El Salvador
World Bank Refuses El Salvador’s Request to Assist Bitcoin Currency Adoption
The World Bank rejects offering technical assistance for El Salvador to implement its Bitcoin adoption agenda given environmental and transparency concerns.
CABEI Offers Assistance to Support El Salvador’s Bitcoin Adoption
The Central American Bank for Economic Integration (CABEI) disclosed that the institution would offer assistance to El Salvador to enable Bitcoin as flat money.
IMF Concerns El Salvador Bitcoin Adoption as Legal Tender
The International Monetary Fund (IMF) expressed their concerns over the recent adoption of legalising Bitcoin (BTC) as a legal tender in El Salvador.
El Salvador President Proposes Volcanic-Powered Bitcoin Mining System
El Salvador is considering building a Bitcoin mining hub around its volcanoes.
El Salvador Becomes the First Country to Accept Bitcoin as Legal Tender
El Salvador has just become the first country to adopt bitcoin as legal tender. El Salvador President Nayib Bukelet welcomed the adoption and said that is a historical moment.
Scholar Disagrees BTC as the medium of Legal Tender
Roger Svensson, Associate Professor of the Institute of Industrial Economics, suggests that Bitcoin (BTC) is unsuitable as a medium of flat money for international currency.
El Salvador Seeks To Be The First Country To Legalize Bitcoin as Legal Tender
El Salvador President Nayib Bukele intends to introduce a bill that would make Bitcoin legal tender.
Bitcoin Economy Gives El Salvador Village Hope Amidst COVID-19
Despite being heavily impacted by the COVID-19 pandemic, a small beach town in El Salvador, dubbed El Zonte, have strived to keep their economy afloat with the integration of Bitcoin as a digital currency.