6 / 12 Relevant items tagged with #ElSalvador

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The City of Santa Monica is Opening a Bitcoin Office

[Jul 10, 2024 6:03 AM] The City of Santa Monica is making history by opening an official Bitcoin office. The city council unanimously voted to pilot the office in partnership with the nonprofit Proof of Workforce at no cost to the city.The office has four key goals, as…

First Digital Debt Offering Fails to Get Traction in El Salvador

[Jul 7, 2024 1:28 PM] The first digital debt offering registered in El Salvador has reportedly failed to gather the necessary interest to continue. The issuance, intermediated by Bitfinex Securities to build a Hilton hotel at El Salvador International Airport, raised…

Bitcoin Education Can Change The World

[Jun 18, 2024 10:30 AM] Company Name: Mi Primer BitcoinFounder: John Dennehy Date Founded: August 2021Location of Headquarters: El SalvadorAmount of Bitcoin Held in Treasury: Approximately 0.5 BTCNumber of Employees: 21Website: https://miprimerbitcoin.io/Public or…

Salvadoran Government Introduces Bitcoin Banking Law Reform

[Jun 16, 2024 11:44 AM] The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The banking law reform introduced to the National Assembly would allow private investors to…

Volcano Bitcoin Mining Gives El Salvador $29 Million Boost

[May 15, 2024 8:36 AM] El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country's total bitcoin holdings to 5,750 BTC valued at over $360…

El Salvador Launches Website to Track $360M Bitcoin Treasury

[May 13, 2024 5:50 AM] El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as a legal tender under the leadership of President Nayib Bukele. This groundbreaking decision has enabled significant financial improvements across the small Central…