El Salvador’s bonds suffer as Bitcoin Law takes effect
Bond investors appear to be betting against El Salvador’s controversial Bitcoin Law, but other factors need to be taken into account. Go to Source Powered by WPeMatico
El Salvador
Auto Added by WPeMatico
Here’s why Algorand (ALGO) price just rallied to a new multi-year high
Institutional investment, new governance features and a groundbreaking project with the government of El Salvador are just a few of the factors behind ALGO’s rally to a new all-time high. Go to Source Powered by WPeMatico
El Salvador’s largest bank partners with Flexa for Bitcoin payments
Bancoagrícola will work with Flexa to accept Bitcoin across the bank’s network for payments like loans and credit cards. Go to Source Powered by WPeMatico
El Salvador adoption a ‘coming of age’ for Bitcoin, says Fidelity exec
Fidelity’s Jurrien Timmer believes that the significance of El Salvador’s Bitcoin move is “a little bit overplayed.” Go to Source Powered by WPeMatico
Russia Not Ready for Bitcoin as Legal Tender, Putin’s Spokesman Peskov Says
Russia has no reason to recognize bitcoin, President Putin’s press secretary has noted after El Salvador became the first country to adopt the digital coin as legal tender. In a statement to the press, Dmitry Peskov revealed he is convinced that such a move would not bring any benefits to the Russian Federation. Kremlin Not … Read more
Salvadoran Government’s Chivo Wallet Experiences Hiccups, Some Residents Can’t Claim $30 BTC Reward
On the day El Salvador implemented the bitcoin tender law, the official government wallet called the Chivo wallet had some initial issues for five hours on Tuesday. Residents could not leverage the application and had issues accessing the app on Apple’s App Store and Google Play. The situation seems to be resolved now as Salvadoran … Read more
Edward Snowden Says Competing Nations Now Under Pressure to Acquire Bitcoin Following El Salvador
Following El Salvador making bitcoin legal tender, privacy activist and whistleblower Edward Snowden says, “there is now pressure on competing nations to acquire bitcoin — even if only as a reserve asset.” He warned, “Latecomers may regret hesitating.” Edward Snowden Warns Countries That Hesitate Adopting Bitcoin May Regret Their Decisions Former computer intelligence consultant for … Read more
El Salvador reportedly fixes crypto wallet after bumpy Bitcoin rollout
Chivo Bitcoin wallet was taken down for five hours for maintenance after users reported various issues with the application. Go to Source Powered by WPeMatico
More countries to follow El Salvador’s Bitcoin move, Cardano creator says
El Salvador’s Bitcoin acceptance is a major win for the cryptocurrency industry, Cardano founder Charles Hoskinson believes. Go to Source Powered by WPeMatico
El Salvador says merchants must process BTC transactions — or they may face action
A Salvadoran government official has said that while businesses must accept BTC transactions, they can choose whether to receive BTC or USD upon settling transactions. Go to Source Powered by WPeMatico
