Friday, November 26, 2021
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Tag: nayib bukele

El Salvador Warned by IMF Over Use of Bitcoin as Legal Tender

The International Monetary Fund (IMF) has recommended that El Salvador stop using Bitcoin as legal tender, pointing to financial and consumer risks associated...

El Salvador Plans World’s First Bitcoin City

<!-- -->El Salvador plans to build world's first Bitcoin cityEl Salvador plans to build the world's first "Bitcoin City", funded initially by bitcoin-backed bonds, President...

El Salvador Will Spend Its Bitcoin Profits on 20 New Schools

El Salvador made Bitcoin legal tender not too long ago but the country's Bitcoin Trust has already gained millions in profit, and the...

El Salvador’s Crypto-Treasury Now Richer by 420 Bitcoins

El Salvador, the country that became first in the world to legalise Bitcoin as a legal tender in September, continues to keep adding...

El Salvador President Plans to Build Pet Hospital With Bitcoin Profits

El Salvador President Nayib Bukele has said his government will fund a new veterinary hospital with the profits gained from Bitcoin. He also...

Ethereum Co-Founder Slams El Salvador’s Bitcoin Adoption Process

El Salvador officially adopted Bitcoin in September. However, the move by El Salvador has garnered some criticism from Ethereum co-founder Vitalik Buterin. El...

El Salvador Mines Its First Bitcoin Using Energy From Volcano

El Salvador President Nayib Bukele has tweeted that his country has mined Bitcoin, the world's largest cryptocurrency, using energy from a volcano. He...

El Salvador President Teases Bitcoin Mining Centre Being Set Near Volcano

Nayib Bukele, the President of El Salvador posted a 25-seconds long video that promises the “first steps” in Bitcoin mining. The footage showed...

Over 2 Million Salvadorans Using Official Crypto Wallet, Says President

Nayib Bukele, the President of central American country El Salvador has claimed that the government-backed cryptocurrency wallet named Chivo is now being used...

El Salvador’s President Promotes Buying the Dip as Bitcoin Price Tumbles

El Salvador President Nayib Bukele, whose country adopted Bitcoin as a legal tender on September 9, has advised citizens to “buy the dip”....

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