Published 3 years ago

Bitcoin becomes legal tender in El Salvador

Summary by Ground News

El Salvador’s President, Nayib Bukele, announced Monday: “El Salvador has just bought its first 200 coins. Our brokers will be buying a lot more as the deadline approaches” At the current BTC price of $51,691, the 200 bitcoins are worth about $10.34 million. A growing number of bitcoin supporters are planning to buy $30 worth of BTC to show their support.

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Times of India

In world first, bitcoin becomes legal tender in El Salvador

Cryptocurrency News: SAN SALVADOR: El Salvador on Tuesday became the first country in the world to adopt bitcoin as legal tender, a real-world experiment proponents say wi.

3 years ago·India

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BBC News

Fear and excitement in El Salvador as Bitcoin becomes legal tender

Millions of Salvadorians are expected to download a digital wallet app with $30 of free Bitcoin.

3 years ago·United Kingdom

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Yahoo News

Global communities pledge to buy $30 worth of BTC on “Bitcoin Day”

To mark El Salvador officially making Bitcoin legal tender, global Bitcoin communities have pledged to buy $30 worth of BTC on Tuesday September 7.

3 years ago·Los Angeles, United States

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News18 India

El Salvador Buys First 200 Bitcoins Ahead Of Legal Adoption

SAN SALVADOR: El Salvador has bought its first 200 bitcoins, President Nayib Bukele said on Monday, one day before the country formally adopts the cryptocurrency as legal tender.

3 years ago·India

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The Independent

El Salvador could be hit by a ‘crypto crash’ after it adopts bitcoin | Sean O’Grady

There’s probably very little regulators can do about a virtual currency such as bitcoin that acts beyond the law, which is both its charm and, very possibly, its curse

3 years ago·London, United Kingdom

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Reuters

El Salvador becomes the world's first Bitcoin fiat currency adopter

[San Salvador, 7th Reuters] --On the 7th, El Salvador in Central America became the world's first country to recognize Bitcoin, a crypto asset (virtual currency), as legal tender. However, there were problems such as the government temporarily disconnecting the connection in order to deal with the importance of downloading electronic wallets. Citizens of El Salvador tried to download the official electronic wallet "CHIVO" on the morning of the 7…

3 years ago·United Kingdom

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