El Salvador | ForkLog

ForkLog 9 01.07.2022

El Salvador buys 80 BTC as Bitcoin price slides

On Thursday, June 30, the Salvadoran government purchased an additional 80 BTC for a total of $1.52 million. This was announced by President Nayib Bukele.

AI translated

ForkLog 16 19.06.2022

El Salvador’s president tells investors not to worry about bitcoin price drop

El Salvador's President Nayib Bukele urged bitcoin investors not to worry about the price of the leading cryptocurrency. He said that investments in digital gold will grow immensely after the bear market ends.

AI translated

ForkLog 18 13.06.2022

El Salvador’s unrealized loss from Bitcoin reserves hits $46 million as Bitcoin falls

The 'paper' loss from El Salvador's holdings of Bitcoin in the state fund exceeded $46.1 million, according to Buy Bitcoin Worldwide.

AI translated

ForkLog 11 03.06.2022

El Salvador says it is not ready to issue Bitcoin bonds in the near term

Conditions are not yet favourable for El Salvador to issue $1 billion in Bitcoin bonds. This was stated by the country's finance minister, Alejandro Zelaya, The Block reports.

AI translated

ForkLog 16 10.05.2022

El Salvador bought an additional 500 BTC as the price fell below $30,000

In the early hours of May 10, Bitcoin's price briefly dipped below $30,000. At one point it fell to $29,731 (Bitstamp).

AI translated

ForkLog 7 02.05.2022

Bitso Details Success of El Salvador’s Chivo Bitcoin Wallet

El Salvador's bitcoin wallet Chivo has achieved great success since its launch in 2021, according to Bitso's chief regulatory officer Felipe Vallejo in an interview with Cointelegraph.

AI translated

ForkLog 9 26.04.2022

Poll shows El Salvador’s failure in Bitcoin experiment

Over several months, the use of the first cryptocurrency in El Salvador has not gained mass adoption. This is evidenced by data from a representative survey by the American National Bureau of Economic Research.

AI translated

ForkLog 5 20.04.2022

Former El Salvador central bank chief: Bitcoin legalization ‘killed’ ties with the IMF

El Salvador has failed to find common ground with the International Monetary Fund (IMF), and negotiations with it are 'virtually dead'. This view was voiced by the former head of the country's central bank, Carlos Acevedo, according to ElSalvador.com.

AI translated

ForkLog 3 06.04.2022

Congress develops bill to mitigate risks from El Salvador’s Bitcoin adoption

In the U.S. House of Representatives, the Crypto Accountability Act in El Salvador (ACES) was introduced for consideration, aimed at mitigating the risks of adopting Bitcoin as a payment method in that country.

AI translated

ForkLog 11 24.03.2022

El Salvador postpones bitcoin-bond issue

The Salvadoran authorities postponed the issue of bonds backed by the first cryptocurrency, awaiting more favourable conditions in the global financial markets.

AI translated

ForkLog 7 22.02.2022

El Salvador links tourism boom to Bitcoin legalization

After adopting Bitcoin as a payment method, tourist traffic to the country rose by 30%, according to Tourism Minister Morena Valdés.

AI translated

ForkLog 6 17.02.2022

US Senate proposes to mitigate risks from El Salvador’s Bitcoin legalization

A group of members of the Senate Foreign Relations Committee has put for consideration a bill on cryptocurrency responsibility in El Salvador. It envisions a plan to mitigate potential risks to the U.S. financial system.

AI translated

#El Salvador