City Bitcoin Financial News

03.06 / 05:31

South America bonds Bitcoin rights Bitcoin bond still on hold, El Salvador accused of human rights violations

El Salvador’s finance minister Alejandro Zelaya has said the country will further delay launching its anticipated billion dollar Bitcoin (BTC) bond citing price volatility and uncertain market conditions resulting from the ongoing Russo-Ukrainian war.

17.05 / 16:15

business education Bitcoin Madeira ‘embraces’ Bitcoin and how the president met Michael Saylor

The tiny Portuguese island of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement made during the Bitcoin Miami Conference in 2022 has spurned confusion and misinformation.

10.05 / 11:09

Adoption Bitcoin Bukele Warning Bukele Showcases Bitcoin City Plans and ‘Buys the BTC Dip’ Amid Stark Warning

After weeks of silence on all things bitcoin (BTC)-related, El Salvador’s outspoken President Nayib Bukele has taken to Twitter to announce that his government has bought USD 15.4m worth of BTC – and to showcase plans for Bitcoin City. However, voices of opposition are continuing to issue warnings, with a former chief of the central bank hitting out at Bukele’s plans to fund the city’s construction with a bitcoin bond issuance.

06.05 / 00:01

Government regulation Central Bank services El Salvador’s central bank accepts Qredo's registration to provide crypto services

Decentralized finance firm Qredo has received approval for registration as a Bitcoin (BTC) service provider in El Salvador.

27.04 / 19:39

Law regulation Africa Bitcoin Central African Republic will adopt Bitcoin as legal tender: Report

The roughly five million residents of the Central African Republic, or CAR, will now reportedly be able to use Bitcoin in addition to the country's franc as legal tender.

20.04 / 11:23

IMF Bitcoin Deal Bukele IMF Deal ‘Dead’ and So Is Bitcoin Bond Issuance, Claim Bukele Critics

The former Governor of the Salvadoran central bank, the Central Reserve Bank, claims that negotiations with the International Monetary Fund (IMF) are “practically dead” – and says investors are “not interested” in the delayed bitcoin (BTC) bonds issuance President Nayib Bukele wants to use to pay for his Bitcoin City project.

09.04 / 00:35

business Bitcoin bitcoin beach 60 Minutes feature on El Salvador's Bitcoin Beach will air Sunday

60 Minutes, the CBS news show that has been running since 1968, will feature El Salvador’s Bitcoin Beach in a new episode airing April 10.

07.04 / 19:47

cryptocurrency Digital Bitcoin Deal Bitcoin entrepreneur Mow creates new company, inks El Salvador deal

Bitcoin entrepreneur Samson Mow on Thursday said he has created a new company called Jan3 focused on promoting bitcoin adoption, adding that the firm has signed a memorandum of understanding to develop digital infrastructure in El Salvador.

06.04 / 03:11

Adoption Crime Bitcoin Bukele Returns Bukele Returns to Miami Bitcoin Conference as Gangland Crackdown Takes Gruesome Turn

International bitcoiners will be turning their eyes to El Salvador again this week – but some are concerned that government’s aggressive recent crackdown on gang crime could undermine its standing in the bitcoin (BTC) community.

24.03 / 01:49

Latin America Central Bank Bitcoin NOT Bitcoin is 'not regulated' — Honduras' central bank pushes back against legal tender rumors

The Central Bank of Honduras, or BCH, addressed rumors regarding the country potentially adopting Bitcoin as legal tender like its neighbor El Salvador — and the answer seems to be negative.

21.03 / 17:09

regulation bonds Bitcoin El Salvador seems to delay its ‘volcano bonds’ launch

Considering the absence of any official announcements, El Salvador’s government seems to have delayed the launch date of the so-called “volcano bonds.” Earlier, Salvadoran Finance Minister Alejandro Zelaya had been reassuring the public that the project would start by March 20.

19.03 / 00:37

Latin America bonds Bitcoin businesses 14% of Salvadoran businesses have transacted in BTC: Chamber of Commerce

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.

14.03 / 15:23

Adoption Ukraine war Bitcoin Ukraine War Throws Timing of El Salvador’s Bitcoin Bond Debut into Doubt

El Salvador may launch its sovereign bitcoin (BTC) bonds as early as tomorrow – but the war in Ukraine may cause disruption to the plans of the President Nayib Bukele-led government.

09.03 / 04:27

Adoption Tax Bitcoin Bukele El Salvador's Bukele Says 52 Bitcoin Reforms Are ‘In the Oven', Critics Hit Out at Lack of Adoption Benefits

On the six-month anniversary of El Salvador’s adoption of bitcoin (BTC) as legal tender, President Nayib Bukele stated that he will unveil 10 new BTC-specific legal reforms next week – with over 40 more to come.

07.03 / 13:27

cryptocurrency IMF Bitcoin Bitcoin gains hospital This country has opened a pet hospital fully funded by Bitcoin gains

El Salvador recently opened a pet hospital that was built using gains Bitcoin operations. The central American nation became the first in the world to authorise the cryptocurrency as legal tender in September 2021.

07.03 / 06:59

Tether Token Bitcoin Lugano makes Bitcoin, Tether and LVGA token legal tender

Lugano plans to make Bitcoin, Tether and the city’s own LVGA token legal tender. The city has formed a partnership with stablecoin issuer Tether. The move will allow citizens and companies to use cryptocurrencies to pay their annual taxes, parking tickets, public services and student tuition fees. The move goes beyond the actions of a number of other Swiss localities that for some time have been accepting crypto for tax payments.

03.03 / 21:01

Stablecoin Adoption Tether Bitcoin Swiss Swiss City of Lugano Makes Bitcoin, Tether ‘De Facto Legal Tender’

Bitcoin (BTC) and tether (USDT) will become “de facto legal tender” in the southern Swiss city of Lugano, as the city partners with Tether to become the “Bitcoin Capital of Europe,” Tether’s Chief Technology Officer (CTO) Paolo Ardoino said during an event hosted with Lugano city officials on Thursday.

21.02 / 15:37

Adoption regulation Bitcoin foreign Pro-Bitcoin president of El Salvador to offer citizenship for foreign investors

El Salvador President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation.

15.02 / 15:17

Society Bitcoin Bitcoin City: The Bizarre History of Libertarian Attempts to Create Independent Cities

Harry Hobbs, Senior Lecturer, the University of Technology Sydney. _____

27.01 / 18:03

Blockchain Adoption Bitcoin Around El Salvador in 45 days: A Bitcoin-only travel story

El Salvador adopted Bitcoin (BTC) as legal tender over four months ago on Sept. 7, 2021. Bitcoiners around the world have been watching with intent as the president of El Salvador, Nayib Bukele, attempts to “orange-pill” an entire nation.

27.01 / 01:23

Adoption IMF Bitcoin Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises

The International Monetary Fund (IMF) has told El Salvador to water down the law enforced last year that made bitcoin (BTC) legal tender – and the country’s President Nayib Bukele has responded with a dismissive Twitter meme using footage from the TV show “The Simpsons.”

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