el salvador

Although the price of bitcoin remains relatively stable, there is reason to believe a major breakout is imminent.

A pair of high-ranking officials in El Salvador’s ruling party, Nuevas Ideas, took aim at critics who stand in opposition to the country’s forthcoming Bitcoin legal tender law on Tuesday.

The Finance Commission of the Legislative Assembly of El Salvador agreed Monday to create a $150 million Bitcoin trust to facilitate exchange between Bitcoin and U.S. dollars in El Salvador.

Following in El Salvador’s footsteps, Panama remains poised to become a leading bitcoin adopter.

Small groups of protestors have taken to the streets one week before El Salvador adopts Bitcoin as legal currency. Protests against the Bitcoin law are becoming more common ahead of it taking effect on September 7th.

Reflections on an informative and exciting trip to El Salvador, the center of bitcoin adoption.

The President of El Salvador, Nayib Bukele, announced that 200 ATMs and 50 in-person kiosks are being built to launch on September 7. President Bukele also noted that the government will facilitate the buying and selling of Bitcoin without collecting any commission.

The document detailing the new guidelines has been released for comment, apparently encompassing only BTC/USD exchange providers.

Despite a small country living on a bitcoin standard, the first step is always the hardest, and a domino effect might bring bigger players to the game.

An initiative in El Zonte, El Salvador is seeking bitcoin donations to help provide the community with proper dental care.