A positive feedback loop is being created between El Salvador’s bitcoin education programs and crypto companies looking for a ...
El Salvador has rushed to approve an amendment that will keep it compliant with the terms of its $1.4 billion IMF loan.
But one of the country’s most rewarding successes has been its extensive Bitcoin-centric education program, according to Stacy Herbert, director of El Salvador’s Bitcoin Office. “Bitcoin ...
El Salvador shook the world in 2021 when President Nayib Bukele made bitcoin (BTC) legal tender, giving the cryptocurrency the same status as the U.S. dollar, the Central American nation’s ...
El Salvador has approved amendments to its Bitcoin laws, aligning with a deal struck with the IMF to scale back its crypto ...
Jay Strunk, who had been serving as vice president, was elected president and Bill Thompson was elected vice president.
The new amendments remove the requirement for businesses to accept Bitcoin as payment, making its use voluntary across the private sector.
El Salvador bought 11 Bitcoin worth more than $1 million at the time of writing—despite pressure from the IMF to back off BTC ...