El Salvador

El Salvador: Regulatory Regime for Bitcoin ‘Volcano’ Bonds As Soon As February
El Salvador: Regulatory Regime for Bitcoin ‘Volcano’ Bonds As Soon As February
January 09, 2022  |  Bitcoin

El Salvador is apparently readying a new Bitcoin law. Samson Mow, Chief Strategy Officer of Blockstream — the crypto asset firm overseeing El Salvador’s forthcoming,...

READ MORE >
El Salvador’s Bitcoin-as-Currency Experiment Ends 2021 on a Low Note
El Salvador’s Bitcoin-as-Currency Experiment Ends 2021 on a Low Note
January 02, 2022  |  Bitcoin

Without a fairly sharp jump, bitcoin is going to end the year below the $51,000 level at which El Salvador bought its first 200 BTC,...

READ MORE >
As Tanking Bitcoin Gives Salvadorans a National Haircut, UK Analytics Firm Sees a Smokescreen for Bigger Financial Troubles
As Tanking Bitcoin Gives Salvadorans a National Haircut, UK Analytics Firm Sees a Smokescreen for...
December 10, 2021  |  Cryptocurrency

El Salvadoran President Nayib Bukele’s $70.7 million bitcoin investment was down $3.4 million — about 5% — a headline in La Prensa Grafica screamed on...

READ MORE >
Bitcoin, Other Crypto Prices Plummet Overnight
Bitcoin, Other Crypto Prices Plummet Overnight
December 04, 2021  |  Bitcoin

Bitcoin lost over 17 percent overnight from Friday (Dec. 3) to Saturday morning, plunging to a low near $42,000 and inching back to $49,000 around...

READ MORE >
Bitcoin Daily: FCA to Crack Down on Crypto Sent to Terrorist Groups; UK May Lose Millions in Taxes on Crypto Due to El Salvador Loophole
Bitcoin Daily: FCA to Crack Down on Crypto Sent to Terrorist Groups; UK May Lose...
November 28, 2021  |  Bitcoin

El Salvador’s move to make bitcoin a legal tender could end up causing problems at tax time elsewhere in the world, a report from The...

READ MORE >
Volcano to Power Miners in El Salvador’s Bitcoin City
Volcano to Power Miners in El Salvador’s Bitcoin City
November 22, 2021  |  Cryptocurrency

Call it an urban experiment on a grand scale, where cryptocurrency lays the foundation for daily life — literally — yet may be as explosive...

READ MORE >
El Salvador Plans to Build Tax-Free Bitcoin City
El Salvador Plans to Build Tax-Free Bitcoin City
November 21, 2021  |  Bitcoin

El Salvador is delving further into bitcoin and plans to issue sovereign bitcoin bonds, Bloomberg reported. The country, which has already made bitcoin a legal...

READ MORE >
Bitcoin Daily: Hillary Clinton Critiques Bitcoin; Cryptocurrency Transactions Now Taxed in Argentina
Bitcoin Daily: Hillary Clinton Critiques Bitcoin; Cryptocurrency Transactions Now Taxed in Argentina
November 21, 2021  |  Bitcoin

Former Democratic presidential candidate Hillary Clinton has a skeptical view of bitcoin, saying there are worries that it could undermine the dollar, Bitcoin Magazine reported....

READ MORE >
El Salvador Pours Bitcoin Profits Into Health and Education Amid Ongoing Chivo Wallet Fraud Furor
El Salvador Pours Bitcoin Profits Into Health and Education Amid Ongoing Chivo Wallet Fraud Furor
November 05, 2021  |  Cryptocurrency

After President Nayib Bukele “bought the dip” and purchased 420 additional bitcoins for about $25 million last week, El Salvador now has 1,100 coins, up...

READ MORE >