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“# Law Decoded: US as an anatomical theater of crypto regulation, Sept. 13–20 ” Fall is traditionally the open season for United States financial regulators. The thicket of news coming out of Capitol Hill, federal courts and various regulatory agencies can feel overwhelming around this time, especially for those of us residing outside of these…
“# El Salvador acts on Bitcoin price dip and buys 150 BTC ” Despite warnings from global agencies regarding its adoption of Bitcoin (BTC), El Salvador’s government continues to seize market opportunities. As the Bitcoin price fell below $46,000 on Monday morning, Salvadoran President Nayib Bukele announced on Twitter that the country has “bought the…
“# ‘Best bear market ever’ — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week with a decidedly bearish move — but one which fails to shake investor confidence in the bull run. A mixed weekend saw BTC/USD close above $47,000, only to lose all of its previous gains…
“# El Salvador ranks third in global Bitcoin ATM installations, data finds ” El Salvador now hosts the third-largest network of crypto ATMs after the United States and Canada, amounting to 70% of all crypto ATMs in South America. According to data from Coin ATM Radar, El Salvador has exceeded United Kingdom’s crypto ATM count…
“# El Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P Global ” Credit rating agency Standard and Poor (S&P) Global believes the country of El Salvador has severely harmed its credit rating after enacting its Bitcoin Law recognizing BTC as legal tender nationwide on Sept. 7. According to a Sept. 16 report…
“# Protesters burn Bitcoin ATM as part of demonstration against El Salvador president ” Bitcoin detractors and those protesting the policies of El Savador President Nayib Bukele have destroyed a crypto kiosk in the nation’s capital city. News outlet Teleprensa and others posted videos on social media showing a Chivo-supported kiosk in San Salvador burning…
“# El Salvador’s Bitcoin wallet is ‘95% fixed,’ President Bukele says ” Just a week after Bitcoin (BTC) became legal tender in El Salvador, President Nayib Bukele has admitted that the rollout of the state Bitcoin wallet was too much of a challenge. Chivo, El Salvador’s official Bitcoin wallet, has temporarily disabled new registrations and…
“# Law Decoded: The aftermath of El Salvador’s pioneering move, Sept. 6-13 ” Too much is happening in the realm of crypto policy and regulation to leave the biggest developments of each week without a roundup and at least some conceptual reflection. Starting today, we are getting back to decoding crypto law and everything around…
“# El Salvador’s Bitcoin day: The first of many or a one-off? ” On Sept. 7, in a historic first, the small Central American nation of El Salvador adopted Bitcoin as legal tender. The true significance of this day for how people all around the world exchange value and what meaning they ascribe to the…
“# Bitcoin investors are reportedly exempt from taxes in El Salvador ” The government of El Salvador will reportedly exempt investors from paying a capital gains tax and an income tax on Bitcoin (BTC), according to a presidential legal counsel. Javier Argueta, a legal adviser to President Nayib Bukele, is looking to encourage foreign investment…