El Salvador talks crypto with policy makers in Washington
On May 26, 2022, Ambassador Milena Mayorga of El Salvador will address a gathering of 600 innovators, public-sector administrators, legislators, and executives in Washington, DC. She will be sharing the experiences of El Salvador regarding the adoption of Bitcoin as legal tender. Her country leads the world in the national adoption of cryptocurrency. That evening […]
Samson Mow’s JAN3 Is Helping To Build Bitcoin City In El Salvador
Bitcoin entrepreneur, Samson Mow has launched a new company JAN3, which will help in the development of digital infrastructure and Bitcoin City in El Salvador. Samson Mow, the former chief strategy officer of Blockstream and the founder of Pixelmatic, announced on Thursday the formation of JAN3, a new firm dedicated to boosting Bitcoin adoption. According […]
Bitfinex Receives USD 0.5B from Users on El Salvador’s Bitcoin Bonds
Bitfinex, a crypto trading platform that will host the issuance of El Salvador’s much-discussed bitcoin (BTC) bond, has confirmed “half a billion dollars” worth of interest already received from its customers. According to the Financial Times, Bitfinex Chief Technology Officer Paolo Ardoino said: “Some of our users have proactively reached out to us to express […]
El Salvador’s Bitcoin reserve now amounts to 1,270 BTC
El Salvador has accumulated 150 bitcoins when the price of bitcoin fell below $50,000. El Salvador has purchased 150 BTC in the midst of the most severe bear market since Bitcoin hit an all-time high of about $68,000 in the first week of November. Salvadoran President Nayib Bukele announced the acquisition of 150 bitcoins when […]
El Salvador to have a volcano-powered ‘Bitcoin City,’ according to President Bukele
El Salvador’s Bitcoin-friendly president, Nayib Bukele, declared on Saturday during a Bitcoin investment meeting that his nation aims to construct the first “Bitcoin City.” The city will be situated between the towns of La Unión and Conchagua in the eastern department of La Unión. The first expenses of creating the so-called “Bitcoin City ” will […]