Tag: el salvador

El Salvador wants to waive taxes to spur technology innovations after becoming the first country in the world to make Bitcoin legal tender two years ago. Spurring Technology Innovation President Nayib Bukele announced on Friday that he will send a bill to Congress next week to eliminate all taxes on software programming, coding, apps, artificial intelligence (AI) development, and computing and communications hardware...

Bitcoin Country seeks to generate world-class Bitcoin and Lightning engineers through a new program utilizing the university system.El Salvador’s Bitcoin Office has announced a new six month educational program entitled “CUBO+” that aims to produce elite-level Bitcoin and Lighting developers through the Salvadoran university system....

Bitcoin education can change the world, but it has to be community-led, independent and focused on putting tools in students’ hands....

Mi Primer Bitcoin’s new diploma program is set to expand opportunities for learning about Bitcoin in high schools that adopt it.Mi Primer Bitcoin, a Bitcoin education program based in El Salvador, has announced a new and improved diploma program in English. According to Dalia Platt, head of curriculum for Mi Primer Bitcoin, the “aim is to change the way people learn about...

El Salvador, the Central American country that emerged as the first nation to officially adopt Bitcoin as a legal tender in September 2021 has announced plans to open a ‘

A new link between the Central American nation and Texas has been borne out of Bitcoin.After opening its first Bitcoin Embassy in Lugano, Switzerland, El Salvador is opening a second one in Texas....

While global elites tout financial surveillance through CBDCs, Bitcoiners are demonstrating the human goodwill made possible through self sovereignty.This is an opinion editorial by Nozomi Hayase, Ph.D., who has a background in psychology and human development.In the middle of January, global leaders...

The Latin American country El Salvador is closer to realizing its dream of creating the Bitcoin City. As per reports, crypto exchange Bitfinex will issue the country's long-awaited...

El Salvador's president Nayib Bukele criticized "legacy international news outlets" for failing to cover his country's repayment of its $800 million bond debt in a Jan. 23 Twitter thread. Bukele said that the outlets had extensively predicted that the South American country would default on its debts because of its "Bitcoin bet." He noted that some of these firms wrote that his country...

Mi Primer Bitcoin, the El Salvador based organization received 0.26 BTC in funding from Twitter co-founder Jack Dorsey. Co-founder and former CEO of Twitter Jack Dorsey donated to an El Salvador Bitcoin educational organization earlier today, marking his first act of crypto philanthropy. Mi Primer Bitcoin, which translates to "My First Bitcoin," is an initiative […] The post...

El Salvador’s Legislative Assembly has approved the digital asset bill, setting the legal framework for issuing Bitcoin-backed bonds. In an announcement on Wednesday, the country’s Legislative Assembly said the Digital Assets Issuance Law had passed with 62 votes in favor....

The country’s legislative body has completed the next step towards the issuance of El Salvador’s bitcoin bonds.El Salvador has voted to pass a bill which paves the way for the issuing of President Nayib Bukele’s bitcoin bonds. The plan, which was announced in November 2021, would entail El...

In 2022, nation state Bitcoin adoption accelerated, setting the stage for even more progress this year.This is an opinion editorial by Samson Mow, CEO of JAN3 and former CSO of Blockstream.Approximately one year ago, I had the opportunity to speak at Feel The Bit in El Salvador alongside President...

A visit to Soyapango, one of El Salvador’s most impoverished slums, shows that the Bitcoin experiment isn’t reaching those who need it most.This is an opinion editorial by Rikki, author and co-host of the “Bitcoin Italia,” and “Stupefatti” podcasts. He is one half of the Bitcoin Explorers, along with Laura, who chronicle Bitcoin adoption around...

The Republic of El Salvador has announced that it has completed the second repurchase of its sovereign bonds maturing in 2023 and 2025. According to a press release shared by President...

Visiting El Salvador for the Adopting Bitcoin conference showed that the country’s experiment needs more time, but is worth celebrating.This is an opinion editorial by Rikki, author and co-host of the "Bitcoin Italia," and "Stupefatti" podcasts. He is one half of the Bitcoin Explorers, along with Laura, who chronicle Bitcoin adoption around the...

After a week in El Salvador, it’s clear that state-run Bitcoin adoption is a slow but critical foundation for revitalizing the country.This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech- oriented Bitcoin podcast host.I recently spent a week in El Salvador to attend Adopting Bitcoin and decided it might be worthwhile to summarize my...

A digital securities bill has been presented to El Salvador’s Congress, paving the way for the issuance of bitcoin-backed bonds.El Salvador's Minister of the Economy Maria Luisa Hayem Breve submitted a digital assets issuance bill to the country's legislative assembly, paving the way for the launch of its bitcoin-backed "volcano" bonds.First announced...

President of El Salvador has announced that the Central American country would start buying one Bitcoin per day starting on November 18.

Citizens of El Salvador still face certain obstacles in their bitcoin adoption journey, but still look forward to the future.This is an opinion editorial by Rikki, Bitcoin explorer, author and co-host of the "Bitcoin Italia," and "Stupefatti" podcasts.All images included in this article are sourced from the author.Although Bitcoin adoption and usage among the common people of El...