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SALVADORAN BITCOIN
Short on cash, El Salvador doubles down on Bitcoin dreamAfter a recent announcement by the U.S. Securities and Exchange Commission (SEC) to allow US-listed exchange-traded funds (ETFs) that track...02 Feb, 2024, 04.38 PM IST- Bitcoin a dud in El Salvador, first country to make it legal tenderThe government of President Nayib Bukele took this pioneering step in 2021, introducing bitcoin in circulation alongside the US dollar, whi...11 Jan, 2024, 09.29 AM IST
- El Salvador changes tech provider for 'Chivo' walletCrypto software firm AlphaPoint will support the frontend and backend infrastructure that powers the wallet and integrates the entire ecosy...02 Feb, 2022, 12.01 PM IST
- El Salvador adds nearly $25 million in bitcoin to state coffers, says presidentThe latest purchase of bitcoin, worth nearly $25 million at current prices, marks the first government acquisition of the cryptocurrency si...28 Oct, 2021, 10.37 AM IST
- A glimpse under the hood of El Salvador's bitcoin experimentPresident Nayib Bukele said bitcoin will be optional in the poor, dollarized country but that using it will eliminate commissions Salvadora...08 Sep, 2021, 11.33 AM IST
- A glimpse under the hood of El Salvador's bitcoin experimentPresident Nayib Bukele, who has championed the initiative, said the digital currency will be optional in the poor, dollarized country but t...08 Sep, 2021, 08.56 AM IST
- On 'Bitcoin Beach' tourists and residents hail El Salvador's adoption of cryptocurrencyMany businesses in the popular vacation site adopted bitcoin three years ago, after an anonymous donation of the digital currency kickstart...08 Sep, 2021, 08.52 AM IST
- Crypto platform Bitso working with El Salvador on Chivo digital walletBitso said it will work with Silvergate Bank, a US federally-regulated and California state-chartered bank, to facilitate transactions in U...08 Sep, 2021, 08.47 AM IST
- El Salvador’s adoption of Bitcoin is off to a rocky startThe country is the first to use Bitcoin as an official currency, encouraging businesses and citizens to use it in everyday transactions, an...08 Sep, 2021, 07.29 AM IST
- Pros and cons for El Salvador, the first bitcoin nationDespite Bukele's popularity, the move has been greeted with skepticism by many Salvadorans who are concerned about the cryptocurrency's vol...07 Sep, 2021, 05.03 PM IST
- El Salvador holds 400 bitcoin, price jumpsBitcoin temporarily climbed above 1.49% to more than $52,680 on Monday evening, Refinitiv Eikon data showed, with a Reuters market analyst ...07 Sep, 2021, 10.16 AM IST
- Migrant families wary as El Salvador becomes first to adopt bitcoinAs of this week, El Salvador's government says its historic adoption of bitcoin as legal tender will save Salvadorans living abroad million...07 Sep, 2021, 08.52 AM IST
- Majority of Salvadorans do not want Bitcoin, poll showsAt least 67.9% of 1,281 people surveyed said they disagree or strongly disagree with the use of bitcoin as a legal tender, said the poll by...03 Sep, 2021, 07.31 PM IST
- 'We don't know it': Salvadorans fret over looming Bitcoin adoptionThe sense of unease extends beyond San Salvador's "Excuartel" market well into the Central American country of 6.4 million people that on T...02 Sep, 2021, 10.26 AM IST
- El Salvador Bitcoin move opens banks to money laundering, terrorism financing risks: FitchThe bitcoin move, set to take effect on Sept. 7, "would increase financial institutions' regulatory, financial and operational risks, inclu...26 Jun, 2021, 12.33 PM IST
- Salvadoran Bitcoin users to get $30 from government: PresidentAccording to World Bank data, El Salvador received more than $5.9 billion in 2020 from nationals living abroad.25 Jun, 2021, 08.56 PM IST
- World Bank rejects El Salvador request for help on Bitcoin implementationEarlier on Wednesday, Salvadoran Finance Minister Alejandro Zelaya said the Central America country had sought technical assistance from th...17 Jun, 2021, 08.48 AM IST
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