Search Result for 'El Salvador'

There is an old adage in the market that traditional institutional ratings are lagging indicators. The recent experience of Bitcoin holder El Salvador also suggests that. Credit rating agency Fitch downgraded El ...

Volcano Energy will invest $1 billion (about 140 billion yen, equivalent to 140 yen to the dollar) in building a Bitcoin mining facility in El Salvador. The company posted a press release ...

Invested more than 35 billion yen in Volcano Energy Tether, which issues the US dollar stablecoin "USDT", announced on the 5th that it has invested in a startup company "Volcano Energy" aiming ...

Tax exemption bill for technological innovation El Salvador's President Najib Bukele said on Wednesday that he plans to introduce a bill to eliminate all taxes on software and hardware innovations. President Bukele ...

Concerned about risks posed by Bitcoin The International Monetary Fund (IMF) released a report on the financial situation of El Salvador on the 10th. While appreciating the economic growth of El Salvador ...

Progress toward Bitcoin bond issuance El Salvador's parliament has passed a bill on digital assets, the Digital Securities Law. The law applies to digital assets other than Bitcoin (BTC), which the country ...

Central American country El Salvador has deferred its plans to issue the much-awaited Bitcoin Bond due to the current market conditions, the country’s Finance Minister Alejandro Zelaya told local media “Frente a ...

El Salvador, the first country to adopt Bitcoin as its legal tender, is ready to launch the bitcoin-backed bonds to fund the establishment of Bitcoin city as well as mining and energy ...

El Salvador’s pro-Bitcoin president Nayib Bukele has now revealed plans to offer citizenship to foreign investors as part of the multiple reforms he seeks to propose to Congress. According to a tweet ...

US Senators Bill Cassidy, Jim Risch, and Bob Menendez introduced a bipartisan bill on Wednesday that seeks to review El Salvador's Bitcoin bill and form a plan to mitigate its “potential risks ...