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Tag: El Salvador

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Argentina aims to learn from El Salvador’s Bitcoin success

Argentina wants to learn from El Salvador’s experience of Bitcoin adoption and other cryptocurrency activities. The government of Argentina is working with El Salvador to learn from its experience of Bitcoin adoption and other cryptocurrency activities. Argentina’s securities regulator, the National Securities Commission (CNV), held a meeting with El Salvador’s National Commission of Digital Assets (CNAD)…
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El Salvador’s Bitcoin wallet gets sats, cats and a cypherpunk manifesto

Approximately $700 in satoshis were sent to El Salvador’s new “Bitcoin piggy bank” across dozens of donations. Only hours after El Salvador publicly announced its move to store a “big chunk” of its Bitcoin (BTC) in a physically secured cold wallet, Bitcoiners have already lined the wallet with their favorite “rare sats” and Ordinals. On March 14,…
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El Salvador Bitcoin Law Now Passed To Promote Foreign Investors

Key Points: El Salvador’s Congress quickly endorses a regulation conceding facilitated citizenship to unfamiliar bitcoin givers, bypassing normal residency prerequisites. The fact that the party led by President Nayib Bukele backs the El Salvador Bitcoin Law demonstrates the leader’s continued push for crypto initiatives since the country adopted bitcoin as legal tender. Reuters reports that…
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El Salvador’s legal use of bitcoin, according to the president, increases tourism by 95%

Key Ideas Nayib Bukele, the president of El Salvador, claims that since Bitcoin became legal tender almost nine months ago, adoption has increased tourism by 95%. El Salvador’s adoption of BTC hasn’t been without controversy, with The World Bank declining the nation’s request for assistance in making the switch to the cryptocurrency king because of…
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