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El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid

El Salvador president Nayib Bukele has filed paperwork to be re-elected in the country’s upcoming 2024 presidential election in February.Bukele, a Bitcoin advocate, received strong support from the public on Oct. 26 after he was officially nominated by his party to run for re-election.“Five more [years], five more and not

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El Salvador President Nayib Bukele to Introduce Bill Eliminating Taxes on Technology Innovations

It is unclear yet if this measure will extend to bitcoin (BTC) applications, but El Salvador and its president are known for being bitcoin-friendly, in 2021 becoming the first nation to make the crypto legal tender. The country's legislature earlier in 2023 passed a law paving the way for a

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El Salvador’s President Nayib Bukele and Tron’s Justin Sun to Buy One Bitcoin Every Day

Sun's Tron DAO Reserve, a community-focused body that supports development on the Tron network, has acquired millions in BTC, Tron's native token TRX and tether (USDT) as collateral backing its dollar-pegged stablecoin USDD. At press time, the collateral backing USDD included 14,040.6 BTC, 240 million USDT, 442,323,460, and 954 million

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77% of El Salvadorans Don’t Believe In President Nayib Bukele’s Bitcoin Dream

A survey by the Central American University suggests that the majority of El Salvadorans disapprove of the government’s Bitcoin endeavor.  More than 77% of the respondents want the government to stop spending money on Bitcoin-related projects. El Salvador failed to make it to the top 15 list in terms of crypto remittances. President

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Salvadoran President Nayib Bukele Takes Aim at Bitcoin Detractors, Says the Ones Who Are Afraid ‘Are the World’s Powerful Elites’ – Bitcoin News

It’s been over a year since El Salvador codified bitcoin as legal tender in the Latin American country, and by popping the ‘orange pill,’ the country was propelled into the international spotlight. At the end of September, the 41-year-old Salvadoran president Nayib Bukele penned an opinion editorial that takes aim

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Nayib Bukele Attributes Tourism Recovery in El Salvador to Bitcoin, Surf, and Crime Reduction – Bitcoin News

Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements, including surfing, bitcoin, and overall crime reduction. El Salvador was one of the 15 countries that managed to take their tourism incomes to pre-pandemic numbers according to

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El Salvador’s President Nayib Bukele Has Purchased 80 Bitcoins At $19,000 Each

El Salvador has recently purchased 80 Bitcoins. Nayib Bukele tweeted his support towards Bitcoin during its bear run,adding that Bitcoin is indeed the future.  Despite the prices of Bitcoin plunging to new lows, El Salvador’s president Nayib Bukele seems to be unfazed by the ongoing bearish sentiment prevalent in the market. Bukele

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