencies are ready to integrate the crypto sector. All that’s missing is the legislation. That’s according to Juan Carlos Reyes, the president of the Comisión Nacional de Activos Digitales ...
News El Salvador » Cryptocurrencies: Can Cryptocurrencies Ever Be Legal Tender? This Is What We Learned From El Salvador
Stephen has degrees in science (Physics major) and arts (English Literature and the History and Philosophy of Science), as well as a Graduate Diploma in Science Communication. Stephen has degrees in ...
News El Salvador » Cryptocurrencies: Central Bankers Descend On El Salvador To Learn About Bitcoin And Financial Inclusion
What happened in El Salvador to encourage 44 different countries to send representatives from 32 central banks and 12 other financial institutions? The short answer is that last week the country ...
News El Salvador » Cryptocurrencies: El Salvador is moving toward raising $1 billion in bonds backed by bitcoin by broadening its bet on crypto
El Salvador is pressing on with efforts that could lead the country to raise $1 billion in bitcoin-backed bonds, with President Nayib Bukele bucking international concerns about the country's exposure ...
News El Salvador » Cryptocurrencies: Crypto: El Salvador Denies Its Bitcoins Were Crushed in FTX Crash
The fall of former trader Sam Bankman-Fried's crypto empire has taken the crypto industry by surprise. FTX.com, his cryptocurrency exchange, and Alameda Research, his trading platform, are on the ...