Bitfinex to donate over $1 million to small businesses in El Salvador
Bitfinex will donate 36 BTC (about $0.7 million) and 600,000 USDT to help small businesses and communities in El Salvador.News and topics related to El Salvador.
Bitfinex to donate over $1 million to small businesses in El Salvador
Bitfinex will donate 36 BTC (about $0.7 million) and 600,000 USDT to help small businesses and communities in El Salvador.
El Salvador buys 80 BTC as Bitcoin price slides
On Thursday, June 30, the Salvadoran government purchased an additional 80 BTC for a total of $1.52 million. This was announced by President Nayib Bukele.
El Salvador’s president tells investors not to worry about bitcoin price drop
El Salvador's President Nayib Bukele urged bitcoin investors not to worry about the price of the leading cryptocurrency. He said that investments in digital gold will grow immensely after the bear market ends.
El Salvador’s unrealized loss from Bitcoin reserves hits $46 million as Bitcoin falls
The 'paper' loss from El Salvador's holdings of Bitcoin in the state fund exceeded $46.1 million, according to Buy Bitcoin Worldwide.
El Salvador says it is not ready to issue Bitcoin bonds in the near term
Conditions are not yet favourable for El Salvador to issue $1 billion in Bitcoin bonds. This was stated by the country's finance minister, Alejandro Zelaya, The Block reports.
El Salvador bought an additional 500 BTC as the price fell below $30,000
In the early hours of May 10, Bitcoin's price briefly dipped below $30,000. At one point it fell to $29,731 (Bitstamp).
Bitso Details Success of El Salvador’s Chivo Bitcoin Wallet
El Salvador's bitcoin wallet Chivo has achieved great success since its launch in 2021, according to Bitso's chief regulatory officer Felipe Vallejo in an interview with Cointelegraph.
Poll shows El Salvador’s failure in Bitcoin experiment
Over several months, the use of the first cryptocurrency in El Salvador has not gained mass adoption. This is evidenced by data from a representative survey by the American National Bureau of Economic Research.
Former El Salvador central bank chief: Bitcoin legalization ‘killed’ ties with the IMF
El Salvador has failed to find common ground with the International Monetary Fund (IMF), and negotiations with it are 'virtually dead'. This view was voiced by the former head of the country's central bank, Carlos Acevedo, according to ElSalvador.com.
Congress develops bill to mitigate risks from El Salvador’s Bitcoin adoption
In the U.S. House of Representatives, the Crypto Accountability Act in El Salvador (ACES) was introduced for consideration, aimed at mitigating the risks of adopting Bitcoin as a payment method in that country.We use cookies to improve the quality of our service.
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