ECLAC raises concerns about El Salvador’s adoption of Bitcoin as a Legal Tender
UN’s regional commission ECLAC has raised concerns over El Salvador’s Bitcoin legal tender, saying there may be different security risks attached to the use of Bitcoin. The Economic Commission for Latin America and the Caribbean (ECLAC) , a UN regional commission, has expressed reservations about El Salvador’s adoption of Bitcoin as a legal tender. With […]
El-Salvador citizens won’t be compelled to use the government’s Bitcoin wallet – Nayib Bukele
According to the President of El-Salvador, its citizens will not be forced in any way at all to use the government’s new “Chivo” Bitcoin wallet. Citizens will not be forced to use the government-issued “Chivo” Bitcoin wallet, according to the latest pronouncement from El Salvador’s pro-Bitcoin president, Nayib Bukele. El Salvador’s President Bukele announced in […]
El Salvador’s Request To World Bank Turned Down
World bank revealed its refusal to assist El Salvador implement and integrate Bitcoin as legal tender in its economy. El Salvador’s Finance Minister (Alejandro Zelaya) on Wednesday stated that Central American countries have requested technical assistance from the World Bank. The minister said: “I would like to announce that we have requested technical assistance from […]