The government said on Tuesday that it was postponing the issue of bitcoin bonds. Bitcoin has been up 2.19% in the last 24 hours. According to El Salvador’s ambassador to the United States, the Central American government is looking to the cryptocurrency exchange Binance for assistance in implementing bitcoin as
The Mexican Senator of Nuevo Leon plans to accept Bitcoin (BTC). Indira Kempis Proposes to legalize BTC as legal tender in Mexico. The Senator follows the footprints of El Salvador to adopt BTC. As the Mexican Senator, Indira Kempis is very eager to make the country a crypto-friendly space, she
Most of the site’s visitors were from the Central American isthmus before. El Salvador’s tourism has surpassed the projections, with 1.4 million visitors. As of September 2021, the introduction of Bitcoin (BTC) as a legal currency in El Salvador has significantly increased GDP and tourist growth. According to Salvadoran Tourism
Despite reports that Ukraine is considering legalizing cryptocurrency and the possibility of conflict breaking out between Russia and Ukraine, the global crypto market has continued to trade downward. The global cryptocurrency market capitalization had fallen 2.66 percent to $1.82 trillion. Moreover, with a total value of $61.88 billion, the crypto
The country’s Treasury acquired another 410 Bitcoins. Right now, the Central Bank of El Salvador has almost 1400 BTC on hand. On Saturday, the 22nd of January, the wider cryptocurrency market was down 8%. Investors have lost more than $350 billion in the crypto market so far on the second
The House of Representatives will get the bill by September or October. Considering long-term savings, the concern is Bitcoin’s benefits in remittances. Former Tonga MP Lord Fusitu’a has stated that the country’s legal tender law for Bitcoin is “modeled on” and “almost identical” to El Salvador, which has enacted a
Bitfinex is the bookmaker for the bonds. With a yield of 6.5 percent, the bond would be worth $1 billion. El Salvador became the world’s first country to recognize Bitcoin as legal cash in 2021 under President Nayib Bukele. Thanks to the legislation, volcano Bonds, a $1 billion Bitcoin bond
El Salvador plans to set up a Bitcoin city at the foot of a volcano. The $1 billion bond issue would support President Bukele’s Bitcoin City plan. El Salvador is the first nation to approve Bitcoin as legal money. Fears of instability and inflation sparked large-scale demonstrations in the Latin
Bitfinex alone has enough whales to fund the $1 Billion Bitcoin bond. El Salvador is currently at the forefront of Bitcoin initiatives. After being the first nation to do so, El Salvador quickly becomes the “capital of Bitcoin.” The nation plans to launch a revolutionary project named the “Bitcoin City”
Colombia is a restrictive country with a legal environment for digital currencies as it is a big deal to operate crypto businesses within the country. Besides, all the banking institutions are prohibited to provide funds for cryptocurrency firms. Colombia is not a crypto friendly country in comparison to other African
