El Salvador
El Salvador Wants to Attract Bitcoin Talent. Its Strategy Is Working
Bitcoiners are investing time and money to establish the Latin American nation as a hub for monetary innovation and software development.
3 Key Things That Happened in Crypto This Week
CoinDesk’s Christie Harkin breaks down this past week’s stories making waves in the crypto markets, including Andreessen Horowitz (a16z) raising $2.2 billion for its third crypto venture fund, El Salvador’s Bitcoin Law in effect beginning in September, and John McAfee’s sudden death, controversial life and legacy.
The Problem With El Salvador’s Bitcoin Law, Effective September 7
Bitcoin will become legal tender in El Salvador beginning September 7, El Salvador President Nayib Bukele announced Thursday during a national address. He added every citizen will be gifted $30 via an e-wallet, once they verify their identities. Frances Coppola, author of "The Case for People's QE," discusses the "immense risks" of El Salvador's bitcoin currency rollout. Plus, why she thinks dai (DAI) is a bigger concern than tether (USDT).
El Salvador: Watershed Moment for Crypto as Bitcoin Becomes Legal Tender This September
Bitcoin will officially become legal tender in El Salvador beginning September 7, and any citizen who signs up for the digital wallet “Chivo” will receive $30 worth of the cryptocurrency. “The Hash” hosts discuss El Salvador’s bitcoin currency rollout and why this is a watershed moment for the digital asset space.
El Salvador’s Bitcoin Fee Problem (and Solutions)
Bitcoin fees would make the cryptocurrency mostly unusable for Salvadorans. Here's how the first country to adopt BTC plans to tackle the fee problem.
How Is El Salvador’s Currency Law Impacting Bitcoin’s Price?
Gavin Michael, CEO of digital wallet provider Bakkt, has bitcoin price analysis and outlook, as El Salvador confirmed bitcoin will become legal tender on September 7. “Bitcoin has really proven that it’s here to say,” he said.
Bitcoin Jumps 5% as El Salvador Braces for Crypto Law, $30 E-Wallet Airdrop
Bitcoin's jump coincides with announcements made by El Salvador's president on Thursday evening.
Athena to Install 1,500 ATMs in El Salvador Following Bitcoin Law
Crypto ATMs are seen as a way for people to interact with the physical world, particularly those who are not well-versed in cryptocurrencies.
El Salvador's Bitcoin Law Effective September, E-Wallets to Get $30 Worth of Crypto
President Nayib Bukele made the announcement during a national address on Thursday.
