Tag: Salvadors
Thanks to Bitcoin? El Salvador’s rating upgraded
El Salvador’s credit rating was upgraded by the rating agency S&P Global Ratings. There are definitely good reasons that the Bitcoin nation’s rating should continue to improve in the coming…
Largest prison in the world – “El Salvador’s president wants to prove his hard hand” – News
A prison for 40,000 inmates has opened in El Salvador in Central America – one of the largest prisons in the world. The mega prison is a project by President…
El Salvador’s president locks down cities
With an iron hand, Nayib Bukele is pushing down the murder rates in the Central American country. The price for this: a permanent state of emergency and the omnipotence of…
Bitcoin, and now the crypto industry in El Salvador’s sights?
Bitcoin is good, cryptos are better? – Far from being frightened by the turpitudes of this turbulent bearmarket, El Salvador is preparing to double its bet. This small country that…
El Salvador’s Bitcoin Strategy: Buy One BTC Every Day
Accumulate BTC every day – As we mentioned recently, and despite the appalling bankruptcy of FTXthe Salvador hasn’t sold any of his bitcoins. From now on, the Central American country…
"CC": El Salvador’s credit rating downgraded again
Rating agency Fitch downgraded El Salvador’s credit rating for the second time in a year. Source: BTC ECHO The post Rating agency downgrades El Salvador’s credit rating again appeared…
El Salvador’s adoption of bitcoin as official currency turns into economic disaster
Vincent Mannessier September 09, 2022 at 11:02 a.m. 73 © Kanchanara/Unsplash El Salvador, which adopted the bitcoin as the official currency in September 2021, is biting its fingers. It was…
El Salvador’s ‘Bitcoin Davos’ Wasn’t Really About Cryptocurrencies
Representatives of 44 banking institutions gathered in El Salvador for a summit on financial inclusion. The president, Nayib Bukele, has focused on bitcoin, but central banks have not spoken only…
Bitcoin and Chivo: El Salvador’s BTC Wallet Shows ‘Strong Signs’ of Adoption
Bitcoin adoption is growing – Barely a few weeks after the salvador has made Bitcoin a legal tender currency (September 7, 2021), already 2.1 million of the 6.4 million Salvadorans…
This MP wants to ‘protect’ the US from El Salvador’s bitcoin adoption
The Western view of El Salvador’s monetary policy remains characterized by great distrust. A new legislative proposal in the US House of Representatives is therefore intended to examine risks associated…
Bitcoin: El Salvador’s ‘volcano bonds’ have delayed ignition
Still a little patience for bonds – Announced last November by the President Bukeléit would seem that the issuance of volcano leaps » does not meet the deadlines. Bitcoin City…
Bitcoin Legalization: Will Malaysia Follow El Salvador’s Example?
The Ministry of Communications in Malaysia would like to make cryptocurrencies legal means of payment. This is a response to the recently increased adoption among the younger population. Source:…