El Salvador, the first country to make Bitcoin a legal tender continued with its BTC traditions and bought the dip yesterday. President Nayib Bukele took to Twitter to announce they…
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Kazakhstan Aims to One Up El Salvador In Clean Bitcoin (BTC) Mining, Here’s the Plan
by Mikiby MikiEl Salvador has become a benchmark for other nations on how to integrate Bitcoin (BTC) and use it for the progress of society. The small Central American nation adopted BTC…
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The Salvadoran President, Nayib Bukele recently took to Twitter to comment against Sweden’s long-standing anti-Bitcoin Mining stance. While replying to a tweet that jokingly taunted El Salvador’s Volcanic energy use…
- Blockchain
IMF Warns of Economic Instability in El Salvador Owing to Broad BTC Adoption
by Mikiby MikiThe International Monetary Fund (IMF) has expressed its scepticism about the role of Bitcoin (BTC) in helping El Salvador maintain financial stability. As contained in the concluding statement of the…
- Bitcoin
IMF Strikes Back! Warns El Salvador against the use of Bitcoin as Legal Tender
by Mikiby MikiThe International Monetary Fund (IMF) took yet another anti-crypto stance, this time around, by warning El Salvador of its Bitcoin Legal Tender posing a potential threat to financial stability. In…
- Bitcoin
IMF Report On El Salvador Is Positive… Except For Everything Bitcoin-Related
by Mikiby MikiIn a recent report, the IMF praises the way El Salvador handled the COVID-19 situation and announces that their economy grew 10% in 2021. The International Monetary Fund also recognizes…
- Blockchain
El Salvador to Build the World’s First Bitcoin City, Funded by Bitcoin Bonds
by Mikiby MikiIn yet another move to showcase its love for Bitcoin, El Salvador’s President, Nayib Bukele, has unveiled the country’s plans to build the first fully functional Bitcoin city. This project…
- Bitcoin
El Salvador Announces World’s First Bitcoin City, Backed By $1B Bitcoin Bonds
by Mikiby MikiEl Salvador is currently the only country in which Bitcoin (BTC) is legal tender. This move has witnessed many developments, as well as some pushback. Amid protests, technical glitches, and…
- Bitcoin
El Salvador Announces Bitcoin City, Plans to Issue $1 Billion In Tokenized Bitcoin Bonds
by Mikiby MikiThe Latin American country El Salvador has announced its plans to launch the world’s first ‘Bitcoin City’. Country President Nayib Bukele took the center stage at an event on Saturday,…
- Bitcoin
There Are More People Using Bitcoin Wallets Than Bank Accounts, Says El Salvador President
by Mikiby MikiEl Salvador had made history when it became the first sovereign nation to make bitcoin a legal tender. The September 7 official adoption had sent the entire space into jubilation…
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