In a significant move, Salvadoran President Nayib Bukele has announced a donation of 2 bitcoins, valued at approximately $133,000, to support the construction of 1,000 schools in Honduras.
Read MoreIn a significant move, Salvadoran President Nayib Bukele has announced a donation of 2 bitcoins, valued at approximately $133,000, to support the construction of 1,000 schools in Honduras.
Read MoreA recent survey conducted by Francisco Gavidia University highlights a significant disconnect between Salvadorans' support for President Nayib Bukele's leadership and their adoption of Bitcoin.
Read MoreA recent survey conducted by Francisco Gavidia University (UFG) has shed light on the current state of Bitcoin adoption in El Salvador, revealing a significant decline in usage among citizens.
Read MoreNayib Bukele, the maverick president of El Salvador, has long faced criticism from institutions and politicians alike for his unconventional approach to governance and finance.
Read MoreThe International Monetary Fund (IMF) has recently adjusted its approach toward El Salvador regarding its controversial Bitcoin policy. After years of resistance, the IMF has suggested that the Central American nation reduce its government support for Bitcoin rather than repeal its status as legal tender altogether.
Read MoreThe International Monetary Fund (IMF) has once again raised alarms regarding El Salvador's embrace of Bitcoin, urging the Central American nation to reevaluate its controversial cryptocurrency legislation.
Read MoreRecent reports from Arkham Intelligence reveal a significant shift in the global Bitcoin landscape. Bhutan, often overlooked in the cryptocurrency sector, has emerged as a major player, surpassing El Salvador in Bitcoin holdings.
Read MoreIn June 2021, President Nayib Bukele’s announcement that El Salvador would adopt Bitcoin as legal tender sent shockwaves through the global financial world. The official implementation of the law on September 7, 2021, marked an unprecedented experiment in digital currency.
Read MoreIn recent months, significant developments in cryptocurrency adoption have emerged from two notable entities: Starbucks and El Salvador.
Read MoreEl Salvador's commitment to Bitcoin adoption is set to advance with the National Bitcoin Office (ONBTC) launching an extensive training program for government employees.
Read MoreEl Salvador remains committed to Bitcoin, continuing its daily acquisitions even as the cryptocurrency market experiences a downturn. This strategy, announced in March 2024, aims to buy one Bitcoin every day "until it becomes unaffordable."
Read MoreEl Salvador's ambitious project to build the world's first Bitcoin City has encountered significant hurdles, including funding delays and a lack of progress on construction. However, the project's first self-proclaimed 'citizen,' Corbin Keegan, remains steadfast in his belief in the city's potential.
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