The Minister of Finance of El Salvador, Alejandro Zelaya, reported that the 30 dollars in bitcoin that the government is going to grant to its citizens cannot be converted into fiat currency.
The government's intention is to encourage its citizens to join the crypto space, and not precisely to…
Read More...
Browsing Tag
Nayib Bukele
Nayib Bukele will give away $ 30 in Bitcoin for using the Chivo App
Nayib Bukete, President of the Republic of El Salvador, announced that his government created its own wallet, called Chivo, to make transactions with Bitcoin. It will be "like carrying a wallet, but on the phone", as a result of the law…
Use of bitcoin in El Salvador will be voluntary
The president of El Salvador, Nayib Bukele, assured that the use of bitcoin in the country will be voluntary after giving details about the Bitcoin Law, with which he hopes that the country will become the first in the world to adopt…
El Salvador Congress approves bitcoin as legal tender
This Wednesday, June 9, the Congress of El Salvador approved a law that will convert bitcoin into legal tender in this nation. The initiative was approved with the votes of 62 deputies of the 84 in Parliament and will enter into force 90…
El Salvador could be the first country to adopt bitcoin as legal currency
The president of El Salvador, Nayib Bukele, announced this Saturday during a video conference on Bitcoin, that the country wants to become the first nation in the world to adopt cryptocurrency as a legal tender.
Bukele has detailed that he…