12 hours ago · 2 min read
Reddit community to buy $30 in Bitcoin in show of solidarity with El Salvador and Brazil
Redditors are at it again, this time to celebrate El Salvador's Bitcoin law and Brazilian independence day.
El Salvador creates history after buying 400 Bitcoin (BTC)
President Bukele of El Salvador has announced that the country has purchased 400 Bitcoin.
7 out of 10 Salvadorans want to repeal the new Bitcoin (BTC) law
The latest survey coming from El Salvador shows that the latest Bitcoin law might not be as popular among Salvadoreans as we might think.
El Salvador gets a $150 million Bitcoin Trust while BTC breaks $50,000
The government of El Salvador voted in favour of creating a $150 million trust to support the unraveling crypto adoption.
IMF releases Bitcoin (BTC) ‘risk’ warning… again
The international financial institution found it fitting to revive the warnings published in a blog post a month ago and recapped that recognizing Bitcoin as national currency represents an “inadvisable shortcut.”
Anti-Bitcoin protests are ongoing in El Salvador ahead of legalization
With just over a week until Bitcoin becomes legal tender, El Salvadorans took to the streets to protest the adoption of President Nayib Bukele's controversial law.
Central American bank: Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries
If Bitcoin (BTC) substantially cuts remittance costs in El Salvador, other Central American countries will most likely adopt it as well.
200 Bitcoin ATMs installed in El Salvador ahead of legal tender adoption
There are roughly two weeks left until Bitcoin (BTC) starts circulating the mainstream space as a legal tender in El Salvador.
Bitcoin adoption could dampen El Salvador’s credit rating, Fitch says
Fitch Ratings warned that El Salvador’s Bitcoin legislation presents a risk for local insurers.
El Salvador effect: Spain considers allowing mortgage payments in crypto
Will Spain do an El Salvador and push the crypto agenda forward on the global stage?
El Salvador’s Bitcoin bill has 5 key benefits, says Bank of America
The Central American country became the only nation in the world to accept Bitcoin as legal tender earlier this year. Its since gotten both bouquets and brickbats.
El Salvador to officially adopt Bitcoin as legal tender on September 7
Bitcoin as the official currency through everyday economics of crypto adoption.
After El Salvador warning, IMF says accepting Bitcoin as national currency is “a step too far”
The IMF addressed widespread adoption of Bitcoin, claiming it would jeopardize macroeconomic stability.
The people of El Salvador are protesting against Bitcoin bill
After polls showed the majority of citizens don’t trust the new Bitcoin bill, protestors hit the streets outside the National Assembly in El Salvador.
JPMorgan slams Bitcoin (BTC) use case in El Salvador
JPMorgan’s report criticized El Salvador’s Bitcoin legislation, while addressing potential risks for the country’s monetary system and the Bitcoin network.
More than 75% of El Salvador is skeptical of Bitcoin, survey finds
The majority of El Salvadorans are doubtful of the new Bitcoin law, showed a post-legislation survey.
El Salvador’s Bitcoin mine could earn over 20,000 BTC ($750 million) a year
The country has embarked on an ambitious project that uses volcanic geothermal energy to mine Bitcoin. And it could be very lucrative.
What is the practicality of El Salvador adopting a national digital currency?
El Salvador's President Nayib Bukele promised to adopt bitcoin as legal tender, and he has kept his promise.