El Salvador to purchase 1 BTC daily
El Salvador’s President has declared that starting Nov. 17, the country will purchase 1 BTC daily. El Salvador currently holds 2,381 BTC with a total investment of $103 million. El Salvador, the first country in the world to accept Bitcoin as legal cash in September 2021, is restarting its BTC purchases after pausing for several […]
FTX is the opposite of Bitcoin – El Salvador President
El Salvador president, Nayib Bukele in the wake of FTX’s collapse has called the exchange the opposite of Bitcoin, while also stating that the Bitcoin protocol was created precisely to prevent Ponzi schemes. The FTX explosion sent shockwaves across the globe and seriously damaged investor confidence. The Salvadoran President Nayib Bukele and Changpeng “CZ” Zhao, […]
Pro-crypto City Of Lugano, El Salvador Sign Economic Agreement
El Salvador and Lugano strike an economic deal, in order to “foster cooperation with educational and research institutions.” El Salvador will create a physical government presence as part of the agreement. El Salvador and the southern Swiss city of Lugano have agreed to cooperate economically using blockchain technology and cryptocurrencies. The two pro-crypto jurisdictions signed […]
Spain becomes third largest crypto ATMs country
After the United States and Canada, Spain is the official home of the third-largest network of Bitcoin and cryptocurrency ATMs as it hosts 215 crypto ATMs. El Salvador, which has 212 crypto ATMs, is presently in fourth place due to Spain, which has 215 crypto ATMs, having surpassed it by 3 crypto ATMs. Spain is […]
CoinCorner sets to launch Bitcoin bolt cards in El Salvador
CoinCorner, a Bitcoin card payment service provider, is looking to install “tap-to-pay” near-field communication services (NFC) card readers across El Salvador using Lightning Network (LN). CoinCorner is launching the Bitcoin Lightning services in El Salvador, and CoinCorner has collaborated with IBEX, a provider of lightning infrastructure services, to expand NFC support across local companies. Bitcoin […]