Salvadoreans are selling more US Dollars to buy Bitcoin- President Nayib Bukele
El Salvador’s Bitcoin adoption is gaining traction as citizens are trading their US dollar savings for Bitcoin, the President Bukele confirms that Chivo has reported 24,076 remittance requests, adding up to $3,069,761.05 in one day. Based on data obtained from El Salvador’s in-hous e wallet service, Chivo, President Nayib Bukele revealed this new development on […]
El Salvador’s President snaps back at Economist’s comments on Bitcoin law
El Salvador, a small Central American country, is poised to enact Bitcoin legislation on September 7. Although there have been warnings to the country about the decision by several agencies, the decision still remains solid. The IMF, World Bank, and a number of other rating organizations slammed the brave move. Steve Hanke, an economist at […]
Argentina’s President embraces Bitcoin and CBDCs, even though the central bank says no
Argentina’s President Alberto Fernandez has expressed his support for digital assets, claiming that there is no reason to oppose the new asset class. His view on this is opposed to that of the country’s, central bank head who has rejected the idea. Fernandez reacted to a query regarding whether he would explore a central bank […]
The first NFT Presidential Oath will be given to Israeli’s incoming President
Israel’s incoming President is set to receive an NFT version of the original Presidential oath. The Israeli Knesset has been gripped by NFT fever as Isaac Herzog, Israel’s 11th President prepares to take the digital blockchain-certified version of the first draft oath. After 87 Knesset members voted for him, Herzog is likely to take over […]