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“# World Bank refuses El Salvador’s request for help on BTC transition ” The World Bank has refused El Salvador’s request for help on the country’s transition to adopting Bitcoin as legal tender. It cited issues with Bitcoin’s environmental impact and transparency as reasons why it will not support El Salvador move to adopt Bitcoin…
“# El Salvador reportedly weighing paying employees in Bitcoin ” Rolando Castro, the Minister of Labor and Social Welfare in El Salvador has said that the government is discussing whether companies in the country should pay their employees in Bitcoin. According to local radio station 107.7 Fuego GMV, Castro has discussed the issue of employers…
“# Latin American telecom company accepts crypto payments through BitPay ” GoldConnect, a Latin American telecommunications wholesaler, announced Tuesday that it will allow customers to pay with cryptocurrencies through payment processor BitPay, marking another important milestone in the region’s embrace of Bitcoin (BTC). Crypto payments can be made directly through LatamConnect, a platform that connects…
“# El Salvador’s Bitcoin adoption an ‘interesting experiment,’ says BIS exec ” Benoît Cœuré, Bitcoin (BTC) critic and the head of the innovation hub at the Bank of International Settlements, called El Salvador’s historic move to make BTC legal tender in the country an “interesting experiment.” According to Reuters, Cœuré made this assertion during the…
“# IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin ” The International Monetary Fund has said El Salvador’s recent decision to make Bitcoin legal tender in the country may raise legal and financial concerns. In a Thursday press briefing from the International Monetary Fund, or IMF, spokesperson Gerry Rice…
“# El Salvador’s president wants to build volcano-powered crypto miners ” Nayib Bukele’s plans for crypto in El Salvador are still in motion, with the president now calling for a geothermal power company to make certain facilities available to Bitcoin miners. In a Wednesday tweet from Bukele, the president said he would be instructing Mynor…
“# El Salvador President: Bitcoin law will be approved tonight ” Nayib Bukele, the president of El Salvador says there’s almost “a 100% chance” his bill to make Bitcoin legal tender will pass tonight. In a Twitter Spaces conversation happening now (5.20AM UTC) he said the bill was currently in debate and as his party…
“# Mexico lawmakers aim to follow the example of neighboring countries with proposed Bitcoin legislation ” Eduardo Murat Hinojosa, a senator of the federal government of Mexico, has said he will be submitting a proposal to lawmakers seemingly aimed at crypto adoption in the country. In a tweet today, Hinojosa changed his profile picture to…
“# Latin lawmakers don lazer eyes on Twitter in support of Bitcoin ” Gabriel Silva, a Panamanian congressman, is moving to follow in El Salvador’s footsteps by proposing legislation to adopt Bitcoin and other cryptocurrencies on a national scale. El Salvador’s president, Nayib Bukele announced during the Miami Bitcoin conference on June 6, that he…
“#COVID overwhelms Latin America, Caribbean as death toll hits 1M” Freshly dug open graves line a municipal cemetery in Tijuana, just one of thousands of burial sites across Latin America and the Caribbean where gravediggers are making room for the region’s one million COVID-19 victims. The region hit the grim milestone Friday, with South America…