Tag: El Salvador

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El Salvador Says It Has No Ties to FTX

A rumor was swirling around online that the nation of El Salvador in Central America had tons of bitcoin locked away in the FTX...

Bandesal Bank in El Salvador Won’t Discuss BTC Activities

Bandesal – a traditional bank in the nation of El Salvador – is refusing to discuss with reporters how the country is spending its bitcoin funds....

El Salvador and Switzerland Are Working to Boost Crypto Adoption

El Salvador in Central America is joining hands with the Swiss city of Lugano in the name of bitcoin. Both areas have vowed to push...

Poll: Residents of El Salvador Aren’t Into BTC

According to a new survey, many residents of El Salvador consider the bitcoin experiment implemented by their country’s leaders a failure. El Salvador and Bitcoin......

Australia Will Not Treat Digital Assets Like Foreign Currency

Australia has made a specific taxation decision when it comes to crypto assets, and members of the industry and active traders are not happy...

How Has El Salvador Fared Since Accepting BTC?

Over a year ago, El Salvador made history when it declared bitcoin legal tender. This meant that many companies throughout the region were required...

The Central African Republic Limits Sango Coin Usage

Not that long ago, the Central African Republic (CAR) – one of the poorest nations on the continent of Africa – announced that it...

Honduras Establishes “Bitcoin Valley” to Boost Tourism

Central America and bitcoin continue to be like two peas in a pod. Initially, the trend of Central America accepting and using bitcoin like...

El Salvador Forced to Buy Back Its Own Bonds Following BTC Collapse

El Salvador is beginning to feel the heat in the bitcoin kitchen. The Central American nation has tried so hard to buy bitcoin and...

Sri Lanka Tells Its Citizens to Avoid Crypto

The nation of Sri Lanka is warning citizens and telling them to avoid using or trading digital currencies whenever possible. Sri Lanka Appears to Be...

Bitfinex Is Sending More Bitcoin to El Salvador

Popular cryptocurrency exchange Bitfinex has announced it will be donating approximately 36 bitcoin units as well as $600,000 in Tether funds to the Central...

The Central African Republic Is Building Its Own Virtual Asset

The Central African Republic (CAR) has come a long way in the digital currency space. The nation was the second in the world to...