Browsing Tag
U.S. Senators Introduce Legislation To Probe El Salvador's Bitcoin Adoption
Senators Introduce Legislation to Probe El Salvador's Bitcoin Adoption A group of United States Senators recently proposed a bill that requires a report on El Salvador's decision to make Bitcoin (BTC) legal tender. However, the President of the Central American country responded to the legislation...
February 21, 2022
The Crypto Village. Cities Where Crypto Is Hot!
Edgy leaders are all-in on the positive force that is cryptocurrency. They use crypto to drive business, generate excitement, and take payment, even in the form of their paychecks. Leaders such as Mayor Suarez of Miami, Florida, Mayor Adams of New York City, and President...
February 10, 2022
IMF Wants El Salvador To Drop Bitcoin As Legal Tender, But Likes Chivo Wallet
El Salvador adopted BTC as legal tender in September of 2021. A communique issued by the Executive Board of the IMF contained the suggestion. It follows an annual report on El Salvador prepared by an IMF team that visited the country to conduct bilateral talks...
February 8, 2022
El Salvador Legalizes Bitcoin, Becomes a Haven for Crypto Start-ups
Bitcoin to become legal tender - but not compulsory According to El Salvador's President Nayib Bukele, using BTC will be optional for citizens. The vendors, though, will have to accept the coin alongside the US dollar, which has been the state currency here since 2001....
July 14, 2021
El Salvador: Bitcoin as Legal Tender
Separating Fact from FUD Usually when a press release detailing “Pro-Crypto Government Body Proposes Bitcoin Legislation”, the media reacts just like a bunch of bedroom investors, spouting the usual sentiments of “BTC to the moon”, “the dollar is dead”, “RIP gold standard”, and so on....
July 12, 2021