Bitget Secures Bitcoin Service Provider License in El Salvador
Bitget declared that the Central Reserve Bank of El Salvador had granted them a license to operate as a Bitcoin service provider. With the license, Bitget is able to provide custody services, Bitcoin payments, and Bitcoin-to-fiat trades throughout the nation. Bitget can now provide Bitcoin-related services like purchasing, selling, storing, and transferring BTC thanks to […]
Bitfinex, NexBridge Partner to Launch Tokenized US Treasury Bills in El Salvador
Bitfinex Securities and NexBridge have partnered to offer tokenized US Treasury bills in El Salvador, blending traditional finance with blockchain. US Treasury Bills in El Salvador Bitfinex Securities and NexBridge, a digital asset issuer that specializes in the tokenization of financial assets, have partnered to provide the first tokenized US Treasury bill in El Salvador. […]
El Salvador Secures $31M Profit in 3 Years of Bitcoin Adoption
El Salvador currently holds more than $31 million in Bitcoin profit, despite the widespread initial criticism. El Salvador is celebrating its third anniversary of adopting Bitcoin as legal tender, a move the country implemented on September 7, 2021, to enhance financial inclusion, improve remittance efficiency, and attract financial innovation. President Nayib Bukele’s decision positioned El Salvador as […]
Argentina Draws Insight from El Salvador’s Bitcoin Adoption
The government of Argentina collaborates with El Salvador to gain insights from its experience adopting Bitcoin and other cryptocurrency-related activities. CNV announced that the National Securities Commission (CNV), the securities regulator of Argentina, and the National Commission of Digital Assets (CNAD), the regulator of El Salvador, met to discuss the adoption and regulation of cryptocurrencies […]
Survey Shows 12% of Salvadorans Made Bitcoin Purchases in 2023
El Salvador’s José Simeón Caas Central American University found in its yearly survey that 12% percent of the local populace utilized Bitcoin for payment for products and services at least once in 2023. Participating in the survey, which commenced in December 2023, were in-home interviews with 1,280 respondents. A mere 20% of the respondents (20%) […]