9 / 12 Relevant items tagged with #ElSalvador
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Binance Expands Global Reach — Becomes Fully Licensed Crypto Exchange in El Salvador
[Aug 9, 2023 10:00 PM] Binance has become a fully licensed cryptocurrency exchange in El Salvador, having obtained two licenses: a Bitcoin Services Provider license (BSP) and a Digital Assets Services Provider license (DASP). According to the company, Binance now has…
Binance Receives License to Offer Bitcoin, Digital Asset Services in El Salvador
[Aug 8, 2023 8:00 AM] The crypto exchange said it now holds licenses to operate in 18 countries.
Two Months in El Salvador: The Ground Game for Bitcoin Adoption
[Aug 7, 2023 1:29 PM] A graduate student on leave from the Wharton School checks in on the first country to adopt Bitcoin as legal tender. Are locals buying it?
Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion
[Aug 1, 2023 3:30 PM] Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its…
El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally
[Jul 20, 2023 2:29 AM] El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing.
Salvadoran teenager becomes Bitcoin teacher, no longer earning ‘6 dollars a day’
[Jul 9, 2023 12:04 AM] In a series of tweets, 18-year-old Gerardo Moran explained his journey back to his former high school in El Salvador, where he is now teaching senior professors about Bitcoin.
Bitcoin ‘Permabull’ Max Keiser: ‘El Salvador Will Be Debt Free by 2030 With Bitcoin’
[Jun 20, 2023 2:30 AM] Max Keiser, international journalist and chairman of mining company Volcano Energy, has pondered on the importance bitcoin adoption will have for El Salvador in the future. According to Keiser, thanks to bitcoin, El Salvador will be debt free by…
Latam Insights — Volcano Energy Bitcoin Mining Project Rises in El Salvador, Venezuelan Miners Leaving Amidst Crypto Corruption Probe
[Jun 12, 2023 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Volcano Energy rises in El Salvador, Venezuelan bitcoin miners flee amidst nationwide mining ban, and…
Tether’s game plan in El Salvador: Why invest in Volcano Energy?
[Jun 9, 2023 2:33 AM] Stablecoin issuer Tether is making a strategic investment in energy production and Bitcoin mining to support El Salvador’s adoption of BTC.
El Salvador’s Bitcoin miner Volcano Energy launches with $250M investment
[Jun 7, 2023 2:28 AM] Volcano Energy said the funds would go toward developing a 241-megawatt power generation park.
Follow The Trends: Bitcoin Is On The Path To Becoming The Money Of The Future
[Jun 6, 2023 6:00 AM] This is an opinion editorial by Didar Bekbauov, the founder and CEO of Bitcoin miner hosting company Xive.The financial industry as a whole is continually shifting toward the digital space, with the global digital payments market generating almost…
Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
Tether invests in El Salvador's $1B renewable energy project
[Jun 5, 2023 1:38 PM] El Salvador’s plans to build a billion dollar renewable energy precinct has found a first round investor in stablecoin issuer Tether.
Bitcoin Interest Hits Rock Bottom: Google Trends Data Shows Lowest Score in 7 Months
El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
[Jun 5, 2023 8:13 AM] The 241 MW site will be powered by wind and solar energy.
El Salvador Unleashes "Volcano Energy" With 241 Megawatt Planned Bitcoin Mining Operation
[Jun 5, 2023 7:32 AM] The country of El Salvador is tapping into its abundant natural resources to create “Volcano Energy.” According to a press release sent to Bitcoin Magazine, the aim is to position the country as a major global player in the Bitcoin mining industry…
‘The Bitcoin Standard’ author becomes economic adviser to El Salvador
[May 30, 2023 10:39 PM] Dr. Saifedean Ammous thinks El Salvador will be debt free if it accumulates Bitcoin for the next five years.
The Bitcoin Standard Author Saifedean Ammous Joins El Salvador’s National Bitcoin Office As Economic Advisor
[May 30, 2023 9:38 AM] Dr. Saifedean Ammous, prominent economist and author of "The Bitcoin Standard," is poised to take on a new role as an Economic Advisor to El Salvador's Bitcoin Office. This appointment comes after El Salvador made history by becoming the first…
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
[May 24, 2023 10:29 AM] The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week.
Strike moves global headquarters to El Salvador, expands to 65 countries
[May 19, 2023 9:33 PM] According to Strike CEO Jack Mallers, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden, unregistered licensing regimes and 1,000 different coins.”
US Senators Reintroduce ‘Accountability for Cryptocurrency in El Salvador (ACES) Act’
Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees
[May 15, 2023 11:17 AM] The firm says El Salvador will serve as its base for operations in Latin America.
Fold Bitcoin Rewards App Announces Expansion Into El Salvador, Spearheading Latin American Operations
[May 15, 2023 10:40 AM] Bitcoin rewards company Fold has announced its expansion into El Salvador, establishing a new office that will serve as its base for operations in Latin America. Fold, known for introducing the world's first bitcoin rewards Visa Debit Card to the…
US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill
[May 12, 2023 3:53 PM] The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the country's Bitcoin Law was enacted.
U.S. Senators Introduce Bill Requiring Reports On El Salvador’s Bitcoin Adoption
[May 12, 2023 3:40 PM] A group of United States senators have introduced a bill requiring reports on the adoption of bitcoin as legal tender in El Salvador. The "Accountability for Cryptocurrency in El Salvador Act," introduced by Senator James Risch, Senator Bob…
Latam Insights: Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating
[May 8, 2023 3:30 AM] Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech…
Coinbase remains '100% committed' to US market: Armstrong
[May 4, 2023 11:26 PM] The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much.
El Salvador Eliminates All Taxes on Technology Innovations, AI, App Programming
[May 4, 2023 5:30 PM] El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming, AI, computer, and communications hardware manufacturing. The law is expected to boost the…
Bitcoin crowdfunding is Lightning: El Salvador school program hits 1 BTC in donations
[May 4, 2023 7:34 AM] Bitcoin education program "My First Bitcoin" reaches 1 BTC in donations, with Bitcoin Beach matching contributions, fueling expansion.