El Salvador

El Salvador Weekly: MoneyGram Starting Stablecoin Remittances as Anti-Bitcoin Sentiment Grows
El Salvador Weekly: MoneyGram Starting Stablecoin Remittances as Anti-Bitcoin Sentiment Grows
June 03, 2022  |  Cryptocurrency

MoneyGram is looking at bringing a bitcoin competitor to El Salvador’s remittance market. It’s part of a push by the leading money transfer company to...

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Crypto Might Not Be Savior Developing World’s Looking For. Here’s Why
Crypto Might Not Be Savior Developing World’s Looking For. Here’s Why
June 01, 2022  |  Cryptocurrency

Bitcoin, stablecoins and other cryptocurrencies are a potential savior for people in developing nations who are trying to dig a little bit further out of...

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El Salvador Weekly: Bitcoin’s Still a Major Sticking Point in Talks with IMF
El Salvador Weekly: Bitcoin’s Still a Major Sticking Point in Talks with IMF
May 27, 2022  |  Bitcoin

The International Monetary Fund (IMF) dropped yet another strong hint that it won’t bail El Salvador out of coming debt payments that could lead to...

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El Salvador Weekly: With Bitcoin Bond Fading, President Bukele ‘Buys the Dip’
El Salvador Weekly: With Bitcoin Bond Fading, President Bukele ‘Buys the Dip’
May 13, 2022  |  Bitcoin

Given the unpopularity and slender use of bitcoin as a currency in El Salvador, you’d think that President Nayib Bukele’s decision to spend another $15...

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Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
May 09, 2022  |  Cryptocurrency

Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from...

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El Salvador Weekly: Bitcoin Experiment Increasingly Unpopular with Bond Market, US Congress and Salvadorans
El Salvador Weekly: Bitcoin Experiment Increasingly Unpopular with Bond Market, US Congress and Salvadorans
May 06, 2022  |  Bitcoin

The bitcoin-boosting president of El Salvador, Nayib Bukele, has bet the house on the first cryptocurrency. First by making it legal tender and then staking...

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El Salvador’s Bitcoin-As-Currency Experiment Is Costly And Failing
El Salvador’s Bitcoin-As-Currency Experiment Is Costly And Failing
May 02, 2022  |  Cryptocurrency

Eight months after its September rollout, it’s become evident that El Salvador’s much-hyped experiment with making bitcoin a legal tender has been a failure so...

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Central African Republic, Like El Salvador, May Soon Regret Adopting Bitcoin
Central African Republic, Like El Salvador, May Soon Regret Adopting Bitcoin
April 27, 2022  |  Bitcoin

The Central African Republic has become the second country in the world to adopt Bitcoin as an official currency. In making BTC legal tender alongside...

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El Salvador’s Adoption of Bitcoin as Legal Tender Addressed in Congressional ACES Act
El Salvador’s Adoption of Bitcoin as Legal Tender Addressed in Congressional ACES Act
April 05, 2022  |  Bitcoin

Two members of Congress introduced the Accountability for Cryptocurrency in El Salvador (ACES) Act to lower potential risks to the U.S. that could arise from...

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