Browsing: el salvador
Almost 1400 Bitcoins in El Salvador at the end of 2021. BitGo and Bitso could be El Salvador’s BTC providers, although the Government hasn’t officially confirmed it.
A community of around 40 families in Ecuador started working with Bitcoin as their local currency. This new experiment is based on the movement called Bitcoin Beach.
The Bitcoin City will be round, with a plaza in the center and a giant carved “B,” one of the main objectives of attracting foreign investors and tourists. The city will be provided with geothermal energy and almost free of taxes (except local VAT).
Vitalik Buterin rejects the adoption of bitcoin and does not accept that bitcoiners are applauding Bukele’s measures, without criticizing them. The Russian-Canadian programmer believes that adoption without education is dangerous.
El Salvador official documents to be stored on the Algorand Blockchain. In addition to official documentation, property titles and exchanges between private parties will be stored. This new functionality is expected to be ready before the end of the year.
El Salvador bought its first bitcoin with more investments in crypto announced. The operation with the cryptocurrencies was carried out through the Mexican exchange Bitso. The government would have invested more than US$20 million.
Criptoavila Bitcoin Mining Museum has a model mine for visitors to learn about the activity. Those interested in cryptocurrency mining will appreciate the evolutionary process of the equipment.
Coincaex is a Guatemalan Crypto-Exchange that offers the best performance and rate in the market when buying and selling cryptocurrencies through them. Having the fastest and most efficient services, are the Company’s promises in Latin America.
The IMF warns that Crypto can pose significant risks, claiming to be closely following the events of making Bitcoin adoption a legal tender, that is taking place in El Salvador, and it is potentially damaging negotiations.
The Legislative Assembly of El Salvador approvess the Bitcoin Law with a qualified majority, becoming the first country in the world to give legal tender to the first cryptocurrency.