El Salvador

On June 9, 2021, the Central American nation of El Salvador became the first country in the world to adopt Bitcoin (CRYPTO: BTC) as legal tender. The move meant that Salvadoran residents could pay taxes in the apex coin and use it for transactions while making purchases. At the time, President...

El Salvador's president Nayib Bukele decided to buy the Bitcoin (CRYPTO: BTC) dip and acquire 500 BTC, setting an example that was followed by another prominent industry figure. What Happened: In a Tuesday tweet, Tron (CRYPTO: TRX) founder Justin Sun...

The Central African Republic has reportedly become the second country to adopt Bitcoin (CRYPTO: BTC) as legal tender. What Happened: The sub-Saharan nation’s National Assembly unanimously adopted a bill to adopt the apex coin as legal tender, according to a report from Forbes Monaco. ...

After El Salvador’s Congress made Bitcoin (CRYPTO: BTC) legal tender last year, a village in the country made headlines for showing the rapid adoption of Bitcoin in the entire region.  At the El Zonte village, residents and visitors have been able to use Bitcoin to pay for anything...

Samson Mow — the former chief strategy officer at major Bitcoin (CRYPTO: BTC)-centric tech firm Blockstream — has launched JAN3, a company raising $21 million at a $100-million valuation to accelerate Bitcoin adoption. What Happened: A Thursday Reuters report ...

El Salvador’s President Nayib Bukele said he is canceling his participation in the upcoming Bitcoin (CRYPTO: BTC) conference due to “unforeseen circumstances” in his home country. What Happened: The Salvadoran leader’s announcement was made in a letter shared by The Bitcoin...

Vietnam is researching cryptocurrencies and their impact as it prepares to build a legal framework that could integrate digital assets such as Bitcoin (CRYPTO: BTC) into its digital economy. What Happened: Vietnam’s Deputy Prime Minister Le Minh Khai ordered the country’s...

Nayib Bukele, the president of El Salvador, appealed to his 3.6 million Twitter Inc (NYSE: TWTR) followers to not spread “Reuters FUD.” What Happened: In a tweet on Thursday, Bukele refuted a reported published by Bitcoin Magazine, which citing Reuters, said that El Salvador’...

Senators James Risch (R-Idaho), Bob Menendez (D-N.J.) and Bill Cassidy (R-La.) introduced the "Accountability for Cryptocurrency in El Salvador (ACES) Act" to investigate the impact of El Salvador's adoption of Bitcoin (CRYPTO: BTC) as legal tender, and the country's...

El Salvador, the first country to adopt Bitcoin (CRYPTO: BTC) as legal tender, is turning to Binance for help in its quest to issue bonds denominated in the apex coin. What Happened: The Central American nation is seeking the Chanpeng Zhao-led cryptocurrency...

El Salvador has postponed the issue of $1 billion worth of Bitcoin (CRYPTO: BTC) backed bonds. What Happened: According to a report from Reuters on Wednesday, the government opted to postpone the bond offering because prevailing market conditions are unfavorable...

Salvadoran President Nayib Bukele is pointing out how limited Bitcoin's (CRYPTO: BTC) supply really is, suggesting that it will inevitably lead to a drastic increase in its price over time. What Happened: In a Monday tweet, Bukele wrote that there are 50 million millionaires in the world,...

The president of El Salvador, Nayib Bukele is going all bullish on Bitcoin (CRYPTO: BTC) despite a recent lull in price action. At the time of publication, Bitcoin was trading at $37,227, down 1.96% in the last 24 hours. At present prices, Bitcoin is down 45.89% from all-time highs of $69,000...

An Arizona Senator has proposed making Bitcoin legal tender in the state, which could make it the first state to do so in the United States. Here are the details. What Happened: Arizona State Senator Wendy Rogers, a  Republican, has introduced legislation that would make Bitcoin (CRYPTO:...

The International Monetary Fund (IMF) criticized Bitcoin (CRYPTO: BTC) and warned Salvadorans to rethink the idea. What happened: On Jan. 26, the IMF warned the citizens of El Salvador about crypto adoption which recently saw a couple of dissenting replies from Salvadorans, Decrypt reports. A...