India cannot shut out a “futuristic” technology like cryptocurrency but the country may not yet be ready to follow in the footsteps of El Salvador, India’s finance minister Nirmala Sitharaman told the …
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1,000,000+ El Salvador citizens use Bitcoin just days after making BTC legal tender
Bitcoin (BTC) is seeing mass adoption in El Salvador just days after the Central American nation made the benchmark cryptocurrency legal tender. President Nayib Bukele tells his 2.9 million followers on Twitter …
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El Salvador purchases another 150 Bitcoin following the price dump
The President announced the purchase via Twitter, stating “We just bought the dip.”. In a reply post, Bukele said “They can never beat you if you buy the dips,” adding that this …
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El Salvador’s Chivo Bitcoin (BTC) wallet to cross 500,000 users
El Salvador’s digital bitcoin wallet Chivo has already hit half a million users, according to reports from local media. The country introduced the wallet on Sept 7. Users receive $30 in bitcoin …
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After El Salvador, how long until Bitcoin takes over the world?
Here at Bitcoinist, we’re going to let the people speak. It’s been one week since the first country adopted bitcoin as legal tender and we’re already thinking about the hyperbitcoinization …
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El Salvador will exempt foreign investors from tax on Bitcoin (BTC) price gains
Foreign investors will not be required to pay taxes on profits from Bitcoin, a government adviser told the AFP this week. Javier Argueta, legal adviser to President Nayib Bukele, told the news …
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El Salvador’s largest bank to support Bitcoin for loans, credit cards & other services
The use of Bitcoin in El Salvador has not had the best of starts. Still, financial institutions are already doing their best to comply with the law. Bancoagrícola, the country’s …
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McDonald’s, PizzaHut & Corps will start accepting Bitcoin in El Salvador
“Who wants Pizza Hut?” – El Salvador’s president Nayib Bukele publicly asked while sharing the above image on the day a new law came into force that makes it mandatory …
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Cardano creator predicts many nation states will follow El Salvador’s lead
After El Salvador became the first country to adopt Bitcoin as its national currency, IOG CEO Charles Hoskinson forecasted that other countries could follow suit in the future. In the coming years, …
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El Salvador: ‘Buying the dip’, McDonald’s accepting Bitcoin (BTC) via Lightning Network
Three months ago, this small Central American nation passed a bill to make Bitcoin legal tender. Today, that law became effective, and President Nayib Bukele announced that his country had …
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