In order to accept a $1.4 billion loan from the IMF, El Salvador had to change some of its cryptocurrency laws.
El Salvador’s attempt to embrace Bitcoin (CRYPTO: BTC) as legal tender has conclusively proven that the cryptocurrency is not ...
Berlín, a city of 20,000 people, is home to El Salvador’s second Bitcoin circular economy. “Bitcoin City already exists. It’s ...
Bitcoin may no longer be legal tender in El Salvador, but Bitcoiners in the country haven't given up on the mission.
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this ...
Recently, officials in the Central American country of El Salvador approved amendments to its controversial Bitcoin law in order ... in the crypto e-wallet (Chivo) will be gradually unwound.
Central American countries will also gradually scale back their partnership with Chivo, the Bitcoin e-wallet El Salvador launched in 2021. The plan is to either privatize or shutter Chivo.
El Salvador bought 5 more BTC in the last 24 hours, bringing its total Bitcoin holdings to roughly 6055 BTC, valued at $618.9 million. The country continues to increase its holdings even though only ...
El Salvador appears to be sticking to its now-popular Bitcoin strategy and has “bought the dip” yet again. On Tuesday, February 4, the Central American country took advantage of a declining crypto ...
Accordingly, El Salvador's government is to reduce ... citizens alternatives for transactions in Bitcoin, which enabled the creation of the Chivo Wallet electronic wallet. The reform was adopted ...
Despite policy changes, El Salvador remains committed to Bitcoin through continued investments and new crypto initiatives.