El Salvador


Markets

Por qué bitcoin podría ser algo bueno para El Salvador

La adopción de esa criptomoneda como de curso legal podría ayudar a impulsar la economía del país, dice nuestra columnista, pero hay riesgos si el gobierno se excede en la concesión de nuevos préstamos.

Salvadoran President Nayib Bukele

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EQIFI CEO: Biggest Challenge for Stablecoins Is 'Loss of Faith'

Responding to El Salvador potentially issuing its own stablecoins, Brad Yasar, CEO of EQIFI, a decentralized protocol for pooled lending and borrowing, says the biggest risk of stablecoins is "loss of faith" and "proving to the users that it is truly stable." Plus, what to expect from the presidential working group's meeting on stablecoins and "game-changing" DeFi projects to watch for.

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Crypto and Security: Tips to Prevent Hacks for Exchanges to Nations Embracing Bitcoin

Kris Constable, CEO of bitcoin wallet app CoinOS, discusses how his company is helping to combat the “perpetual problem” of crypto exchanges falling victim to hacks. Meanwhile, NextWorldLeader’s Shannon Allen shares his take on the DeFi sector becoming a prime target for hackers. “Code auditing is key,” Allen said.

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Markets

El Salvador May Issue Its Own Stablecoin: Report

El Salvador President Nayib Bukele's brothers reportedly presented the plan to foreign investors.

Salvadoran President Nayib Bukele

Markets

Strike's Jack Mallers on Fixing the Fiat Problem

Jack Mallers discusses Bitcoin, El Salvador and how Strike can capture the power of open networks to spread further than fintech.

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Paraguay to Join El Salvador in Bitcoin Adoption?

El Salvador’s bitcoin adoption appears to be influencing lawmakers across Latin America to begin exploring their own crypto strategy. Paraguay is unveiling a crypto bill, but its proposed laws are nothing like those of El Salvador. Juanjo Benitez Rickmann, CEO of Bitcoin.

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Survey: Most Salvadorans Skeptical of Bitcoin as Legal Tender

JPMorgan is casting doubt on El Salvador adopting bitcoin as its legal tender, saying there is widespread skepticism and hesitancy in the country regarding bitcoin as a medium of exchange in a new survey. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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El Salvador’s Bitcoin Adoption Is ‘Trendsetting,’ Says Voyager Digital CEO

Voyager Digital CEO Steve Ehrlich responds to claims that El Salvador’s bitcoin adoption is not significant. “Being the first country to accept [bitcoin] as legal tender is trendsetting,” he said, adding “it will be a model for what others do.”

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Jim Rogers: El Salvador’s Bitcoin Adoption ‘Unlikely’ to Trigger Domino Effect

International investor Jim Rogers says “it’s unlikely” to the potential domino effect of El Salvador adopting bitcoin as legal tender around the world. “El Salvador has rarely, if ever, been a trendsetter that the world follows,” Rogers said.

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El Salvador Could Face 'Limitation' on Bitcoin's Use as Medium of Exchange: JPMorgan

The bank points to bitcoin's illiquid nature, volatility and U.S. dollar conversion risk as major limitations for its use as legal tender.

JPMorgan