El Salvador Financial News
24.02 / 01:01
regulation
IMF
Framework
Crypto Policy
IMF exec board endorses crypto policy framework, including no crypto as legal tender
The executive board of the International Monetary Fund (IMF) has assessed a paper on crypto asset policy published by the fund and expressed its agreement with its proposed policy framework. The paper, titled “Elements of Effective Policies for Crypto Assets,” developed a framework of nine policy principles that addressed macrofinancial, legal and regulatory, and international coordination issues.
20.02 / 10:11
Blockchain
Citi
Twitter
Digital
Cooper
Strategy
Bitcoin
El Salvador is Opening a Bitcoin Embassy in the United States
The nation of El Salvador is creating a «Bitcoin Embassy» in the United States, making it the first government in the world to do so. Bitcoin (BTC) is the most popular cryptocurrency in the world.
16.02 / 17:07
El Salvador to establish ‘Bitcoin Embassy’ in Texas
El Salvador is planning to open a “Bitcoin [BTC] embassy” in Texas, El Salvador’s ambassador to the United States, Milena Mayorga, tweeted on 14 February. This news came after a similar venture in Switzerland to encourage the use of cryptocurrencies in 2022.
16.02 / 01:39
UPS
BTC
Digital
Booking
Bitcoin
Bitcoin Price Prediction as BTC Spikes Up Above $22,000 – Here's Where It's Headed Now
Bitcoin, the world's largest cryptocurrency by market capitalization, has recently surpassed the $22,000 price level, which has reignited discussions about the digital asset's future prospects.
15.02 / 21:03
Blockchain
Ethereum
Ripple
XRP
Charity
Survey
Bitcoin
Today in Crypto: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election Donations in Crypto to $100
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
15.02 / 21:03
Payments
Bitcoin Payments
YouTube
Bitcoin
Paying the way for Bitcoin adoption in El Salvador: Video
The Bitcoin (BTC) white paper title describes Bitcoin as a “peer-to-peer electronic cash system.” So how is Bitcoin being used as a means of exchange, or electronic cash, in the first country to adopt Bitcoin?
15.02 / 15:43
Government
Adoption
Bitcoin
open
El Salvador to open a ‘Bitcoin Embassy’ in the United States
The world’s biggest cryptocurrency, Bitcoin (BTC), is connecting more countries as the government of El Salvador is opening a “Bitcoin Embassy” in the United States.
15.02 / 13:53
Adoption
IMF
Bitcoin
IMF wants El Salvador to reconsider Bitcoin exposure: Community reaction
After a visit to El Salvador, the International Monetary Fund (IMF) suggested that the country reconsider its plans to increase exposure to Bitcoin (BTC). The community responded to the IMF’s suggestion with various messages calling out to the organization.
14.02 / 17:45
Blockchain
UPS
Adoption
CEO
Discover
Cointelegraph
Profiles
Cointelegraph’s Top 100 reaches halfway point, with profiles 51–60 revealed
The latest installment of Cointelegraph’s Top 100 is live, with positions 51–60 now revealed to the public. Each year, Cointelegraph crafts a list of the top 100 figures in the crypto industry, with its staff casting votes on which to include. Each member of the Top 100 gets their own profile explaining why they were included. The first 10 entries, profiles 90–100, were unveiled on Feb. 8. An additional 10 profiles have been released each weekday since, leading up to the forthcoming unveiling of the top spot.
14.02 / 16:45
business
CBDC
Bank of England
Bitcoin Community
UK think tank launches a crusade against 'surveillance' CBDCs
The U.K. Tax Reform Council has launched a campaign against the Bank of England's plan to introduce a central bank digital currency (CBDC). The non-profit organization warns that such a move could seriously harm individual privacy and lead to intrusive changes to the taxation system.
14.02 / 00:53
UPS
BTC
Lowe's
Digital
Bitcoin
Bitcoin Price Prediction as BTC Forms First-Ever "Death Cross" – Should the Crypto Industry be Concerned?
On February 13, BTC/USD started trading at $21,796. It is now trading at $21,504, down nearly 2% over the previous 24 hours. BTC/USD has moved between a high of $21,902.00 and a low of $21,444.00 and lost 6% in value over the past week ending on February 12th
13.02 / 19:22
12.02 / 06:25
Law
Adoption
regulation
economy
IMF
El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, suggests IMF
El Salvador has been advised to exercise caution in expanding government exposure to Bitcoin (BTC) due to the “speculative nature” of crypto markets by the global monetary watchdog.
04.02 / 13:29
Adoption
Asia
Central Bank
legislation
Bitcoin
Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch
On a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender to fight against the corruption that contributed to hyperinflation in the island country. However, a key Sri Lankan authority — central bank Governor Nandalal Weerasinghe — believed doing so would worsen the country’s economic situation.
01.02 / 16:45
education
Bitcoin Community
Bitcoin
Gangsters, cats and Bitcoin: 9-year-old Henry takes BTC to the classroom
A nine-year-old boy's efforts show that Bitcoin (BTC) is for everyone and Bitcoin education is for all ages.
30.01 / 14:10
Art
Adoption
Latin America
Bitcoin Payments
Bitcoin
Time
Bitcoin adoption of Guatemalan merchants grows one BTC tattoo at a time
Bitcoin (BTC) use in Guatemala is on the up. The Latin American country that borders El Salvador boasts Guatemalan-grown Bitcoin companies such as Ibex and Osmo, several Bitcoin Beach-inspired projects including Bitcoin Lake, and now, free BTC tattoos.
27.01 / 13:05
regulation
Bitcoin
State senator pushes bill to make Bitcoin legal tender in Arizona
Wendy Rogers, an Arizona state senator in the United States, has launched bills concerning cryptocurrency, including one that aims to make Bitcoin (BTC) legal tender in Arizona.
25.01 / 16:29
business
CBDC
UK government
Bitcoin Community
Bitcoin
UK Bitcoin community reacts to incoming CBDC and digital pound rollout
The UK Government's economic and finance ministry, HM Treasury, is recruiting for a Head of central bank digital currency (CBDC) to lead the development of a digital pound. The work is described as "Important, complex, and cross-cutting" and will "require extensive engagement across and beyond the HM Treasury."
25.01 / 13:17
Adoption
ATM
CoinATMRadar
Australia ranks 3rd in crypto ATM installations after US and Canada
Despite the bear market and the record-low dynamics of new Bitcoin ATM installations around the world, Australia breaks into the top three nations globally by the number of crypto ATMs. It was only in the first days of January when the Aussies got to the fourth spot — since that time they installed 16 more machines.
24.01 / 09:43
14.01 / 01:03
UPS
Ethereum
ETH
Bitcoin
Bitcoin and Ethereum Price Explosion Leads Crypto Market Higher - Here’s the Coins to Buy Now
Bitcoin, the world's largest and most popular digital currency, has increased by 4% in the last 24 hours and by more than 15% in the last seven days. Ethereum, the second most valuable currency, is up 14% in a week to $1,420.
latest developments in El Salvador
What is the current situation in El Salvador?
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