Cryptocurrency: How Is It Being Used Today?
Cryptocurrency is a broad term used to describe all of the digital assets created since the inception of Bitcoin in January of 2009. Cryptocurrency is broken up into three basic categories, coins, tokens and stablecoins, which, in and of themselves,
Bank of England Says Bitcoin Too Volatile To Be Legal Tender
The use of Bitcoin is constantly evolving. Bitcoin is no longer just a speculative asset, it has seen adoption not only a reserve asset for businesses, but as legal tender for countries. El Salvador made headlines because it was the first
El Salvador To Create Bitcoin City
El Salvador has announced plans to build a Bitcoin city. The country has been making notable measures to boost the adoption of Bitcoin ever since it announced the launch of Bitcoin as a legal tender in September. As part of pushing
El Salvador Issues Discount On Fuel For Chivo Wallet Users
https://twitter.com/nayibbukele/status/1443410462129983490 El Salvador has been adamant in its plans to implement the Bitcoin law. The government has now announced that it will be offering discounts to those who use the Chivo wallet to purchase fuel. The discount in question has been set
El Salvador’s Opposition Party Files Lawsuit Claiming Bitcoin Law Unconstitutional
After creating history by becoming the first country to accept Bitcoin as legal tender, El Salvador is off to a rough start. The bold move made by the country’s president, Nayib Bukele, has been facing opposition on many fronts. The most
El Salvador Considers Paying Workers in Bitcoin
https://twitter.com/1077Fuego/status/1404821535660167168 After passing a bill that will make Bitcoin a legal tender, the El Salvadorian government has gone a step further by considering paying salaries in Bitcoin. Last week, the crypto community got exciting news about El Salvador’s position on Bitcoin in
El Salvador Remittance Firms Hesitant To Adopt Bitcoin
El Salvador has made headlines in the past two weeks after its legislature passed a bill approving Bitcoin as legal tender. This means that Bitcoin would be used as legal tender in the Central American country alongside the U.S. dollar. Among
El Salvador First Country To Accept Bitcoin As Legal Tender
The last several days have been a whirlwind in El Salvador for Bitcoin. It started with the announcement from the President of El Salvador, Nayib Bukele at the Bitcoin 2021 conference in Miami. During the conference he made a monumental