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The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the group is having talks with people of the Salvadoran government about tax and money laundering matters, including critical issues that
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El Salvador has been on the radar of leading financial and economic institutions since it made Bitcoin a legal tender. It has mainly become a spectacle as cryptocurrency supporters and non-supporters alike watch on to see how this plays out. El Salvador which had made good on its bitcoin promise
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Nayib Bukele recibe a representantes financieros de 44 economías en desarrollo en la reunión anual de la Alianza para la Inclusión Financiera. Original Source
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El Salvador’s president Nayib Bukele has announced that 44 nations are coming together in El Salvador to discuss Bitcoin. Apart from discussing Bitcoin, significant emphasis will be laid on topics such as financial inclusion, banking the unbanked, digital payments, and El Salvador’s bitcoin rollout and its benefits. President of El Salvador Nayib
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President Nayib Bukele said El Salvador bought an additional 500 BTC on Monday The Central American Jurisdiction previously approved Bitcoin as legal tender in 2021 Justin Sun’s Tron DAO Reserve also purchased 500 BTC during Monday’s market tumble The massive buy could be earmarked for Tron’s USDD algorithmic stablecoin reserve El Salvador announced a
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President Nayib Bukele tweeted that his country “just bought the dip.” Source
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El Salvador’s government-backed Bitcoin (BTC) wallet has reached significant success in terms of adoption, according to an exec at the cryptocurrency exchange behind the wallet.The Chivo wallet was launched in conjunction with BTC becoming legal tender in El Salvador on Sept. 7, 2021. The official platform allows users to buy
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Cuando la compañía cripto Athena Bitcoin comenzó a operar, en 2015, prometió convertirse en un actor importante de su sector. La firma, con sede en Chicago, comenzó a realizar transacciones a través de mesas de operaciones extrabursátiles, también conocidas como over-the-counter (OTC), y proporcionó a los primeros inversores una plataforma
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According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study: Only 4
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Summary: Bitfinex and Tether have set up a relief fund to help families in El Salvador affected by gang violence Both Bitfinex and Tether initially donated 25 Bitcoin to the fund Donations have grown to 36 Bitcoin, valued at roughly $1.5 million El Salvador’s President has been committed to the fight against gangs and
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