The reform ensures Bitcoin remains legal tender but removes the previous requirement forcing businesses to accept it. The decision follows Bitcoin’s price surge, fueled by Trump’s election win and ...
Bitcoin may no longer be legal tender in El Salvador, but Bitcoiners in the country haven't given up on the mission. El Salvador is still Bitcoin country, despite the fact that bitcoin is no longer ...
The President of El Salvador, Nayib Bukele, assured on Tuesday that the country “will not stop” and will continue buying bitcoin for its strategic reserve, despite the fact that the crypto asset will ...
What exactly did El Salvador do? The government redistributed roughly 6,274 BTC (around $678 million at publication time) from one address into 14 fresh addresses, each capped at 500 BTC, as a ...
Four years after making history as the first country to embrace Bitcoin as legal tender, El Salvador is scaling back its Bitcoin Law, apparently due to pressure from the International Monetary Fund ...
In a surprising move, Pakistan and El Salvador have signed a pact involving Bitcoin, raising major concerns for the international financial community. This deal is particularly striking because both ...
(CNN) — El Salvador will become the first county to adopt bitcoin as a legal tender, Salvadorian President Nayib Bukele announced in a video recording shown during the Bitcoin 2021 conference held in ...
El Salvador, the world’s first nation to adopt Bitcoin as legal tender, is taking steps to loosen its grip on the cryptocurrency. This move comes as part of a reform package aimed at securing a $1.4 ...
Recently, officials in the Central American country of El Salvador approved amendments to its controversial Bitcoin law in order to guarantee a $1.4 billion loan with the International Monetary Fund ...
The Central American nation's lawmakers approved the move by a majority vote. El Salvador on Wednesday became the first nation in the world to approve the use of Bitcoin as legal tender. The so-called ...
Despite government subsidies and mandates, Bitcoin usage in El Salvador fell sharply, with businesses and consumers preferring U.S. dollars. Koning says Bitcoin’s volatility prevents it from serving ...
El Salvador’s Congress has reportedly swiftly approved legislation to amend its Bitcoin laws to comply with a deal struck with the International Monetary Fund to adjust its exposure to crypto. The ...