Due to the current geopolitical crisis, the government of El Salvador announced that it is going to postpone the launch of the bonds backed by the bitcoin cryptocurrency.
The "Volcano Bond", as the government itself baptized it, was scheduled to come out this March. However, due to the unfavorable…
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El Salvador
IMF asks El Salvador not to recognize bitcoin as legal currency
Members of the executive board of the International Monetary Fund (IMF), asked the legislators of El Salvador not to recognize bitcoin as the legal currency of the country.
Despite the fact that digital payments have a high potential for…
Bukele sees bitcoin at $ 100,000
The president of El Salvador, Nayib Bukele, recently made a series of predictions related to the performance of bitcoin during this year.
The president of the first country to legally adopt the cryptocurrency, assured that at least two…
El Salvador will create the Bitcoin city
El Salvador will create the Bitcoin City. This was announced by the President of the Republic of El Salvador, Nayib Bukele, within the framework of the closing of the “Bitcoin Week” event, which aimed to promote blockchain technology.
The…
El Salvador will build public schools with bitcoin profits
The president of El Salvador, Nayib Bukele, laid the first stone for the construction of a public veterinary hospital that will be executed with the resources obtained from the profits produced by the purchase of bitcoin with state funds.…
Number of cryptocurrency ATMs in Colombia increases
Colombia recently became the second country in Latin America with the largest implementation of bitcoin ATMs.
Since 2017, the "coffee-growing" country has been experiencing a considerable increase in the use of cryptocurrencies and the…
El Salvador is heading towards economic recovery
Authorities of El Salvador announced that it will be the only country in Central America that by the end of 2021 will have recovered the levels of economic activity registered before the Covid-19 pandemic. This was reported by Douglas…
Brazil prepares to assume Bitcoin as legal tender
The government of the Federative Republic of Brazil drafted a bill authorizing the use of Bitcoin as legal tender in the country, which will be presented to the Chamber of Deputies in coming days, following in the footsteps of El Salvador.…
Bank of Spain analyzed the case of El Salvador and bitcoin
The Bank of Spain prepared an analysis on the adoption of bitcoin as legal tender in El Salvador, highlighting the low financial inclusion of the population as one of the challenges the country faces in this project.
Specifically, the…
Latibitconf 2021 will take place in El Salvador
The Latin American Bitcoin and Blockchain Conference (Latibitconf) will take place next November in El Salvador in order to promote the acceptance of BTC. Rodolfo Andragnes, president of the NGO Bitcoin Argentina and responsible for the…
Half a million Salvadorans are using the Chivo wallet
The president of El Salvador, Nayib Bukele, used his social network Twitter to report that more than half a million citizens are using the official Chivo wallet, after the entry into force on September 7 of Bitcoin as legal tender in the…
Honduras and Guatemala seek digital options for their financial system
El Salvador marked a historical process with its Bitcoin Law, a phenomenon that is driving progress towards the digitization of the economies of other Central American countries. Honduras is in the research for feasibility, and risk-benefit…