El Salvador Financial News

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.

17.03 / 23:05

economics BitMEX Bitcoin Reserve end Freezing Russian Reserve Assets Marks End of Monetary Regime; Gold, Bitcoin to Rise – Arthur Hayes

The world’s current monetary regime effectively ended with the freezing of Russian foreign reserves by Western governments on February 26. In the new era, central banks will no longer save reserves in Western fiat currencies -- instead, turning to gold and bitcoin (BTC) as their preferred reserve assets, according to former BitMEX CEO Arthur Hayes.

17.03 / 18:17

business Conference education Bitcoin 500 Paxful partners with Miami mayor to give away 500 tickets to Bitcoin 2022 conference

Digital payment platform Paxful has partnered with nonprofit organization Built With Bitcoin Foundation and Miami Mayor Francis Suarez to advance a new education initiative centered around Bitcoin (BTC) and financial literacy.

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.

12.03 / 17:35

Adoption education crimes Bitcoin reputation In defense of crypto: Why digital currencies deserve a better reputation

Ever since its inception and throughout its turbulent journey toward mainstream acceptance, crypto has elicited both enthusiasm and trepidation in equal measure. After the unfair battering it has received over the years, the time has come to defend digital currencies.

09.03 / 14:59

Digital CBDCs Bitcoin Executive US President executive order US President To Sign Executive Order For A 'Digital Dollar', Says White House

US president to sign executive order for a 'Digital Dollar', says White House

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.

06.03 / 16:01

cryptocurrency Citi cryptocurrency news Bitcoin Swiss Cryptocurrency To Be Accepted As Currency In Swiss City Of Lugano

Lugano, a city in Switzerland, is adopting cryptocurrency as a means for payment of taxes

06.03 / 11:17

cryptocurrency Citi cryptocurrency news Bitcoin Swiss Swiss City Of Lugano To Recognise Cryptocurrencies As Legal Tender

Lugano, a city in Switzerland, is adopting cryptocurrency as a means for payment of taxes

04.03 / 04:21

cryptocurrency Adoption Bitcoin Spanish Telecom Behemoth Telefónica Weighs up Crypto Pay Options

The Spanish telecoms giant Telefónica is mulling accepting crypto pay for “some of its services” – although it claims that its crypto projects pertaining to payments are still in the planning stage.

04.03 / 01:03

regulation Tether Bitcoin The city of Lugano will accept Bitcoin, Tether and LVGA token as 'de facto' legal tender

Switzerland’s southern city of Lugano plans for many local businesses to accept some cryptocurrencies as ‘de facto’ legal tender as part of a partnership with Tether.

01.03 / 22:39

business Adoption Blockstream Samson Mow leaves Blockstream, plans to focus on ‘nation-state Bitcoin adoption’

Blockstream chief strategy officer Samson Mow has announced he will be leaving the blockchain firm after five years.

01.03 / 12:35

business Adoption ATM Bitcoin Bitcoin ATM installations slow down in early 2022, making a first in history

Over the last six months, Bitcoin (BTC) recorded numerous milestones — El Salvador’s mainstream adoption, a new all-time high of $69,000 and a stronger-than-ever network hash rate. However, for the first time in history, global Bitcoin ATM installations in the first two months have slowed down when compared to the preceding year.

01.03 / 04:23

Bukele El Salvador's President Bukele Silent on Ukraine War

Media outlets in El Salvador have hit out at President Nayib Bukele and his government over the perceived “silence” on the matter of Russia’s invasion of Ukraine.

28.02 / 14:55

business Payments VISA South America businesses Tribal partners with Visa to expand credit options for businesses

Crypto-focused enterprise payment platform Tribal Credit has partnered with Visa to expand credit and financing options for small- and medium-sized enterprises across Latin America, highlighting the growing synergies between traditional payment providers and the blockchain industry.

28.02 / 14:25

business Blockchain Africa Bitcoin One man's plan to orange pill a nation: Bitcoin Senegal

Nourou is a 29 year old Bitcoiner with a vision for his home country. A former financial analyst for a French Bank, he founded Bitcoin Senegal in late 2021.

28.02 / 14:11

cryptocurrency World News Ukraine raises $13 million in crypto after crowdfunding appeal

Ukraine's government has raised cryptocurrency worth almost $13 million after posting appeals on social media for donations of bitcoin and other digital tokens, data from blockchain analysis firm Elliptic showed on Monday.

28.02 / 13:13

coinbase Strategy WSJ Bitcoin Crypto Saw Increase in Professional Investors at Record Rates: WSJ

The crypto industry saw an increase in professional investors at record rates, the Wall Street Journal reported.

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