Monday, April 29, 2024

Salvador

BTC adoption is credit negative for El Salvador insurers

The law is unnecessarily rushed and does not equip insurance companies to adapt to its requirements, Fitch argues Fitch Ratings, one of the big three American credit rating agencies, has issued a report criticising El Salvador’s plan to...

Will Colombia become El Salvador 2.0 after President Advisor’s stance on BTC?

Jehudi Castro Sierra, Advisor to the President of Colombia, applauded Bitcoin (BTC). He called it the “most brilliant piece of software ever.” The Colombian President’s Advisor asserted his position in the parliament as the tech and digital advancement...

El Salvador May Issue Its Own Stablecoin: Report

The El Salvador government has plans to launch a native cryptocurrency consumers will be able to use for services, Latin American digital newspaper El Faro reported Friday night.Ibrajim and Yusef Bukele, the brothers of the country’s president, Nayib...

BofA outlines BTC benefits for El Salvador: report

Bitcoin democratises access to electronic payments, potentially benefiting 70% of the El Salvadorian adult population that remains unbanked A Bank of America (BofA) report has highlighted some of the potential benefits likely to come El Salvador's way following...

Bitcoin Money Transfer Startup Sees Massive Investor Demand Post El Salvador Push

Bitcoin money transfer startup Zap has become an investor favorite within a month after Salvador President Bukele introduced a national bitcoin wallet program. While it is not the official payment app in El Salvador, the main Bitcoin payment...

Did El Salvador Just Represent Bitcoin (BTC) at Tokyo Olympics?

Tokyo Olympics 2020 officially started on 23rd July amid Covid restrictions and after year-long delays. The key event began with a dazzling opening ceremony with 206 participating nations joining the celebrations with a parade of athletes. A South Korean...
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