El Salvador

January 27, 2022
Is the IMF worried about the future of finance? premium
The International Monetary Fund urging El Salvador to reverse its decision on making Bitcoin legal tender is baffling. The central American country became the first to make the world’s largest cryptocurrency legal tender back in September last year. Naturally, the situation in El Salvador needs to lot of careful monitoring to ensure the Bitcoin rollout really does benefit the people. Yet the IMF pressing the country to ditch such a pioneering financial policy in an attempt to Read More
September 7, 2021
History in the making as El Salvador adopts Bitcoin as legal tender premium
As El Salvador becomes the first country in the world to make Bitcoin official legal tender on Tuesday, I will explain to BBC News tomorrow why it could help boost the country’s economic growth and jobs. The smallest country in Central America will adopt the world’s largest cryptocurrency by market cap as national currency alongside the U.S. dollar. As it stands, outside of the U.S. and its territories, there are seven other sovereign nations using the Read More
June 10, 2021
El Salvador adopts Bitcoin as legal tender premium
Wednesday 9June was a momentous day for crypto. El Salvador became the first country in the world to adopt Bitcoin as official legal tender. The Legislative Assembly of El Salvador voted to pass a bill that declared Bitcoin as legal tender, as per the Communications Secretariat of the Presidency of the Republic of El Salvador, receiving 62 out of 84 votes. As I was quoted by Forbes, Yahoo News, City AM and Verdict, amongst others, although it is the first to adopt the Read More

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