El Salvador
El Salvador Using Crypto Software Firm AlphaPoint to Fix Chivo Wallet Problems
Users of the state-run bitcoin wallet have complained about duplication of identity and the disappearance of funds.
Federal Reserve Could Raise Interest Rate Hikes in March; What This Means for Crypto
The Federal Reserve signaled Wednesday it plans to begin raising interest rate hikes as early as March to combat rising inflation. Gerber Kawasaki Co-founder & CEO Ross Gerber discusses the potential repercussions of the Fed decision on the crypto markets and wider economy.
IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status
The global financial institution said BTC's use as legal tender poses risks to the country's financial stability, integrity and consumer protection.
El Salvador President Nayib Bukele’s McDonald Uniform for Twitter Profile Is All the Rage
El Salvador President Nayib Bukele announced Friday the nation bought 410 additional BTC for $15 million, totaling over 1,500 BTC. Bukele has since changed his Twitter icon to a McDonald’s employee after bitcoin shed 20% in the past week, referencing a meme of HODLers in their future career prospects when BTC crashes.
El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says
The nation now has over 1,500 bitcoins and plans to issue a $1 billion, 10-year bitcoin bond this year.
El Salvador Plans to Offer Crypto-Based Loans for SMEs
The government will launch a first line of $10 million provided by the Solana-based lending platform Acumen in the first quarter of 2022.
The 3 Reasons Behind Bitcoin-Holder El Salvador's Deteriorating Creditworthiness
President Bukele's bitcoin policy and hawkish Fed expectations are clouding the credit outlook.
University of Toronto Researcher: El Salvador's Bitcoin Experiment 'Tells Very Concerning Story'
The Citizen Lab at the University of Toronto's Munk School has published a research paper investigating the Pegasus spyware hacking of media and civil society in El Salvador. Senior Researcher John Scott-Railton shares insights into the key findings. "What has been happening in El Salvador on the technical side tells a very concerning story," Scott-Railton said. Plus, what's the appeal of El Salvador President Nayib Bukele?
Fidelity: ‘Countries That Secure Some Bitcoin Today Will Be Better Off Than Their Peers’
Even if a country doesn’t agree with the fundamentals of bitcoin, it will be forced to acquire some as a form of insurance, Fidelity wrote in a recent report.
