Tag: el salvador

Mar 24 2023

Bitcoin-Friendly El Salvador Wants To Waive Taxes For Tech Innovation

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...

Mar 15 2023

El Salvador Launches CUBO+ Educational Program Aimed At Producing Elite Bitcoin And Lightning Developers

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....

Mar 14 2023

Bitcoin Education Can Be The Foundation For Global Change, But It Must Be Local

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

Feb 28 2023

Salvadoran Bitcoin Education Program Is Launching A New Curriculum In English

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...

Feb 15 2023

El Salvador Seeks to Establish ‘Bitcoin Embassy’ in Texas

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 ‘

Feb 14 2023

El Salvador To Open A Bitcoin Embassy In Texas

Feb 14 2023 Published at Bitcoin Magazine under tags  adoption el salvador news texas

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....

Building On Human Ingenuity, Bitcoiners Are Fixing The Fragmented World

Feb 14 2023 Published at Bitcoin Magazine under tags  cbdcs culture davos el salvador opinion

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...

Jan 28 2023

El Salvador’s Volcano Token All Set To Go Live This Year

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...

Jan 24 2023

El Salvador President criticizes ‘legacy’ media outlets’ unfair coverage

Jan 24 2023 Published at CryptoSlate under tags  adoption bitcoin el salvador people tokens

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...

Jan 17 2023

Jack Dorsey finances Bitcoin education in El Salvador

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...

Jan 12 2023

El Salvador Approves Crypto Bill to Make Bitcoin ‘Volcano Bonds’ A Reality

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....

Jan 11 2023

El Salvador’s Legislature Approves Landmark Digital Securities Bill Paving Way For Bitcoin Bonds

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...

Jan 03 2023

2022 Paved The Way For National Bitcoin Adoption, And 2023 Will Be Even Bigger

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...

Dec 14 2022

Visiting El Salvador’s Slums, It’s Clear Bitcoin Country Must Go Further

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...

Dec 08 2022

El Salvador buys back sovereign bonds to reduce debt

Dec 08 2022 Published at CryptoSlate under tags  adoption bitcoin el salvador politics

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...

Dec 06 2022

Adopting Bitcoin: El Salvador Has Work To Do, But The Experiment Is Worth Celebrating

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...

Nov 29 2022

Visiting El Salvador, It’s Clear That Bukele’s Bitcoin Country Is Neither Utopian, Nor Totalitarian

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...

Nov 23 2022

El Salvador Takes First Step To Issue Bitcoin Volcano Bonds

Nov 23 2022 Published at Bitcoin Magazine under tags  bill bitcoin bond el salvador law legal

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...

Nov 18 2022

‘We Are Buying One Bitcoin Every Day,’ Announces El Salvador President Nayib Bukele

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

The Challenges Of Bitcoin Adoption Aren't Stopping Salvadorans

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...

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