A document accessed by Reuters reveals that the El Salvador Court of Auditors, which oversees public resources, will investigate a complaint about government purchases of Bitcoins. In addition, the construction of kiosks for cryptocurrency ATMs will also be investigated. The investigation comes about ten days
Vitalik Buterin, co-founder of Ethereum, Elon Musk, CEO of Tesla and SpaceX, and Nayib Bukele, president of El Salvador, have something new in common besides their fondness for cryptocurrencies. All three appear on Time Magazine’s 2021 list of the World’s 100 Most Influential People. Musk’s
A survey found that 7 out of 10 Salvadorans want President Nayib Bukele’s Bitcoin law to be repealed. However, more than 90% of respondents also admitted that they do not understand cryptocurrency well. The research in question was conducted by the University Institute of Public
The government of El Salvador approved the distribution of $30 in Bitcoin (BTC) to each citizen. The law passed on Monday (31/08) received new old criticisms from the International Monetary Fund (IMF). In fact, the IMF published an old critique made on Aug. 26,
The National assembly of El Salvador approved the law ‘Ley de Creación de Fideicomiso Bitcoin’. This law creates a fund to guarantee the liquidity of Bitcoin (BTC) trading in the country. In total, the fund will have a capital of $150 million. As a result
In a recent report, Bank of America highlighted some of the main advantages that El Salvador can have from adopting Bitcoin as a legal tender. Among them, they highlighted the possibility of opening business channels with foreign companies, such as those in the United States.
The Bitcoin Law, passed by El Salvador, is not pleasing the entire population of the country. On Tuesday (20), a group of protesters took to some of the country’s main streets to demonstrate their outrage at the passed law. The demonstration was revealed by Diario
The days of adopting Bitcoin as legal tender in El Salvador may be over. That’s because a group of opposition deputies is uniting to reverse the decision. Through a Bill (Law) presented to the national legislature, parliamentarians intend to reform the law that instituted the