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El Salvador
Valkyrie CIO on Bitcoin as BTC Becomes Legal Tender in El Salvador
Bitcoin is now officially a legal tender in El Salvador. The cryptocurrency is declining after testing resistance near $52,000 on Monday, with initial support seen at the $50,000 breakout level. Steven McClurg, CIO and co-founder of asset management firm Valkyrie, discusses his crypto markets analysis and outlook. Plus, his take on altcoins and bitcoin ETFs.
What Could Liquid Exchange Do Now to Prevent Future Crypto Hacks?
Seth Melamed, COO of Liquid Group, discusses Liquid Exchange’s $90 million hack and measures the firm is taking to prevent hacks like this from happening again. Plus, his reasons why he doesn’t think El Salvador’s bitcoin law is sustainable and whether he foresees Asia potentially adopting BTC as legal tender.
Key Upsides to El Salvador’s Bitcoin Law
Edan Yago, a contributor to decentralized bitcoin trading and lending platform Sovryn, discusses his take on the potential positive impact of El Salvador rolling out bitcoin as legal tender despite growing skepticism and local protests just a week ahead of the move taking effect.
El Salvador lanzará infraestructura blockchain gubernamental en Algorand este año
El país ha firmado un acuerdo con la empresa latinoamericana de tokenización de activos Koibanx para permitir que los registros oficiales se alojen en la cadena de bloques.
El Salvador Approves $150M Bitcoin Trust Amid Anti-Bitcoin Protests
In El Salvador, hundreds of protesters have raised their voices against President Nayib Bukele's Bitcoin Law, making bitcoin legal tender in the country beginning September 7. Meanwhile, the Finance Commission of the Legislative Assembly of El Salvador agreed to create a $150 million bitcoin trust to facilitate exchange between BTC and U.S. dollars. "The Hash" panel discusses the possible bumps on El Salvador's road to bitcoin adoption.
President Bukele Confirms El Salvador Will Not Require Bitcoin Acceptance
El Salvador President Nayib Bukele confirmed the use of bitcoin as legal tender would not be mandatory. In contrast to the original Bitcoin Law, the government will not force any of the nation’s residents to receive it as a form of payment.
Could Curacao Adopt Bitcoin as Legal Tender?
Pete Kroll, crypto OG and director of BTC Curacao, which strives to teach the people and businesses of Curacao about bitcoin, discusses his take on the state of crypto in the Caribbean islands and why it could be gravitating toward digital currencies. Plus, the potential opportunities and challenges of bitcoin adoption in Latin America as El Salvador's currency law rolls out in three weeks.
Uso de Bitcoin será “totalmente opcional” en El Salvador, afirma Ministro de Finanzas
Según Alejandro Zelaya, los comercios no serán penalizados si no aceptan Bitcoin.
