Read more: El Salvador Wants to Attract Bitcoin Talent.Its Strategy Is Working. There’s a social media movement to encourage people to buy $30 in bitcoin, a show of support from the ...

El Salvador’s Bitcoin Law creates what Bukele calls “a sanctuary country for crypto,” a safe and predictable legal environment for bitcoin entrepreneurs to build new and innovative tools.

Sovereign Bitcoin reserves may become a long-term strategy for nations as El Salvador’s gains show multi-year value, Decrypt ...

In fact, Bitcoin did not need a law to circulate within El Salvador. It has been used at the “ Bitcoin Beach ”, El Zonte Beach, La Libertad, since 2019, in a project driven by Michael Peters and Jorge ...

El Salvador made history by becoming the first state to use bitcoin as legal tender when it was officially announced by their president in June 2021. The Salvadoran government approved bitcoin as ...

El Salvador’s Bitcoin Law takes effect today – and yet, many locals still don’t know how the cryptocurrency works or how they’ll be able to use it.

El Salvador’s Bitcoin law will result in many unintended consequences and unforeseen costs. We don’t yet know the exact modalities that will be used to implement the Bitcoin law.

SAN SALVADOR, El Salvador — El Salvador's millennial President Nayib Bukele promised his citizens they will lead the Bitcoin revolution. In June, the country approved a landmark law to make El ...

If El Salvador’s “Bitcoin Law” was “the shot heard round the world” for Bitcoin, then when the International Monetary Fund (IMF) and the World Bank questioned the legislation, ...

El Salvador's Congress passed a legislative amendment on Wednesday to alter the country's Bitcoin (CRYPTO: BTC) policy, making its acceptance voluntary rather than mandatory.

Under U.S. law, Bitcoin is regulated as a commodity by the ... Some commentators have speculated that El Salvador's adoption of Bitcoin as legal tender could make Bitcoin fall within the ...

El Salvador in 2021 wanted to ensure that their citizens and future investors would have an advantage as other countries acquire bitcoin. This enables them to build out the country's ...