El Salvador’s decision to make bitcoin legal tender has paid off as far as tourism is concerned. The law has increased tourism by 30%, according to local media reports on Feb 21. …
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Pro-Bitcoin Salvadoran President Nayib Bukele to offer citizenship for foreign investors
Salvadoran President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation. President Bukele took to Twitter to inform the crypto community on Sunday …
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El Salvador’s rating downgraded by fitch for adopting Bitcoin (BTC) as a legal tender
Fitch Ratings, one of the “big three” credit rating agencies, has lowered El Salvador’s long-term issuer default rating (IDR). In a Wednesday report, Fitch pinned the nation’s debt repayment capacity …
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El Salvador takes swipe at the IMF: Bukele is expecting a huge rise in Bitcoin value
El Salvador’s government has responded to the IMF’s most recent report on the country’s adoption of Bitcoin as a legal tender. As per the government’s statement, the government has no …
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El Salvador has relaunched its in-house Chivo wallet & plans to deploy 1,500 Bitcoin ATMs
El Salvador, the first country to adopt Bitcoin as a legal tender, has relaunched its in-house Chivo wallet to address the existing challenges of BTC transfers locally. With AlphaPoint integration, …
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El Salvador president strongly believes “gigantic Bitcoin price increase” is just a matter of time
The global crypto market has dropped to $1.67 trillion following a downturn affecting bitcoin and the rest of the crypto assets. Although the downtrend is not over yet, bitcoin evangelists …
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Tonga will going to copy El Salvador bill making Bitcoin (BTC) legal tender
Another domino is lined up to fall down the route to Bitcoinization. On Wednesday, a former lawmaker of the Pacific island nation of Tonga shared a play-by-play approach to adopting …
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El Salvador president Nayib Bukele believes Bitcoin (BTC) will hit $100,000 in 2022
Nayib Bukele believes that Bitcoin will hit $100,000 this year despite markets having closed with their heads hanging in 2021. According to a Sunday tweet, the El Salvador president shared a …
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El Salvador adds 21 Bitcoin (BTC) to reserves to mark a special occasion
El Salvador’s President Nayib Bukele has announced that the country added more BTC to its reserves. The purchase was made on Dec 21, which saw 21 BTC bought at 21:00. The purchase …
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El Salvador’s Bitcoin City & why it could be an “attractive opportunity”
Ever since Bitcoin was adopted as legal tender in El Salvador, the country has been coming up with innovative ways to integrate it into the economy. So much so that plans to …
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