Tag Archives: El Salvador

Nayib Bukele – the President of El Salvador – revealed that the government repaid its $800 million bond plus interest the same day it was set to mature. Settling the bond comes despite the pessimistic views that the nation will experience financial challenges due to its bitcoin forays. ‘We Just Paid in Full’ El Salvador’s political leader, who is among the biggest proponents of bitcoin, announced the news on Twitter, regretting that most international media outlets did not...

One of the poorest countries – the Central African Republic (CAR) – formed a team of 15 agencies, whose responsibility will be to draft a “comprehensive” cryptocurrency bill. The nation made the headlines last year, becoming the second after El Salvador to embrace bitcoin as a legal tender. Another Crypto Step Faustin-Archange Touadéra – President of the Central African Republic (CAR) – revealed that the government established a committee of 15 experts to design a pertinent...

Vor wenigen Tagen fand in  Louisiana die Vorrunde für die Wahl zur Miss Universe 2023 statt. Dabei wurden alle Kandidaten vorgestellt. Ein Kleid fiel an der Abschlussgala dann doch besonders auf: Das von Francisco Guerrero gestaltete Bitcoin-Kleid. Genau, die Vertreterin von El Salvador hat sich und die digitale Währung ziemlich ins Lampenlicht gerückt. Bekommt jetzt Bitcoin endlich das, was dem Ganzen bis anhin fehlte: Etwas Glamour? In jedem Fall...

The Miss Universe 2023 contest had various show-stopper moments during its National Costume Competition today.  But for the cryptocurrency sector, it came when El Salvador’s Alejandra Guajardo sashayed the stage in a Bitcoin suit.  Alejandra Guajardo. Source: RedditBTC on Miss Universe Stage  The 27-year-old actress and model showcased the evolution of her country’s currency through a dress she wore at the Miss Universe contest. She came on stage in a golden bitcoin outfit,...

El Salvador faced a tough year after making Bitcoin legal tender in the country. But the country’s Legislative Assembly voted to pass a historic – Digital Asset Issuance legislation – that is expected to set the stage for the issuing of President Nayib Bukele’s bitcoin bonds, aka, the Volcano Bonds. The new law will focus on setting up a legal framework around the issuance of digital assets and the wider crypto classification, which includes every other type of digital asset...

Sitiveni Rabuka became Fiji’s 12th Prime Minister after winning the country’s elections earlier this month. The 74-year-old, commonly known by his nickname “Rambo,” is a proponent of bitcoin. Former member of Parliament of Tonga Lord Fusitu’a applauded the Rabuka for his success, supporting the idea of Fiji and Tonga embracing the primary cryptocurrency as legal tender in 2023. ‘Let’s Go 2 for 2’ The People’s Alliance Party (PAP) became the new ruling political group in the...

El Salvador has lost so much for buying bitcoin that it’s now engaging in a new free-trade plan with China, something that’s causing many analysts to worry. They believe El Salvador’s sovereignty will eventually be up for sale, which could put the Central American nation into an even darker place. How Much Trouble Is El Salvador in? El Salvador has lost money due to its love for bitcoin. The country was the first in the world to declare bitcoin legal tender, doing so in...

Nayib Bukele – the president of El Salvador – has issued a tweet saying he is going to be purchasing at least one bitcoin every day during the present market slump. Right now, BTC is trading in the $16K range, and the nation is looking to take advantage of the collapsing price. El Salvador Clearly Still Loves BTC The maneuver is stirring mixed reactions from analysts, some of whom claim it will ensure El Salvador’s digital dominance when the market repairs itself. They...

The number of bitcoin automated teller machines (ATMs) has surged in accordance with the development of the cryptocurrency industry. The first such machine saw the light of day in October 2013. Needless to say, the industry has expanded by leaps and bounds since then, propelling massive interest and, in turn, more ATMs.  Currently, there are 39,678 such devices spread across 84 countries, with over 85% located in the United States of America. An Overlook of the Map...

Satoshi Nakamoto was last active on the popular and veteran bitcointalk forum on this date 13 years ago. Nakamoto did not want to be a “mysterious shadowy figure.” Instead, the creator of the world’s largest crypto-asset wanted to focus on the open-source project and give more credit to the dev contributors. Source: Bitcointalk“More Work To Do” Over a decade later, the identity of Satoshi Nakamoto continues to be an unsolved mystery. The Bitcoin creator contributed...