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El Salvador

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Hey guys, we are sure that you have heard the name of the Latin American country, El Salvador even once, right? Well, why wouldn’t you, it was the first country in history to make Bitcoin a legal tender and it is again back all over the news. However, this time for all the wrong reasons. It is believed that the government had spent around $103 million of the citizen’s tax money to build a Bitcoin…

In a recent announcement by the El Salvadorian government, the government has stated that the Bitcoin adoption law is going as smoothly as planned. As per the tourism minister of El Salvador, Morena Valdez, a rise in tourism by 30% was seen since the law was passed way back in September 2021. The tourism department has recorded a tourist count of a whopping 1.4 million which is way more than the expected 1.1 million. Surprisingly,…

Hey, their guys, you all probably know by now that the US is not a big fan of El Salvador’s Bitcoin adoption law and now a group of US senators have introduced new legislation called the Accountability for Cryptocurrency in El Salvador (ACES) Act which is focused on studying and analysing the effects of the Bitcoin law in El Salvador and mainly its effect over the US financial system. Plus, it has another key agenda…

Major crypto exchange firm, Paxful has partnered up with El Salvador’s administration to open the country’s first Bitcoin Education centre which has been named La Casa Del Bitcoin. The objective of the centre is to educate the citizens about crypto and the benefits of adopting Bitcoin as a legal tender for the country. https://twitter.com/paxful/status/1489004866072715265?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1489004866072715265%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fbitcoin-education-center-launches-in-el-salvador-to-boost-adoption Paxful has announced that the centre will not only be open for everyone interested to learn but also for the people…

We are sure that most of you from the crypto sphere already know the name of El Salvador. Well, why wouldn’t you? After all, it was the first country to go against all odds to adopt Bitcoin as a legal tender. Thus, becoming a prime example to the world on crypto adoption. Well, this did not end here, the country’s President Nayib Bukele later further announced that the government is planning to harness the safe…

When rest of the crypto community around the globe is lauding El Salvador for achieving a daring feat such as becoming the first country in the world to accept Bitcoin as a legal tender. There is totally a different scenario going on in El Salvador. This scenario includes multiple large scale protests, riots and now an investigation. Yes, you read that right, these protests and riots are targeted against the new Bitcoin law by none…

El Salvador, the first country to accept Bitcoin as a legal tender. This was one of the most talked-about topics at the time when the El Salvador government introduced a bill in their Parliament proposing Bitcoin to become a legal tender in the country and later passing the bill with a good majority in June. The whole crypto community lauded this spectacular development and everybody started talking about how it would benefit El Salvador and…

Most people from the crypto realm have already heard about the country El Salvador, the country that recently became the first to adopt Bitcoin as a legal tender. However, we are sure most of you don’t know how it all began that lead to this historical moment. So, today we will explore some of the past events that took place in El Salvador, that may have paved the way for this historical moment and possibly…