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El Salvador
Domino Effect of El Salvador’s Currency Law
Edan Yago, the co-founder of decentralized finance (DeFi) protocol Sovryn with business interests in Latin America, explores the domino effect of El Salvador's bitcoin adoption on other countries. Plus, reaction to U.S. lawmakers' concerns of bitcoin's volatility.
Making Bitcoin Legal Tender in El Salvador an 'Interesting Experiment,' Central Banking Official Says
At the same time, the BIS executive cast doubts on the cryptocurrency as a "means of payment."
Cryptocurrency’s Environmental Concern
Argo Blockchain CEO Peter Wall addresses bitcoin's growing energy problem in light of recent developments around El Salvador exploring volcano-powered bitcoin mining and China's continued crackdowns on bitcoin mining operations. Plus, his comments on Argo's recent stock performance and outlook.
Explosive Growth? El Salvador Explores Volcano-Powered Bitcoin Mining
Volcano-powered bitcoin mining goes from Twitter idea to official state policy in El Salvador, with President Nayib Bukele stating he would encourage volcano mining in the nation. He has instructed a state-owned geothermal electric company to make green energy available to do so. Is El Salvador becoming a bitcoin mecca? "The Hash" panel weighs in.
El Salvador's Bitcoin Bill Raises 'Issues': IMF Spokesperson
Gerry Rice said El Salvador's plan to adopt bitcoin as legal tender raises "macroeconomic, financial and legal issues."
Bitcoin Price Rises Above $37K. What's Next?
The price of bitcoin has risen above $37,000 amid bullish news from El Salvador adopting bitcoin as legal tender and bearish news from China cracking down on more mining operations. Lindsay Joo of BitBull Capital shares her analysis of the possible factors impacting BTC's price and where we go from here. Plus, altcoins of interest to Joo and the inflation impact on crypto markets.
Americans Earned Over $4B in Bitcoin in 2020, More Than Triple the Investors in Other Countries
A new study that shows which countries have realized the most bitcoin gains reveals American investors earned over $4 billion in bitcoin in 2020, more than triple that in any other country. CoinDesk’s Director of Data and Indexes Galen Moore digs into the data.
Volcano-Powered Bitcoin Mining Goes From Twitter Idea to State Policy in El Salvador
President Nayib Bukele is moving on multiple fronts to make El Salvador an unlikely bitcoin mecca.
El congreso de El Salvador aprobó el uso de bitcoin como moneda legal
Una supermayoría de la legislatura de ese país votó a favor de la adopción del bitcoin como moneda de curso legal en la madrugada del miércoles.
