In this, 75% of the country’s residents have not used digital assets in 2022
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All by tag: salvador
Politics
Oct 18, 2022
IMF refuses to issue a loan to El Salvador because of bitcoin use in the countryAccording to the fund’s representatives, the legalization of the asset as a legal tender threatens the financial stability of the state
Politics
Aug 31, 2022
El Salvador to delay the issuance of bitcoin bonds until the end of the yearTether and Bitfinex CTO Paolo Ardoino announced this
Trends
Aug 9, 2022
El Salvador’s President links the spike in tourists to the legalization of bitcoinThe UNWTO included the country at the top of the most popular destinations among travelers, noting that it has reached pre-pandemic levels
Market
Jul 15, 2022
Bitfinex exchange to donate $1,3 million in cryptocurrency to El Salvador36 BTC and 600 000 USDT are intended to help small businesses and communities in the country
Incidents
Jul 4, 2022
Nassim Taleb calls El Salvador’s President an “idiot” for investing in bitcoinThe economist noted that the first cryptocurrency, which was positioned as a protection against inflation, has instead only worsened it
Politics
Jul 1, 2022
El Salvador added 80 bitcoins worth $1,5 millionA total of 2381 BTC are in the country’s accounts
Market
Jun 20, 2022
El Salvador’s President predicted the bitcoin rate to “immensely grow”Nayib Bukele urged investors to be patient and wait for the bear market to end
Market
Jun 5, 2022
El Salvador postponed the issuance of bitcoin bonds for the second timeThe Finance Minister said that now is not the right time to issue such investment products
Market
May 16, 2022
WSJ: El Salvador faces default because of the fall in the price of bitcoinThe market value of the country’s assets in BTC has fallen by almost a third
Market
May 10, 2022
El Salvador added $15 million worth of bitcoins after the crypto market collapsesThe country’s president announced the purchase of 500 BTC at a rate of $30 744 per coin
Business
Apr 28, 2022
NBER: a third of Salvadorans have downloaded the Chivo bitcoin walletMore than half of those who downloaded the app stopped using it after spending the welcome bonus