Salvador

One account has been conspicuously quiet while Crypto-Twitter has been awash with apocalyptic memes about the collapse of Cryptocurrency exchange FTX and the precipitous decline in the price of bitcoin. The President of El Salvador, Nayib Bukele, who introduced Cryptocurrency legitimate money a year ago, did not urge his fans…

El Salvador’s President Nayib Bukele announced yesterday in his Twitter, “Starting tomorrow, we will buy one bitcoin every day”, and the current price of bitcoin is $16,700. El Salvador started buying bitcoin on September 7, 2021, and used bitcoin as the national legal tender. According to the reported data, El…

There are many discussions about cryptocurrencies; today, we would like to talk a little about Bitcoin’s prospects of ever becoming a legal payment method. …

El Salvador made history in September 2021 by becoming the first country to officially recognize Bitcoin as a legal tender. Businesses in El Salvador have been slow to adopt Bitcoin (BTC) ever since the country famously recognized the digital asset as legal tender in September 2021, according to a recent survey by the Salvadoran Chamber of Commerce. Of the 337 companies surveyed between Jan. 15 and Feb. 9, only 14%…

Salvadoran President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation. President Bukele took to Twitter to inform the crypto community on Sunday that he was sending a list of 52 legal reforms to Congress. Among the most notable proposals, Bukele called for the removal of red tape, reducing bureaucracy, creating tax incentives and, most importantly, offering citizenships to foreigners looking to invest in the nation.

AEX HOTSPOT And it “will be buying a lot more.” El Salvador President Nayib Bukele announced on Twitter that his government has bought 200 BTC on Monday, a day before the country’s Bitcoin Law, which will make the cryptocurrency legal tender within the Central American nation, goes into effect. “El…

For a relatively small country with a population of just six million and a low per capita income, El Salvador, which became the first country in the world to make Bitcoin legal tender on a nationwide basis, represents an outstanding example of forward thinking and savvy. Limitless outrage of the World Bank Just recently, El Salvador…