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El Salvador
El Salvador Approves $150M Bitcoin Trust Amid Anti-Bitcoin Protests
In El Salvador, hundreds of protesters have raised their voices against President Nayib Bukele's Bitcoin Law, making bitcoin legal tender in the country beginning September 7. Meanwhile, the Finance Commission of the Legislative Assembly of El Salvador agreed to create a $150 million bitcoin trust to facilitate exchange between BTC and U.S. dollars. "The Hash" panel discusses the possible bumps on El Salvador's road to bitcoin adoption.
El Salvador creará un fideicomiso de Bitcoin de $150 millones para facilitar el intercambio a dólares estadounidenses
El fideicomiso convertirá instantáneamente Bitcoin a dólares, lo que permitirá a los comerciantes locales compensar su exposición a Bitcoin.
President Bukele Confirms El Salvador Will Not Require Bitcoin Acceptance
El Salvador President Nayib Bukele confirmed the use of bitcoin as legal tender would not be mandatory. In contrast to the original Bitcoin Law, the government will not force any of the nation’s residents to receive it as a form of payment.
El Salvador no exigirá la aceptación de Bitcoin , confirma el presidente Bukele
A diferencia de la ley original, el gobierno no obligará a ninguno de los residentes del país a recibir la Criptomonedas como forma de pago, dijo el presidente el lunes.
Could Curacao Adopt Bitcoin as Legal Tender?
Pete Kroll, crypto OG and director of BTC Curacao, which strives to teach the people and businesses of Curacao about bitcoin, discusses his take on the state of crypto in the Caribbean islands and why it could be gravitating toward digital currencies. Plus, the potential opportunities and challenges of bitcoin adoption in Latin America as El Salvador's currency law rolls out in three weeks.
Uso de Bitcoin será “totalmente opcional” en El Salvador, afirma Ministro de Finanzas
Según Alejandro Zelaya, los comercios no serán penalizados si no aceptan Bitcoin.
Fitch advierte que la adopción de Bitcoin en El Salvador será negativa para el crédito de las aseguradoras
La agencia de calificación advierte que existen riesgos regulatorios y operativos adicionales vinculados a la adopción de Bitcoin como moneda de curso legal por parte del país.
The Bitcoin Narrative and the Media
Peter McCormack, host of the popular podcast "What Bitcoin Did," discusses his take on the differences between the bitcoin narrative in U.S. media versus U.K. media and whether there is pressure from the crypto community to report certain views. "If you're not pissing people off, you're not doing your job properly," McCormack said. Plus, insights into project Bitcoin Beach on the heels of his meeting with President of El Salvador Nayib Bukele.
Bitcoin’s Next Move After Breaking $42K
Bitcoin buyers are taking profits after a rally toward $42,000 over the weekend. OANDA Senior Market Analyst Edward Moya discusses what he saw as the potential catalyst for the price bounce and why he believes this signals a return of positive momentum this month.
