Nayib Bukele – the president of El Salvador – has issued a tweet saying he is going to be purchasing at least one bitcoin every day during the present market slump. Right now, BTC is trading in the $1...
Tag: Salvador
What it’s actually like to use Bitcoin in El Salvador – Cointelegraph Magazine
I attempted to spend two weeks travelling in El Salvador living on Bitcoin. I tried to pay for every single thing with Bitcoin, or Satoshis, small amounts of Bitcoin. Spoiler alert, I failed. Outfoxe...
Tim Draper Predicts a Bright Future for El Salvador
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...
Billionaire Tim Draper Says Bitcoin (BTC) Will Make El Salvador One of the Richest Nations on Earth
Venture capitalist Tim Draper says Bitcoin (BTC) will likely transform El Salvador from one of the poorest countries in the world to one of the richest. In a new interview with popular crypto bull Ant...
El Salvador buys back sovereign bonds to reduce debt
The Republic of El Salvador has announced that it has completed the second repurchase of its sovereign bonds maturing in 2023 and 2025. According to a press release shared by President Nayib Bukele, t...
El Salvador Says It Has No Ties to FTX
A rumor was swirling around online that the nation of El Salvador in Central America had tons of bitcoin locked away in the FTX exchange, which has now filed for chapter 11 bankruptcy. However, many i...
Can President Bukele’s BTC obsession put El Salvador at a massive disadvantage
El Salvador’s President claimed that Bloomberg’s article criticizing his Bitcoin policy was “full of lies” The economy of the country took a sharp downturn following BTC’s fall Nayib Bukele, the Presi...
El Salvador President Lashes Out on Mainstream Media Over Bitcoin Attacks
El Salvador became the first country in the world to adopt Bitcoin as a legal tender. Fast forward to this year, the crisis worsened in the already battered crypto industry. But President Nayib Bukele...
Bandesal Bank in El Salvador Won’t Discuss BTC Activities
Bandesal – a traditional bank in the nation of El Salvador – is refusing to discuss with reporters how the country is spending its bitcoin funds. It will not provide any data regarding how the country...
El Salvador President Disses Bloomberg Over Bitcoin Criticisms
El Salvador President Nayib Bukele called a Bloomberg report on its bitcoin experiment “full of lies.” The crypto community largely seems to agree with him. El Salvador’s President Nayib Bukele lashed...
El Salvador and Switzerland Are Working to Boost Crypto Adoption
El Salvador in Central America is joining hands with the Swiss city of Lugano in the name of bitcoin. Both areas have vowed to push bitcoin education and adoption in their regions and see about implem...
The link between Bitcoin and El Salvador continues!
In a recent interview, Sam Bankman-Fried states that he has not built a backdoor to access FTX clients’ funds because he does not “know how to code.” We were almost becoming accustomed to silence from...
El Salvador Establishes National Bitcoin Office
ONBTC has created a Twitter account and has also stated that it will publish its first report on Bitcoin mining in EL Salvador. The government of El Salvador has announced the establishment of the fir...
Poll: Residents of El Salvador Aren’t Into BTC
According to a new survey, many residents of El Salvador consider the bitcoin experiment implemented by their country’s leaders a failure. El Salvador and Bitcoin… Will They Break Up? The poll was con...
El Salvador Announces Launch of National Bitcoin Office (ONBTC)
21 mins ago | 2 mins read Bitcoin News The new organization will be able to collaborate with counterparts in other nations. The agency will have complete autonomy to steer and advise local bitcoin pro...
El Salvador Launches a National Bitcoin Office (ONBTC)
El Salvador’s government doubled down on its crypto initiatives by creating a National Bitcoin Office (ONBTC) that will oversee all local projects related to the asset. The new agency will also be abl...
Why El Salvador Government Is Obsessed With Bitcoin-Baked Bonds
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El Salvador Isn’t Giving Up On Bitcoin
Nayib Bukele, the President of El Salvador, ordered the creation of the National Bitcoin Office, an agency to handle all things Bitcoin. El Salvador has become the global face of Bitcoin adoption. It ...
How much bitcoin does El Salvador have? Good luck getting an answer.
El Salvador is apparently buying a bitcoin a day. But we may never know if that’s true. In fact, since making the cryptocurrency legal tender last year, the country has failed to officially decl...
Should Argentina Offer Bitcoin Bonds to Follow El Salvador?
JAN3 CEO Samson Mow argues that Argentina should offer Bitcoin bonds and transition to using Bitcoin as a legal currency. Mow suggested that Argentine Bitcoin bonds could raise capital for another inc...
El Salvador Bukele’s administration proposed ‘Bitcoin bonds’
The idea for El Salvador’s ambitious “Bitcoin bonds” campaign, which was conceived at a period of falling prices in the cryptocurrency market, has already moved forward a significant...
El Salvador To Issue Bitcoin Bonds, Crypto Daily TV 24/11/2022
In Todays Headline TV CryptoDaily News: Crypto mining firm Foundry buys some of Compute North’s assets. Crypto mining and staking firm Foundry will buy two “turnkey” crypto mining as...
El Salvador: $1 Billion in Bitcoin Bonds
El Salvador’s proposed digital securities law opens the door to Bitcoin Volcano Bonds and their mission to raise $1 billion to fund government activities. El Salvador: digital securities bill opens t...
El Salvador tables bill for Bitcoin bonds project
The El Salvadoran Minister of the Economy has introduced a bill which will enable the Bukele government to raise $1 billion in order to build out its proposed Bitcoin city. Bitcoin bonds The Bitcoin b...
El Salvador Drafting New Digital Asset Issuance Law
6 hours ago | 2 mins read Bitcoin News The new law would make it easier to do business with any cryptocurrency. A document posted on the El Salvadoran National Assembly’s website reveals details. In s...
El Salvador inches closer towards controversial Bitcoin bonds – crypto.news
El Salvador is moving forward with plans to sell bitcoin-backed bonds, as evidenced by the national assembly’s consideration of a draft law to govern digital assets. Bitcoin bonds plan still in play M...
Beyond Bitcoin – El Salvador Wants to Create a Legal Framework for All Crypto Assets
The government of El Salvador presented a bill that could set comprehensive rules on the local crypto sector and regulate the operations of all digital asset providers in the country. The ruling body ...
El Salvador to soon issue Bitcoin-backed bonds- Here’s everything you need to know
El Salvador’s Minister of the Economy Maria Luisa Hayem Brevé presented a digital assets issuance bill in the legislative assembly, in order to launch Bitcoin-backed bonds. The plan was announced in N...
El Salvador ready to launch Bitcoin Volcano Bonds
Yesterday, El Salvador’s Economy Minister María Luisa Hayem Brevé sent a request to Parliament for the creation of a Bitcoin fund administration agency. This was reported by local newspaper ElSalvado...
Crypto Paradise? El Salvador Preps New Law To Pave Way for All Crypto
El Salvador is doubling down on its bet on cryptocurrencies even in the midst of a bear market. The first country to declare Bitcoin as legal tender is now working on a Digital Asset Issuance Law, whi...
El Salvador Proposes Digital Securities Bill, Paves Way for Bitcoin Bonds
The bill, presented by the country’s Minister of Economy, Maria Luisa Hayem Breve, to the Legislative Assembly of El Salvador. The bill seeks to establish a National Digital Assets Commission th...