Tag Archives: El Salvador

Binance and El Salvador are joining hands to boost the nation’s long-running bitcoin agenda. The digital currency exchange – the biggest and most popular in the world – is garnering two separate licenses to operate in the Central American nation, thus bringing its total world licenses to 18. Binance Gains Ground in El Salvador The documentation was provided by the Central Bank of El Salvador, which is now permitting Binance to serve as a bitcoin services provider...

The South American country of Paraguay is allegedly paving the way for crypto adoption like El Salvador, its neighbor to the far north, has. Paraguay Has Caught the Bitcoin Fever The news came by way of congressman and the National Deputy of Paraguay Carlitos Rejala, who said on Twitter that Paraguay needs to do all it can to embrace crypto adoption and utilize it as legal tender like El Salvador. He then attached a picture of himself with laser eyes, the ultimate...

Several residents of El Salvador are now completing a free-of-charge training program called Cubo+ designed to ensure they have all the bitcoin knowledge they need to handle future transactions and what will likely be the way their nation does payments and transactions from here on out. El Salvador Unveils Cubo+ BTC Program El Salvador is a revolutionary country in that it was the first to declare bitcoin legal tender in September of 2021. Up until that point,...

Binance became the first fully licensed cryptocurrency exchange in El Salvador after receiving Bitcoin Services Provider license (BSP) and Digital Assets Services Provider license (DASP) from the domestic regulators. The firm’s impressive expansion over the years includes nations like Italy, France, Sweden, Australia, the United Arab Emirates (UAE), Japan, and many more. The world’s largest cryptocurrency exchange – Binance – announced that the obtained authorization from El...

El Salvador is really gaining traction as a leading bitcoin haven. El Salvador was Smart to Implement Bitcoin Not long ago, professional surfer Kelly Slater commented on social media: The government has really put an emphasis on surfing (and bitcoin). A crypto winter and bear market were both responsible for bitcoin shedding quite a bit of value in 2022, and while we’re not entirely out of the woods yet, El Salvador continues to gain a lot of talent and business...

Bonds issued by El Salvador, the first country in the world to establish Bitcoin (BTC) as legal tender, are up 60% in value this year – rivaling Bitcoin’s 80% gains. The sudden demand for the country’s national debt represents a massive sentiment shift around its financial position. Yields for El Salvador’s 10-year debt ran as high as 24% just 12 months ago, in line with distressed economies like Ukraine and Argentina. However, the country successfully repaid $800 million of...

CoinspeakerEl Salvador Sees Bonds Jump in Tandem with Massive Rally in Bitcoin As an emerging economy, El Salvador believes the best way to hedge against the core fluctuations brought on by the US dollar devaluation can be effectively mitigated with Bitcoin. El Salvador Sees Bonds Jump in Tandem with Massive Rally in Bitcoin

El Salvador hat weltweit Aufmerksamkeit erregt, als es im Jahr 2021 Bitcoin als gesetzliches Zahlungsmittel anerkannt hat. Nun plant das zentralamerikanische Land ein ehrgeiziges Projekt, um eine Bitcoin-freundliche Stadt namens „Bitcoin City“ zu schaffen. Die Vision besteht darin, ein Technologie- und Wirtschaftszentrum zu schaffen, in dem Bitcoin als Hauptwährung verwendet wird und Innovationen im Kryptowährungssektor gefördert werden. Die Frage, die sich viele stellen, ist jedoch, wie...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin payments company Strike has anticipated that it will grow across 65 countries in the coming years and expand its list of clients to roughly three billion souls. Strike Wants a Change of Scenery Jack Mallers – CEO of the Chicago-based company – explained in a recent interview: We think there are billions...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up El Salvador has long been a bitcoin advocate. The currency is a national form of payment within its borders, but while the president of the nation may be pleased about the prospects, there are many other leaders in the United States and other countries that think the current situation is a bad one. El Salvador...