Tag: El Salvador

Senadora Indira Kempis propone proyecto de ley para legalizar Bitcoin en México

Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education.......

Presidente salvadoreño a inversionistas de Bitcoin: Su inversión en BTC es segura, Crecerá inmensamente después del mercado bajista

El presidente de El Salvador tiene algunos consejos para los inversionistas de bitcoin. He believes investments in the largest cryptocurrency are safe and willimmensely growafter the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele,......

Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks

One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvadors long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The adoption of bitcoin as legal tender......

El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender

El Salvador has rejected the recommendation by the International Monetary Fund (FMI) to drop bitcoin as legal tender. The countrys finance minister reportedlyangrily” dijo, “No international organization is going to make us do anything, anything at all.El Salvador Says......

IMF Tells El Salvador: Los costos de hacer que la moneda de curso legal de Bitcoin supere los beneficios potenciales

The International Monetary Fund (FMI) has told El Salvador that the costs of implementing the countrys Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve theFidebitcointrust fund......

Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament

The Kingdom of Tonga may adopt bitcoin as legal tender, according to a former member of Tongas parliament, Lord Fusitu’a, who tweeted about a possible timeline for this event to occur. Fusitua believes that by next fall a bill will be......

Devere Group CEO Predicts 3 Countries Will Adopt Bitcoin as Legal Tender This Year

The CEO of financial advisory and asset management firm Devere Group has predicted that three countries will adopt bitcoin as legal tender this year. He is more bullish than El Salvadors president who predicted that two countries will make bitcoin their......

El Salvador Drafts 20 Proyectos de ley para la estructura legal de los bonos de Bitcoin: fondos que se utilizarán para construir la ciudad de Bitcoin, Comprar BTC

El Salvador is preparing to introduce 20 bills to provide a legal framework for its upcoming bitcoin bonds. The funds raised will be used to build infrastructure for Bitcoin City and buy more bitcoin, the Salvadoran government explained. El Salvador Drafting......

Bitcoin Will Be Legal Tender in 2 More Countries This Year, El Salvador’s President Predicts

El Salvador’s president has made six predictions relating to bitcoin for 2022. He expects two more countries to adopt bitcoin as legal tender this year. Mientras tanto, he expects El Salvadors Bitcoin City to commence construction during the year and his countrys......