IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use

Rahaloomeamet ütleb El Salvadorile: Bitcoini seadusliku pakkumise tegemise kulud ületavad potentsiaalset kasu

The International Monetary Fund (IMF) 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

Tonga Kuningriik võib Bitcoini seadusliku pakkumisena kasutusele võtta, Ütleb endine parlamendiliige

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

Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets

oktoobril 15, the day bitcoins price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. Sellel ajal, the well known economist warned

Salvadoran President Nayib Bukele Says Citizens Paying for Gas With the Chivo Wallet Will Get a Discount

The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country. Chivo wallet users paying for fuel will save $0.20 per gallon

Salvadoran Court of Accounts to Investigate Government’s Bitcoin ATM Buys, Chivo Kiosk Construction

According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the governments bitcoin automated teller machine (sularahaautomaat) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption