Tag Archives: El Salvador

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...

Recent survey conducted by TResearch estimated that nearly 93% of Salvadorans approve of the leadership of President Nayib Bukele. This has been the highest level of support for the political leader who stepped into his role in 2019. Bukele is a well-known figure across the cryptocurrency community, mainly due to his pro-Bitcoin stance. Under his rule, El Salvador became the first country to adopt the primary digital asset as a legal tender.  Salvadorans are Satisfied With...

An El Salvador-based Bitcoin firm has begun the first phase of a planned $1 billion investment into sustainably powered digital asset mining in the country. The firm behind the project, “Volcano Energy,” said in a press release that its chief goal is to “position El Salvador as a prominent global player in the Bitcoin mining industry.” A Special Anniversary Announcement Volcano Energy’s announcement comes exactly two years after El Salvador President Nayib Bukele revealed...

El Salvador President Nayib Bukele has onboarded Saiffedean Ammous – author of The Bitcoin Standard – as an Economic Advisor to the National Bitcoin Office of El Salvador. In his role, the author will “advise on matters related to various economic policies,” while supporting Bukele’s policy of “economic liberty and bitcoin,” according to a Bitcoin office statement.  Economic Advice From Bitcoiners President Bukele met with the Ammous last week to discuss a range of topics...

In the dynamic world of cryptocurrencies, where innovation and volatility often go hand in hand, certain events have the power to send shockwaves through the entire industry. From groundbreaking partnerships to catastrophic crashes, the crypto realm has witnessed its fair share of astonishing moments that have left investors, enthusiasts, and skeptics alike in awe. In this article, we’ll take a walk through memory lane, reviewing eight extraordinary events that have not only...

Remittances in Bitcoin and other cryptocurrencies sent to El Salvador fell 17.8% during the first two months of 2023 compared to 2022, according to recent data published by the country’s Central Reserve Bank (BCR) reported by Agencia EFE. As per the statement, El Salvador received a total of $15.98 million in remittances via cryptocurrencies. This amount represents a decrease of $3.47 million compared to the same period during the previous year when the country registered...

Bitfinex became the first cryptocurrency exchange to be registered as a Digital Asset Service Provider (DASP) by the regulators of El Salvador. The Latin American country is a pioneer in the industry, embracing bitcoin as a legal tender in 2021. Under the rule of President Nayib Bukele, it purchased amounts of the primary cryptocurrency on a macroeconomic level and launched numerous BTC-related initiatives. ‘Delighted to Be the First’ In a recent blog post, Bitfinex described...

The Bank of Zambia has announced it’s considering adopting digital currency legislation so that it can test the technology behind crypto to see about its viability as a payment method. Zambia Sees Crypto in a Whole New Light Felix Mutati – the technology and science minister in Zambia – stated in a recent interview: The testing of the technology on regulating cryptocurrency will be upscaled in due course as part of deliberate measures to achieve an inclusive digital...

A survey carried out by one of the leading daily newspapers in El Salvador – La Prensa Grafica – determined that President Nayib Bukele has the support of 91% of the locals.  The media outlet is known as an opposition to the ongoing political regime in the Central American country, prompting the leader to doubt that the figure might be even higher. Bukele’s Record Approval Rate El Salvador’s President, who took the helm in June 2019, enjoys one of the highest approval ratings...