You Searched For "el salvador free money" and got 19 results
Sort By:
4 mins read
El Salvador is pushing for the use of Bitcoin with ATMs, digital wallets and free money — but participation is not ‘mandatory’
El Salvador’s President, Nayid Bukele, is leaving no stone unturned in trying to get the country’s …
2 mins read
El Salvador's bitcoin-loving president hits out at the 'boomer' senators who want the US to examine its crypto adoption
"We are not your colony, your back yard or your front yard," Bukele said, as the bill called on the…
Adam Morgan McCarthy
2 mins read
The IMF is urging El Salvador not to use bitcoin as legal tender citing the 'large risks' associated with the cryptocurrency
Using bitcoin as legal tender "entails large risks for financial and market integrity, financial st…
Isabelle Lee
2 mins read
El Salvador's adoption of bitcoin as legal tender poses challenges for the network, JPMorgan says
A large portion of bitcoin is held up in illiquid entities, with more than 90% not being used in tr…
Shalini Nagarajan
1 min read
El Salvador passes law for bitcoin-backed 'volcano bonds' and eyes expanding to other cryptocurrencies
The bond issuance was originally planned for early 2022, and El Salvador seeks to raise $1 billion …
Brian Evans
1 min read
The biggest crypto heist of all time, free money and tax on crypto transactions — here’s what happened in the world of crypto this past week
Anti-virus mogul and Bitcoin bull, John McAfee, allegedly committed suicide while waiting to be …
BI India Bureau
1 min read
El Salvador already has $500 million in verbal commitments for its billion-dollar 'meme' bitcoin bond and $5 billion in more bonds could follow
People are more interested in the novelty of the bitcoin bond than its fundamentals, one El Salvado…
Natasha Dailey
3 mins read
Bitso's $2 billion rise shows the power of crypto innovation in Latin America
Bitso "paved the way for much of the crypto ecosystem in Latin America," one expert said, and helpe…
Katie Canales
3 mins read
Crypto airdrops: Here is everything that you need to know
Crypto airdrop is a marketing technique, mostly used to promote a particular crypto product or proj…
2 mins read
El Salvador buys another 150 bitcoins to bring its total holdings of the cryptocurrency to $31 million
El Salvador bought during the latest dip, as bitcoin slipped below $45,000 amid a broader crypto se…
Isabelle Lee
2 mins read
Vitalik Buterin says 'shame on bitcoin maximalists' who support El Salvador's president in forcing businesses to accept the cryptocurrency
Forcing businesses to accept a particular cryptocurrency goes against the the ideals of freedom imp…
Shalini Nagarajan
2 mins read
Bitcoin crash erases $36 million in value from El Salvador government's massive crypto investment as national debt grows
El Salvador became the first country to make bitcoin legal tender in September despite multiple war…
Hannah Towey
2 mins read
El Salvador recruits Mike Novogratz-backed crypto unicorn BitGo to code its official bitcoin wallet
The crypto unicorn, backed by billionaire Mike Novogratz, provided the Chivo wallet's programming i…
Shalini Nagarajan
2 mins read
El Salvador's President says the country has prepared to adopt bitcoin as legal currency in September by installing 200 ATMs and prepping bank branches to handle crypto
President Nayib Bukele announced that El Salvador is installing bitcoin 200 ATMs and preparing over…
Isabelle Lee
2 mins read
Over half of El Salvador's citizens are skeptical of the country's move to adopt bitcoin as legal tender, survey shows
54% of Salvadorans polled in a new survey viewed the country's bitcoin adoption as "not at all corr…
Emily Graffeo
1 min read
El Salvador has installed its Chivo bitcoin ATMs across the US to make remittances cheaper for Salvadorans living abroad
There are Chivo ATMs located in Los Angeles, Dallas, Houston, and other cities in the US. El Salvad…
Carla Mozée
5 mins read
Photos: Bitcoin has a rocky rollout as El Salvador's new national currency
El Salvador became the first country to make Bitcoin an official currency. Here's what the rollout …
Camilo Freedman
4 mins read
Mexico's cartels are finding new ways to get their hands on a new kind of gun
The flow of black-market weapons facilitates cartel turf wars and has driven killings in Mexico to …
Luis Chaparro
4 mins read
El Salvador’s Bitcoin experiment kicks off in less than a week — but the protests against the cryptocurrency are on the rise
El Salvador is nearing the day of its financial revolution but not everyone is onboard the Bitcoin …