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3232Bitfinex to Donate $1.3 Million Worth of BTC and USDT to Communities in El Salvador
https://www.digit.info/bitfinex-to-donate-1-3-million-worth-of-btc-and-usdt-to-communities-in-el-salvador/
Fri, 15 Jul 2022 07:30:24 +0000https://www.digit.info/2022/07/15/bitfinex-to-donate-1-3-million-worth-of-btc-and-usdt-to-communities-in-el-salvador/Read more]]>The crypto exchange Bitfinex announced on Thursday that the trading platform plans to donate 36 bitcoin and $600K worth of tether tokens to help bolster communities and small businesses located in El Salvador. According to Bitfinex, the funds will initially target small businesses in Salvadoran communities located in Apopa, Ilopango, and Soyapango. Donated Funds to […]
]]>Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador
https://www.digit.info/working-study-says-despite-legal-tender-status-bitcoin-is-not-a-widely-accepted-medium-of-exchange-in-el-salvador/
Wed, 27 Apr 2022 14:30:38 +0000https://www.digit.info/2022/04/27/working-study-says-despite-legal-tender-status-bitcoin-is-not-a-widely-accepted-medium-of-exchange-in-el-salvador/Read more]]>According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study: Only 4 out of 10 Salvadorans Use […]
]]>El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet
https://www.digit.info/el-salvador-switches-tech-providers-chooses-alphapoint-to-operate-chivo-bitcoin-wallet/
Wed, 02 Feb 2022 18:00:56 +0000https://www.digit.info/2022/02/02/el-salvador-switches-tech-providers-chooses-alphapoint-to-operate-chivo-bitcoin-wallet/Read more]]>On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the largest fintech application in the country and Alphapoint “supports the frontend and backend infrastructure that powers the wallet and integrates the entire ecosystem.” Alphapoint to […]
]]>Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament
https://www.digit.info/kingdom-of-tonga-may-adopt-bitcoin-as-legal-tender-says-former-member-of-parliament/
Fri, 14 Jan 2022 18:00:47 +0000https://www.digit.info/2022/01/14/kingdom-of-tonga-may-adopt-bitcoin-as-legal-tender-says-former-member-of-parliament/Read more]]>The Kingdom of Tonga may adopt bitcoin as legal tender, according to a former member of Tonga’s parliament, Lord Fusitu’a, who tweeted about a possible timeline for this event to occur. Fusitu’a believes that by next fall a bill will be passed by Tonga’s parliament and bitcoin could be legal tender in the region by […]