El Salvador Financial News
04.05 / 13:53
education
Donations
Lightning Network
Crowdfunding
lightning
Bitcoin
Bitcoin crowdfunding is Lightning: El Salvador school program hits 1 BTC in donations
There’s a beacon of light in the bear market tunnel. The El Salvador nonprofit program, “My First Bitcoin” (Mi Primer Bitcoin), raised over 1 Bitcoin (BTC) in donations-not from venture capitalists and investors–but from generous Bitcoin education advocates worldwide.
02.05 / 10:31
28.04 / 15:11
Where crypto can grow: Digital asset regulations around the world
As cryptocurrencies continue to become a bigger part of the global economy, more and more governments are exploring ways to regulate the industry and construct rules for firms operating in the space.
25.04 / 10:37
22.04 / 16:07
business
Gemini
Derivatives
Winklevoss Twins
Gemini to launch derivatives platform outside the United States
United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country.
12.04 / 15:49
Twitter
Bitfinex
TRON
Bitcoin
fraud case
Warning
Today in Crypto: Ex-investment Banker Charged in a Crypto Fraud Case, Binance.US to Delist Tron, Spain to Send 328,000 Tax Warning Notices to Crypto Holders
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
12.04 / 13:27
Bitfinex
El Salvador Issues Historic First Digital Asset License to Bitfinex Crypto Exchange – Here's What You Need to Know
With the aim to further boost the crypto-friendly nation’s exposure to cryptocurrencies, El Salvador has handed its first digital asset license to Bitfinex. The latest move by the country’s regulator National Digital Asset Commission (NDAC) makes the exchange the first international digital asset platform to obtain approval under El Salvador’s Digital Assets Issuance Law.
11.04 / 22:19
Provident
BTC
Digital
Bitfinex
Platform
Bitcoin
Bitfinex Securities El Salvador receives Digital Asset Service provider license in El Salvador
Digital asset exchange “Bitfinex Securities El Salvador” has received a digital asset service provider license under El Salvador's new Digital Assets Issuance Law, which was passed by El Salvador's National Congress in January 2023, with the goal of fostering increased financial innovation and growth in the Central American country.
11.04 / 08:09
business
regulation
Investments
G20
global crypto community
AIM
global framework
Framework
G20 countries aim to develop global framework against crypto-related risks
The G20 — an intergovernmental forum comprising 19 countries and the European Union — has planned to develop a common framework for helping all countries deal with risks associated with cryptocurrency investments.
10.04 / 13:09
Lightning Network
lightning
Nodes
Self Custody
network
bitcoin lightning
The state of the Bitcoin Lightning Network in 2023
The Lightning Network, a layer-2 payment solution built on top of the Bitcoin blockchain, is six years old.
06.04 / 15:59
01.04 / 06:33
Adoption
Latin America
Taxes
Tax reduction
Bitcoin
El Salvador removes all taxes related to tech innovation for economic growth
El Salvador, the first country to establish Bitcoin (BTC) as a legal tender, made another historic decision to eliminate all taxes on technology innovations. The move runs parallel to the establishment of the National Bitcoin Office (ONBTC) of El Salvador, a.k.a. the Bitcoin office.
23.03 / 13:51
Blockchain
Citi
Digital
Bitfinex
Platform
Bitcoin
Bitfinex CTO Says El Salvador’s Bitcoin Bonds Will Launch This Summer – But There’s a Twist
The Chief Technical Officer of the Bitfinex crypto exchange has claimed that El Salvador’s long-awaited Bitcoin (BTC) bonds will launch this year “around June to September.” But the bonds, he explained, may not be bonds after all. Instead, the issuance could take the form of digital securities.
16.03 / 14:13
09.03 / 17:15
Blockchain
Technology
Ethereum
Stablecoin
Adoption
community
Bitcoin
Blockchain Adoption
5 countries leading the blockchain adoption
Countries lead blockchain adoption for various reasons, including recognizing its potential to transform multiple sectors of the economy, promoting innovation and economic growth, and creating a favorable regulatory environment to attract blockchain businesses.
08.03 / 17:09
Ethereum
Citi
BTC
Platform
Real Estate
Southern
Spain Leading the Way in Crypto-powered Real Estate Sales Sector – Report
Spain has become the center of gravity for the fledgling crypto-powered real estate sector, a new study has found.
06.03 / 17:15
Adoption
Bitcoin Regulation
IMF
Fiat Money
Bitcoin
Bitcoin Price
Is the IMF shutting the door prematurely on Bitcoin as legal tender?
There’s been little sunlight this crypto winter, so it may seem odd to present the “Bitcoin as legal tender” argument again. That is, will or should any country — other than El Salvador and the Central African Republic (CAR), which have already done so — declare Bitcoin (BTC) an official national currency?
02.03 / 17:33
Provident
BTC
Bitcoin
Crypto Accounts for Less Than 2% of El Salvador’s Remittances – Has BTC Adoption Plan ‘Failed?’
Crypto accounts for less than 2% of all of the remittances made to El Salvador, new government figures show. And critics say this is proof that the nation’s Bitcoin (BTC) adoption plan has failed.
28.02 / 11:15
Altcoin
Software
ATM
CoinATMRadar
Bitcoin
Costs
Bitcoin Depot converts BTC ATMs to software to reduce operating costs
Crypto ATM installations have seen a steady decline across the world over the past several months. While some ATMs have been taken out of operation due to geopolitical tensions and revenue decline, some providers like Bitcoin Depot have started converting their physical Bitcoin (BTC) ATMs to software.
25.02 / 00:11
Ethereum
BTC
Lowe's
Digital
NASDAQ
Bitcoin
Bitcoin Price Prediction As BTC Consolidates at $23,800 – Here’s Where BTC Is Headed Now
Bitcoin's price has been consolidating at around $23,800, leaving traders and investors wondering where it is headed next. As the market continues to stabilize, analysts and experts are making predictions about what the future holds for Bitcoin's price.
24.02 / 16:07
regulation
IMF
Bitcoin
IMF says no crypto as legal tender; community disagrees
The International Monetary Fund (IMF) recently made another anti-crypto move, expressing its opposition to crypto becoming a legal tender. In response to this, members of the crypto community were quick to fire back, going on Twitter to express disagreement.
latest developments in El Salvador
What is the current situation in El Salvador?
In El Salvador, the spotlight is on local government initiatives that impact the interests of residents.
Where can I find reliable news about El Salvador?
We publish in-depth coverage about the situation in El Salvador, based on information from regional journalists.
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The news landscape of El Salvador is shaped by major cultural and social events, reflecting its unique context.
