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El Salvador Won’t Sell Its Bitcoin — President Bukele Says ‘at the end 1 BTC = 1 BTC’

El Salvador Won’t Sell Its Bitcoin — President Bukele Says ‘at the end 1 BTC = 1 BTC’El Salvador president, Nayib Bukele, has affirmed that his country will not sell its bitcoin, emphasizing that “At the end 1 BTC = 1 BTC (this was true when the market price was low and it’s true now).” Bukele further shared: “Now that bitcoin’s market price is way up, if we were to sell, we […]

Bitcoin Hits $99,997 Low as Crypto Market Faces Sharp Declines

US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender

US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal TenderSeveral U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money laundering cartels and undermines U.S. interests,” said a U.S. senator. US Concerned About Risks From El Salvador’s Bitcoin Law The U.S. Senate Committee on […]

Bitcoin Hits $99,997 Low as Crypto Market Faces Sharp Declines

Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador

Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El SalvadorBank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings to El Salvador as Legal Tender Bank of America (BOA) outlined some potential benefits […]

Bitcoin Hits $99,997 Low as Crypto Market Faces Sharp Declines