El Salvador

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El Salvador: The Only Country in the World That Uses Cryptocurrencies as Legal Currency

3 Jul 2024 5 minute read 3 comments Simo_23

The Republic of El Salvador, a Central American country bordered by Guatemala and Honduras, has embarked on a completely innovative financial policy: since 2021, it has been possible to use Bitcoin as legal currency. Until the late 1930s, El Salvador...

iFinex is helping El Salvador regulate crypto

14 May 2024 1 minute read 0 comments Yugocean

  iFinex is helping El Salvador regulate crypto   iFinex will help Nayib Bukele government of El Salvador, in developing laws, regulations and guidelines related to the crypto world. This is the first time a crypto company is helping the Government o...

Did You Know These Countries Are also HODLing Bitcoin?

12 May 2024 1 minute read 1 comment Bfab

While I was catching up on the latest Binance news about their El Salvador collab, I stumbled upon something mind-blowing. Apparently, the US government isn't just keeping an eye on crypto – they're HODLing a hefty bag of it too! 🇺🇸 According to a re...

Now Bitcoin's about to break ATHs cringetubers suddenly no longer care to calculate El Salvador's investment

4 Mar 2024 1 minute read 9 comments Kovichni

Look no further if you are entertained by cringe and sheer stupidity of ''content creator influencers'' aka bottom feeding adrev sucking filth that slime around on Youtube. A place that actually started blocking you from videos if you used an adblock...

The Most Crypto Friendly Countries

17 Feb 2024 1 minute read 3 comments Bfab

I recently read an interesting article from Binance about Switzerland's embrace of cryptocurrencies. As someone who's constantly dreaming of the next crypto frontier, it sparked a thought: Could this land of cheese and mountains be my future investme...

Bitcoin Maximalist Nayib Bukele wins El Salvador elections again

5 Feb 2024 1 minute read 4 comments Yugocean

     Nayib Bukele, the statesman who took the initiative to make Bitcoin a national economic policy, again wins elections in El Salvador.     Bitcoin Economy      The World Bank has reported El Salvador's poverty rate at 28.4%, with 1.8 million peop...

ETF effect: El Salvador earns $12M because of Bitcoin

9 Jan 2024 1 minute read 0 comments Vibrantstories

Introduction:   The country had more than 2500 satoshis of Bitcoin in the past, and with this accumulation of units, they were able to achieve a substantial profit today The anxiety over the Bitcoin-backed ETF proposed in the USA by BlackRock, which...

Bitcoin In El Salvador

7 Nov 2023 2 minute read 0 comments OfTheFreeMarket

“We bought the dip” – President Nayib Bukele Yesterday marked a historic day for the world. El Salvador has become the first country to make Bitcoin it’s legal tender, that’s huge! Now that Bitcoin is their legal tender all eyes will be on El Salvado...

The Crypto Revolution Is Here

23 Oct 2023 1 minute read 0 comments OfTheFreeMarket

“For smaller countries, bitcoin is a superior solution to their own fiat currency in many ways,” -Matthew Le Merle, managing partner at Blockchain Coinvestors   BTC is the key to a corruption free economy for some countries, to others it is a beacon...

Bitcoin As legal Tender: A Gamble for El Salvador?

9 Sep 2023 3 minute read 1 comment Coins Reporter

Some people would argue that Nayib Bukele, by making Bitcoin a legal tender, played a gamble to save the decaying economy of his motherland. There are many who would hit back and say Nayib was right and just made crypto-currency a currency for regula...