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El Salvador
Bitcoin in El Salvador Is 'No Longer an Experiment': Asobitcoin President
Bitcoin transaction fees are, on average $20 per transaction and it surged to as high as $30 on Wednesday morning on the rising popularity of BRC-20 tokens. Asobitcoin President Will Hernandez dissects how this is impacting Salvadoran's use of the cryptocurrency on the ground in El Salvador.
What Surging Bitcoin Transaction Fees Mean for Users in El Salvador
Increasing activities on the Bitcoin network have pushed the average transaction fee to a 2-year high, according to data from BitInfoCharts. Asobitcoin President Will Hernandez discusses the state of El Salvador's bitcoin experiment and whether the transaction fee surge impacts BTC users in the country.
How Bitcoin Beach’s Pioneering Circular Economy Aims to Make a Global Impact
Bitcoin Beach is a coastal community in El Salvador that has garnered over 3,000 bitcoin users, including more than 500 families and 120 businesses. The project's director Mike Peterson joins "All About Bitcoin" to discuss the significance of circular economies and the state of bitcoin adoption. Bitcoin Beach is one of CoinDesk’s Projects to Watch in 2023.
Ang Pioneering Circular Economy ng Bitcoin Beach ay Gumagawa ng Pandaigdigang Epekto
Ang Salvadorean coastal community na ito ay nakakuha ng mahigit 3,000 Bitcoin user kabilang ang higit sa 500 pamilya at 120 negosyo. Ang modelo ng pag-aampon nito ay ginagaya na ngayon sa buong mundo. Kaya naman ONE ang Bitcoin Beach sa Mga Proyekto ng CoinDesk na Panoorin 2023.
Binibigyan ng El Salvador ang Unang Digital Asset License sa Bitfinex
Ang mga tokenized share at yield-bearing asset ay mga potensyal na produkto na maaaring ilunsad sa ilalim ng bagong regulatory framework na inaprubahan ng bansa sa Central America.
Si El Salvador President Bukele ay Magpapalabas ng Bill na Mag-aalis ng Mga Buwis sa Mga Inobasyon ng Technology
Ang bansa noong 2021 ang naging unang bansang nagpatibay ng Bitcoin bilang legal na tender.
Asobitcoin President on El Salvador’s Bitcoin Experiment
El Salvador’s bitcoin experiment continues as President Nayib Bukele paid off the country's $800 million maturing bond issue in late January. Will Hernandez, president of the Bitcoin Association of El Salvador, discusses the current state of bitcoin adoption in the country and the key initiatives at Asobitcoin. Plus, his take on El Salvador's plans to build a Bitcoin Embassy in Texas and his reaction to IMF calling for greater transparency.
El Salvador Considers Opening 'Bitcoin Embassy' in Texas
El Salvador is in discussions to open a "bitcoin embassy" in Texas, El Salvador's Ambassador to the U.S., Milena Mayorga, said on Tuesday. "The Hash" panel discusses the latest in El Salvador's stumbling bitcoin experiment and the possible outcomes.
Plano ng El Salvador na Buksan ang ' Bitcoin Embassy' sa Texas
Ang bansa sa Central America ay nagnanais na magbukas ng isang Bitcoin embassy sa "bagong kaalyado" sa Texas, sinabi ni Mayorga sa Twitter, upang tulungan ang "pagpapalawak ng komersyal at pang-ekonomiyang mga proyekto ng palitan."
Paxos To Stop Minting BUSD After Regulatory Action; IMF Issues Warning Over El Salvador’s Bitcoin Experiment
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). The International Monetary Fund (IMF) has warned that bitcoin's risks in El Salvador should be addressed. Shares of Hut 8 Mining continue to slide after agreeing to merge with U.S. Bitcoin Corp last week.