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Tag: World Bank

El Salvador President Announces Bitcoin Airdrop Program for Citizens

El Salvador the first country to make Bitcoin a legal tender on June 9 is all set to airdrop bitcoin for citizens to promote its use. President Nayib Bukele in a state address announced they would be airdropping $30 worth of Bitcoin for every registered user in association with a mobile wallet service provider Chivo.

The post El Salvador President Announces Bitcoin Airdrop Program for Citizens appeared first on Coingape.

Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador

Accessing BTC is about to get a lot easier in El Salvador with the crypto ATM rollout.

Nothing will ‘stop’ Bitcoin in El Salvador, says President after IMF, World Bank criticism

President Bukele said nothing can stop Bitcoin from seeing widespread adoption in El Salvador, and he sees no scenario in which it can be stopped.

The post Nothing will ‘stop’ Bitcoin in El Salvador, says President after IMF, World Bank criticism appeared first on CryptoSlate.

BREAKING: Paraguay Proposes a Bill to Make Bitcoin Legal Tender

South American nation, Paraguay is on track to make Bitcoin (BTC) a legal tender following the announcement of the proposal of a bill to support the move. The bill proposal was affirmed by a member of parliament Carlitos Rejala who shot into global fame in the past weeks. The bill, if passed will position Paraguay

The post BREAKING: Paraguay Proposes a Bill to Make Bitcoin Legal Tender appeared first on Coingape.

BIC’s Video News Show: Crypto Crash Review

In this episode of the BeInCrypto video news show, host Jessica Walker takes a closer look at the recent crypto crash. We’ll...

It’s Getting Warmer: Two Cryptocurrency Bills to Become Law in the U.S.

The US Congress recently passed at least two cryptocurrency bills that are supposed to facilitate mainstream adoption of digital currencies. The bill, called the Blockchain Innovation Act, and part of the Digital Taxonomy Act were passed as part of the broader US Consumer Safety Technology Act of 2020.

Opposition files a lawsuit claiming El Salvador President’s bitcoin adoption law is unconstitutional.

A group of citizens joining forces with the political party Farabundo Martí National Liberation Front (FMLN) has filed a lawsuit claiming El Salvador President Bukele’s Bitcoin adoption program is unconstitutional. FMLN legislator, Jaime Guevara, led the move along with citizens, including plaintiff Óscar Artero, who characterize the country’s Bitcoin law as “lacking in legality, foundation, […]

Opposition poses constitutional challenge to El Salvador’s Bitcoin law

A political party in El Salvador has filed a lawsuit alleging President Bukele’s new Bitcoin law could be unconstitutional and harmful to the country.

Understanding Latin America’s Rising Interest in Bitcoin Adoption

Latin American countries have been enacting or even signaling their interest in bitcoin over the last few weeks. Sponsored Sponsored Both El...

Decentral America: Inside the frontier of Bitcoin adoption

Carlos Antonio Rejala Helman, the Paraguayan Deputy Leader, is the latest Latin American statesman to act in the unfolding Latin American cryptocurrency race....

Sunrise brief: IKEA and Rockefeller foundations pledge $1bn for distributed energy push

The IKEA Foundation and The Rockefeller Foundation will jointly set up a $1 billion global platform to fight climate change and energy poverty.The...

World Bank’s Founding Document Makes It Mandatory To Support El Salvador On Implementing Bitcoin

World Bank Snubs El Salvador's Request For Help With Integrating Bitcoin
The World Bank recently rejected a request from El Salvador for assistance with its adoption of Bitcoin as legal tender. Despite this, President Nayib Bukele’s dogged pursuit to make Bitcoin a legal tender in El Salvador may soon become a reality as the World Bank’s founding document stipulates that the Bank must accept payments in […]

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