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Tag: El Salvador

El Salvador president predicts ‘gigantic price increase’ for Bitcoin

January 31, 2022 wp-bot Cointelegraph

There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said.

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IMF Tells El Salvador: Costs of Making Bitcoin Legal Tender Exceed Potential Benefits

January 30, 2022 wp-bot Bitcoin News

The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed

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Staying cool: Is crypto snowballing to 1 billion users this year?

January 28, 2022 wp-bot Cointelegraph

Demographics rule: “Younger people are more likely to embrace crypto than older generations.” Meanwhile, the Great Transfer of Wealth is coming.

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Fading power? Weak DOGE spike after Elon Musk makes McDonald’s offer

January 26, 2022 wp-bot Cointelegraph

The Twitter feud between Elon Musk and McDonald’s has escalated after the Tesla CEO offered to eat a happy meal on television

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IMF urges El Salvador to remove Bitcoin’s status as legal tender

January 25, 2022 wp-bot Cointelegraph

According to the IMF’s executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection.

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IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo Wallet

January 25, 2022 wp-bot Bitcoin News

The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador

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