A minister from El Salvador’s Labor and Social Welfare department clarified that it is outside his purview to state whether salaries can be paid in […]
Tag: Bit Coin
El Salvador Mines First BTC Using Volcano Energy
President Nayib Bukele announced that El Salvador has mined a small proportion of its first bitcoin for the first time since officially adopting the cryptocurrency […]
El Salvador Could Set Precedent for Bitcoin Remittance Payments
By adopting Bitcoin as legal tender, El Salvador is setting an example that could be followed by other Central American countries. (adsbygoogle = window.adsbygoogle || […]
El Salvador celebrates Black Friday, buys 100 BTC for 20% off
With the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset’s drop to the $54,000s. […]
El Salvador buys the dip as Bitcoin Law goes live, 101 Bored Ape NFTs sold for $24M, Ukraine passes crypto legislation: Hodler’s Digest, Sept. 5-11
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and […]
El Salvador buys a smokin’ hot 420 more Bitcoin
The President of El Salvador, Nayib Bukele tweeted earlier today that his government has taken advantage of the recent Bitcoin price drop and added 420 […]
El Salvador Buys 100 More Bitcoins Amid Crypto Sell-Offs and New Covid-19 Variant Scare
As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more […]
El Salvador Bitcoin Wallet to Be Released on Sept 7: Nayib Bukele
El Salvador President Nayib Bukele announced on Twitter that the Chivo bitcoin wallet would launch on Sept 7 and that BTC use would not be […]
El Salvador Bitcoin City: ‘Absurd Political Stunt by a Delusional Dictator’, Says Steve Hanke
Steve Hanke has criticized plans by El Salvador to build a Bitcoin city, calling the initiative an “absurd political stunt by a delusional dictator.” El […]
El Salvador Bitcoin Adoption Could Create Credit Issues For Insurers
The big move to adopt bitcoin as legal tender in El Salvador could have some unforeseen consequences for insurers according to Fitch Ratings. (adsbygoogle = […]