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El Salvador News

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El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency...

El Salvador purchases first 200 BTC, President Bukele confirms

2021-09-06T22:52:53+01:00

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The majority of El Salvadorans are skeptical of the country’s impending Bitcoin Law, with 90% describing their understanding of crypto as poor or non-existent.

70% of Salvadorans opposed to Bitcoin Law as Sept. 7 implementation draws near

2021-09-03T04:29:38+01:00

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Market Analysis

$655 million in BTC options expire on Sept. 3, and data suggests bulls may be motivated to break the $50,000 resistance prior to the expiry.

Bitcoin bulls target $50K as Friday’s $655M BTC options expiry approaches

2021-09-01T22:20:00+01:00

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The National Civil Police later released a statement saying Mario Gómez’s detainment was related to an investigation for financial fraud.

El Salvador police arrested and released Bitcoin detractor without a warrant

2021-09-01T21:30:00+01:00

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El Salvador’s government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize the use of the state-backed “Chivo” wallet.

Legislative Assembly of El Salvador approves $150M Bitcoin Trust

2021-09-01T06:20:17+01:00

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Retirees and veterans in El Salvador are worried that the government will start paying their pensions in Bitcoin instead of the U.S. dollar.

Retirees in El Salvador protest against Bitcoin adoption

2021-08-31T09:10:13+01:00

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Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender.

El Salvador’s Bitcoin adoption may transform remittances in Central America

Osato Avan-Nomayo

2021-08-25T10:49:36+01:00

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According to Nayib Bukele, there will be 200 ATMs and 50 branches capable of converting Bitcoin into U.S. dollars starting on Sept. 7.

El Salvador president announces infrastructure already being built ahead of country's Bitcoin adoption

2021-08-23T16:30:00+01:00

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