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Starting Tuesday, bitcoin is an official national currency in El Salvador, along with U.S. dollars. To use the cryptocurrency, Salvadorans need to download an electronic wallet.
While crypto-bros around the world celebrated the El Salvador’s landmark move to incorporate Bitcoin, whether it’s actually good idea for the country of 6.5 million to hitch itself to the ...
Illuminated drones form figures inspired by the Bitcoin logo in El Sunzal Beach, El Salvador, on Sept. 7, 2021. Marvin Recinos—AFP/Getty Images ‘Bitcoin is costing the country dearly’ ...
Pro-Bitcoin El Salvador is looking to build the world’s first “Bitcoin City.” The President noted that the city will be fully ecological, powered by nearby volcanoes. The costs of the tax ...
SAN SALVADOR, El Salvador — The president of El Salvador is making a huge bet on bitcoin with his country's treasury. President Nayib Bukele is hoping to launch bitcoin-backed bonds to raise $1 ...
El Salvador will begin accepting cryptocurrencies, including Bitcoin, as legal tender on September 7 -- just over two months from now. Between now and then, we'll have the free $30 in Bitcoin ...
Bitcoin ATMs popped up nationwide and plans were announced for Bitcoin City, a tax-free, bitcoin-powered metropolis fueled by geothermal energy from a volcano. El Salvador was on its way to become ...
Bitcoin will be a success in El Salvador, boosting remittances, industry and gains from remuneration. Per capita GDP is likely to double over the next decade as remittances, the energy sector and ...
Thousands of protestors took to the streets in El Salvador a week after the Central American nation became the first in the world to adopt Bitcoin as its legal currency alongside the US dollar.
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