Follow Nikolaus On X Here El Salvador’s misguided critics got some new ammunition this week. A recent survey revealed just 7.5% of Salvadorans use Bitcoin for transactions, and that 92% of Salvadorans do…
El Salvador’s decision to make Bitcoin (BTC) legal tender continues to face criticism from the International Monetary Fund (IMF), which is asking the country to “limit public exposure” to the cryptocurrency. El Salvador became the first country…
El Salvador is stepping up its Bitcoin initiatives by launching a certification program to educate its public servants on Bitcoin (BTC). As announced by El Salvador’s National Bitcoin Office (ONBTC), 80,000 government employees will be provided…
Yilport, a Turkish holding company, is investing $1.6 billion in El Salvador’s port infrastructure, setting the stage for the revival of the country’s Bitcoin City project. President Nayib Bukele of El Salvador shared the news through a video on X,…
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The Bank for Private Investment will “diversify the financing options” available to investors in both Dollars and Bitcoin. Source link
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El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country’s total bitcoin holdings to 5,750…
El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as a legal tender under the leadership of President Nayib Bukele. This groundbreaking decision has enabled significant financial improvements…
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El Salvador, the first country to make Bitcoin legal tender, and to adopt a Bitcoin investment strategy for its national treasury, has now accumulated over $400 million worth of Bitcoin. President Nayib Bukele…
On March 14, 2024, El Salvador’s president-elect, Nayib Bukele, unveiled a historic bold maneuver that echoed across the Bitcoin world: El Salvador confirmed the transfer of a substantial portion of its Bitcoin holdings…
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