El Salvador Financial News
26.09 / 09:39
business
Technology
World
Bitcoin
NOT
Tips to find the next big crypto initiative and not get conned
The acceptance rate for cryptocurrencies is at an all-time high and the markets are expanding globally. This brings both opportunity and vulnerability. El Salvador and other nations have begun to accept Bitcoin as legal tender and other nations are seeking to regulate virtual currencies. There is a lot of speculation over regulation of cryptocurrency because its future vis-a-vis governments is uncertain.
24.09 / 08:47
Adoption
data
Launch
Bitcoin
Bitcoin was almost named Netcoin by Satoshi Nakamoto, hints domain data
Coming up with a good name is often one of the most challenging decisions one needs to make when launching a new service or business. Historical data of domain name purchases suggest that Satoshi Nakamoto, the creator of Bitcoin (BTC), had an alternate naming option in mind that did not make it to the whitepaper.
23.09 / 16:09
Government
Law
Adoption
Bitcoin
tracking
El Salvador's Bitcoin decision: Tracking adoption a year later
El Salvador, the small Central American nation that made history just over a year ago when it made Bitcoin (BTC), recently marked its first year of BTC adoption.
16.09 / 18:13
16.09 / 14:15
Adoption
Bitcoin
Bukele
El Salvador's pro-Bitcoin president Nayib Bukele announces reelection bid
In an Independence Day live streaming event on Sept. 15, El Salvador President Nayib Bukele announced his bid for reelection after his current term ends in 2024.
15.09 / 11:15
cryptocurrency
El Salvador was the 1st nation to make Bitcoin legal tender. It was a spectacular failure
In 2021, El Salvador made Bitcoin legal tender and became the first country in the world to do so. Its President Nayib Bukele is a cryptocurrency enthusiast and had said that Bitcoin would attract foreign investment, create jobs, and help “push humanity at least a tiny bit into the right direction”.
13.09 / 19:01
UPS
Provident
Citizens
Bitcoin
Dips be damned, El Salvador is stronger because of Bitcoin
Since El Salvador adopted Bitcoin (BTC) as legal tender in September 2021, there have been a number of quick judgments issued declaring this move a failure, with some pundits going as far as to suggest that Bitcoin is somehow responsible for the economic challenges that existed in El Salvador well before Bitcoin was even created. But the traditional financial experts, talking heads and even representatives from the International Monetary Fund (IMF) espousing this point of view are missing the point entirely.
08.09 / 14:29
cryptocurrency
A Year On, El Salvador's Bitcoin Experiment Is Stumbling
El Salvador adopted bitcoin close to $47,000, a year later, it is worth less than half
08.09 / 13:51
Adoption
Bitcoin
Bukele
El Salvador Leader Bukele Calm As Media Label ‘Bitcoin Experiment’ a ‘Failure’
The mainstream media in El Salvador has torn into into President Nayib Bukele for his perceived silence over the one-year anniversary of bitcoin (BTC) adoption, with multiple outlets and organizations calling the move a “failure.”
07.09 / 20:35
BTC
Bitcoin
Bukele
El Salvador: One year of BTC legal tender, here’s how Bukele fared
Exactly one year ago on 7 September, El Salvador President Nayib Bukele laid out a vision for his people. A vision to revolutionize his country’s economy and reimagine foreign remittances by leveraging the power of Bitcoin [BTC].
07.09 / 19:39
Citi
Reuters
Digital
Why El Salvador's Bitcoin experiment is stumbling one year on
A year after El Salvador adopted Bitcoin as legal tender, the area where the world's first cryptocurrency city was meant to be built - a circular metropolis powered by a volcano - is still dense jungle.
07.09 / 14:53
Adoption
regulation
Bitcoin
El Salvador celebrates Bitcoin anniversary: A year of ups and downs
Sept. 7, 2022 marks exactly one year since El Salvador became the first country in the world to adopt Bitcoin (BTC) as legal tender by enforcing the Bitcoin Law.
07.09 / 11:51
Adoption
Bitcoin
Getting hitched, Satoshi style: a Bitcoin-themed wedding in Lebanon
A Bitcoin (BTC) evangelist in Lebanon took their love for Bitcoin to the next level. Said Nassar, an international business engineer, themed his wedding day around Satoshi Nakamoto’s innovation, Bitcoin.
06.09 / 11:59
Government
Adoption
Bitcoin
foreign
Australian
Australian Treasury consults public on Bitcoin foreign currency tax exclusion
Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if passed.
02.09 / 16:23
Adoption
Europe
proof-of-work
Bitcoin
Armenia aims to position itself as a Bitcoin mining hub
At the end of August, a digital platform called ECOS Free Economic Zone delivered good news from a country that rarely sparks on the global crypto map — Armenia. ECOS reported adding 60 megawatts (MW) of capacity to its power plant-based facility, operating since 2018.
02.09 / 13:23
Tether
Bitfinex
El Salvador Bitcoin bond delayed due to security concerns: Tether CTO
El Salvador, the Central American nation that adopted Bitcoin (BTC) as a legal tender in September last year, has delayed the launch of its billion-dollar Bitcoin bond again.
31.08 / 18:09
Adoption
Investments
Trading
Bitcoin
inequality
How cryptocurrency could help tackle global income inequality
Over the past few decades, the inequality of wealth distribution globally has become all the starker.
31.08 / 13:31
Adoption
Bitcoin
Time
Bitcoin is for those in need, the rest need time to learn: Surfin Bitcoin Panel
Bitcoin (BTC) is there for those that need it most; the rest may need time to learn. This message reverberated around the casino conference hall during a panel at Surfin Bitcoin, a Bitcoin-only conference in Biarritz, France, on Aug 26.
31.08 / 12:13
Blockchain
Citi
Tether
Bitcoin
Stella Assange and Farida Bemba Nabourema to Join Line-up of Speakers at Plan ₿ Forum in Lugano on October 28th and 29th
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
25.08 / 21:57
Blockchain
UPS
Digital
Bitcoin
Bitcoin ban: These are the countries where crypto is restricted or illegal
Bitcoin has been controversial since its beginning in 2009, as have the subsequent cryptocurrencies that followed in its wake.
17.08 / 10:03
Blockchain
Adoption
Binance
Web3 Developers
BNB Chain aims to raise 30K new Web3 developers across Latin America in 2022
BNB Chain, a blockchain network created by crypto exchange Binance, and Latin America-focused education platform Platzi announced that they will be launching a Web3 development course for the region.
latest developments in El Salvador
What is the current situation in El Salvador?
In El Salvador, the spotlight is on major events that affect the region’s daily life.
Where can I find reliable news about El Salvador?
We publish reliable reports about the situation in El Salvador, based on information from official representatives.
What shapes the media agenda in El Salvador?
The news landscape of El Salvador is shaped by major cultural and social events, reflecting its local way of life.
