How El Salvador Introduced 44 Countries To Bitcoin This Week
El Salvador hosted a financial inclusion event this week bringing representatives from 44 countries to experience using BTC at Bitcoin Beach.El Salvador hosted central bankers and financial authorities from 44 countries for a financial inclusion event this week.All participating members were able to download their own Bitcoin wallets and make purchases with BTC. In July 1944, 44 countries met to determine the Bretton Woods financial system. Once again, 44 countries came together to learn a new system.On May 15, El Salvador President Nayib Bukele announced that 32 central bankers and 12....
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A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also reportedly expressed interest in bitcoin. More Countries Eye Bitcoin Adoption After El Salvador passed the bill making bitcoin legal tender alongside the U.S. dollar, a growing number of lawmakers in neighboring countries have either expressed their interest in making a similar move or put laser eyes on their Twitter profile....
The week started with central bankers and financial authorities from 44 countries arriving in El Salvador. The mainstream media ignored it completely. The IMF started sweating. President Bukele started meme-ing. Everybody assumed they were there to learn about bitcoin. It was so obvious that nobody questioned it. Related Reading | El Salvador Doubles Down, Buys […]
Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money laundering cartels and undermines U.S. interests,” said a U.S. senator.
US Concerned About Risks From El Salvador’s Bitcoin Law
The U.S. Senate Committee on Foreign Relations announced Wednesday that Senators Jim Risch (R-Idaho), Bob Menendez (D-N.J.), and Bill Cassidy (R-La.) have introduced a bill titled the ‘‘Accountability for....
September 7th, 2021 will go down in history as the first day in history when a station nation adopted Bitcoin as legal tender. As Bitcoin has been covering over the past week, El Salvador rollout its BTC Law. The measure has seen a lot of criticism, and opposition from other countries, financial institutions, and a […]
Time to check back with El Salvador. During Bitcoin Week, it was so hectic down there that we didn’t know where to start. Everybody in the Bitcoin space visited San Salvador and El Zonte. The highlight was that President Bukele announced the project to build Bitcoin City and to issue $1B Bitcoin bonds to finance […]