El Salvador’s president wants to build volcano-powered crypto miners
Bitcoin is heating up — some may say erupting — as the Latin American country plans to tap energy from volcanoes for mining the cryptocurrency. Go to Source Powered by WPeMatico
El Salvador
Auto Added by WPeMatico
Bitcoin miner Poolin immortalizes El Salvador’s BTC adoption on the blockchain
El Salvador accepting Bitcoin as legal tender is now forever etched on the blockchain as mining pool Poolin adds a newspaper headline to block 686,938. Go to Source Powered by WPeMatico
El Salvador Bitcoin Law Making BTC Legal Tender Passes With Supermajority
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private natural or legal persons require carrying out,” … Read more
Mexico lawmakers aim to follow the example of neighboring countries with proposed Bitcoin legislation
“We are going to lead the shift to crypto and fintech in Mexico,” said one senator. Go to Source Powered by WPeMatico
Latin lawmakers don lazer eyes on Twitter in support of Bitcoin
An increasing number of Latin American lawmakers are donning Lazer eyes on their Twitter avatars to express their support for Bitcoin and digital assets. Go to Source Powered by WPeMatico
El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted the possibility of offering permanent residence to crypto … Read more
Bitcoin users will get help relocating and working in El Salvador: President
Nayib Bukele says he wants to help entrepreneurs embrace El Salvador as a base, with Bitcoin free from capital gains tax. Go to Source Powered by WPeMatico
BTC price doesn’t care about El Salvador? 5 things to watch in Bitcoin this week
News of a major adoption move has no impact on lackluster BTC price action prior to government approval — can anything lift Bitcoin out of its range? Go to Source Powered by WPeMatico
El Salvador’s President Nayib Bukele Plans to Declare Bitcoin Legal Tender Next Week
At the Bitcoin 2021 conference in Miami, El Salvador’s president, Nayib Bukele, appeared via a Zoom presentation and noted that he plans to submit a bill next week that recognizes bitcoin as legal tender. Bukele revealed a partnership with the company Strike, a bitcoin payments firm launched by Jack Mallers. Progressive President Nayib Bukele Says … Read more
