El Salvador Aims To Bring Investment To Bitcoin City – Ambassador
El Salvador became the first nation to make Bitcoin a legal tender in September 2021. Currently, the country is focused on building a Bitcoin City. There have been many delays ...
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Tag: El Salvador
Honduras Attracts Many Crypto Investor Tourists With Bitcoin Valley
Many businesses in the tourist town of Santa Lucia are now accepting Bitcoin payments with high hopes of spurring tourism spending. A small tourist town in Honduras has started accepting ...
El Salvador Loses $38M In Bitcoin Implosion, Faces Possible Default
El Salvador’s president Nayib Bukele is a major bitcoin enthusiast. Nonetheless, his push into crypto has left the nation facing the possibility of default, which is a situation made worse ...
El Salvador President Introduces Layout Of Bitcoin City ‘Crypto Utopia’
The flagship project of the bitcoin-loving president is being developed in the shadow of a volcano. According to President Nayib Bukele, the construction of Bitcoin City in El Salvador will ...
Bitcoin ATM Installation Go-Slow Continues For 4th Consecutive Month
There is an evident reduction in the installations of crypto ATMs. Analysts and experts believe that it might have resulted from regulators’ hesitance to adopt the Bitcoin systems. April 2022 ...
El Salvador Reintroduces Chivo Wallet, Aims To Install 1,500 Bitcoin ATMs
El Salvador became the first country to adopt Bitcoin (BTC) as a legal tender. The country has now relaunched its in-house Chivo wallet to address the current hiccups of Bitcoin ...
El Salvador Acquires Its Cheapest 410 BTC As Prices Drop Below $36K
President Nayib Bukele confirmed that the acquisition of 410 BTC was made against $15 million, placing the trading price at around $36,585 per BTC. The Central American nation of El ...
El Salvadorans Report Their Bitcoin Disappearing From State-Sponsored Chivo Wallet
Hundreds of El Salvador citizens have inexplicably lost bitcoins stored in the state-owned crypto wallet Chivo. After the country adopted Bitcoin as a legal tender, hundreds of citizens purport that ...
Myanmar’s Interim Government Approved Tether (USDT) As Legal Tender
Reports have confirmed that the National Unity Government (NUG) of Myanmar has successfully approved the Tether stablecoin (USDT) as a legal dollar proxy for domestic transactions. According to a Bloomberg ...
Gemini Partners With Bancolombia To Expand Crypto Services In Colombia
Gemini, one of the leading global crypto exchanges, has successfully partnered with Colombia's largest bank Bancolombia to expand crypto services in the country. In a November 6 announcement, the New ...