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3232El Salvador Won’t Sell Its Bitcoin — President Bukele Says ‘at the end 1 BTC = 1 BTC’
https://www.digit.info/el-salvador-wont-sell-its-bitcoin-president-bukele-says-at-the-end-1-btc-1-btc/
Thu, 29 Feb 2024 05:00:32 +0000https://www.digit.info/2024/02/29/el-salvador-wont-sell-its-bitcoin-president-bukele-says-at-the-end-1-btc-1-btc/Read more]]>El Salvador president, Nayib Bukele, has affirmed that his country will not sell its bitcoin, emphasizing that “At the end 1 BTC = 1 BTC (this was true when the market price was low and it’s true now).” Bukele further shared: “Now that bitcoin’s market price is way up, if we were to sell, we […]
]]>US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender
https://www.digit.info/us-lawmakers-introduce-bill-to-mitigate-risks-from-el-salvador-adopting-bitcoin-as-legal-tender/
Fri, 18 Feb 2022 03:00:13 +0000https://www.digit.info/2022/02/18/us-lawmakers-introduce-bill-to-mitigate-risks-from-el-salvador-adopting-bitcoin-as-legal-tender/Read more]]>Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money laundering cartels and undermines U.S. interests,” said a U.S. senator. US Concerned About Risks From El Salvador’s Bitcoin Law The U.S. Senate Committee on […]
]]>Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador
https://www.digit.info/bank-of-america-sees-benefits-in-adopting-bitcoin-as-legal-tender-in-el-salvador/
Tue, 03 Aug 2021 02:30:33 +0000https://www.digit.info/2021/08/03/bank-of-america-sees-benefits-in-adopting-bitcoin-as-legal-tender-in-el-salvador/Read more]]>Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings to El Salvador as Legal Tender Bank of America (BOA) outlined some potential benefits […]