Salvadoran President Nayib Bukele
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El Salvador to Buy One BTC Per Day, President Nayib Bukele Tweets Plan
Nayib Bukele, via Twitter, declared that starting Friday, November 18, El Salvador will purchase one Bitcoin per day. Bukele’s announcement comes a few weeks after its BANDESAL state bank refused to give away the details on the nation’s BTC purchases to a non-governmental anti-corruption bureau.
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El Salvador’s Nayib Bukele Buys Nation’s Largest BTC Dip of 500 Coins So Far, Details Here
Now that BTC is trading at its four-month-low, Salvadoran President Nayib Bukele purchased a load of 500 Bitcoins for the national treasury. A total of $15.3 million (roughly Rs. 118 crore) was spent by Bukele into buying this dip. The national treasury of El Salvador currently holds 1,620 BTC.
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El Salvador Declares State Of Emergency After Dozens Killed In Gang Violence
El Salvadoran lawmakers on Sunday declared a state of emergency at President Nayib Bukele's request, expanding police powers and curtailing civil liberties as the country faces soaring gang-related bloodshed that has left dozens dead
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Nayib Bukele Slams US Bill Seeking Details on El Salvador’s BTC Adoption, Plans to Meet Binance CEO
El Salvador’s decision to legalise BTC is being subjected to a review in the US. Salvadoran president Nayib Bukele has hit back at the US for being “afraid” of pro-crypto decisions. Binance CEO Chengpeng Zhao, who is in El Salvador, will meet with Bukele on March 25 to discuss El Salvador’s future with crypto.
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El Salvador’s Treasury Adds 410 Bitcoins After Price Crash, President Nayib Bukele Tweets Details
The treasury of El Salvador became richer by a fresh batch of 410 Bitcoin tokens over the weekend. Salvadoran President Nayib Bukele revealed that the bulk was purchased for a cheap amount of $15 million (roughly Rs. 110 crore). Bitcoin prices fell by 10 percent last week after which Bukele purchased Bitcoins for the Salvadoran treasury.
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Bitcoin Will Be Legal Currency of 2 More Nations in 2022, El Salvador President Nayib Bukele Predicts
Along with forecasting the adoption of Bitcoin by two other countries, Salvadoran president Bukele believes that each token of the cryptocurrency will be valued at $100,000 (roughly Rs. 74 lakh).
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'Game Over for Fiat': El Salvador President Nayib Bukele Hits Back at Critics
El Salvador President Nayib Bukele has tweeted that people who called his decision to legalise Bitcoin an “experiment” will continue watching how “mass adoption changes a country’s economy.”
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Amid President Nayib Bukele's Bitcoin Hype, Not All Salvadorans 'Feel the Bit'
El Salvador's President Nayib Bukele took the stage last weekend at the end of "Bitcoin Week" to the cheers of fans delighted his Central American country has become the first to adopt crypto currency as legal tender, alongside the US dollar.
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El Salvador Plans First Tax-Free 'Bitcoin City', Backed by Bitcoin Bonds
El Salvador plans to build the world's first "Bitcoin City," funded initially by Bitcoin-backed bonds, President Nayib Bukele said, doubling down on his bet to harness the cryptocurrency to fuel investment in the Central American country.
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Over 2 Million Salvadorans Using Government’s Crypto Wallet Chivo, Says President Nayib Bukele
El Salvador’s government-backed crypto wallet Chivo was launched in June this year. President Nayib Bukele believes its rapid success indicates the growth of crypto-space in his country of over 6.5 million citizens.
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El Salvador President Nayib Bukele Steps In To Fix Bitcoin Rollout Snags
Nayib Bukele asked users to close and restart the app if a "currently under maintenance" error screen appeared.
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Bitcoin in El Salvador: Majority of Citizens Sceptical of Cryptocurrency as Standard Tender, Poll Shows
In a snub to El Salvador's President Nayib Bukele, more than three-quarters of Salvadorans are sceptical of the maverick leader's push to adopt the cryptocurrency bitcoin as parallel legal tender, according to a poll.
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Bitcoin Legalised in El Salvador: IMF Sees Legal, Economic Issues With President Nayib Bukele’s Move
The IMF said it has economic and legal concerns regarding the move by El Salvador to make Bitcoin a parallel legal tender, further clouding the outlook for an IMF-backed programme and widening spreads on the country's bonds.
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Bitcoin to Become Legal Tender in El Salvador, President Nayib Bukele to Send Bill
El Salvador's President Nayib Bukele said that he will send a bill to Congress next week to make Bitcoin legal tender in the Central American nation, touting its potential to help Salvadorans living abroad send remittances home.
-
El Salvador to Buy One BTC Per Day, President Nayib Bukele Tweets Plan
Nayib Bukele, via Twitter, declared that starting Friday, November 18, El Salvador will purchase one Bitcoin per day. Bukele’s announcement comes a few weeks after its BANDESAL state bank refused to give away the details on the nation’s BTC purchases to a non-governmental anti-corruption bureau.
-
El Salvador’s Nayib Bukele Buys Nation’s Largest BTC Dip of 500 Coins So Far, Details Here
Now that BTC is trading at its four-month-low, Salvadoran President Nayib Bukele purchased a load of 500 Bitcoins for the national treasury. A total of $15.3 million (roughly Rs. 118 crore) was spent by Bukele into buying this dip. The national treasury of El Salvador currently holds 1,620 BTC.
-
El Salvador Declares State Of Emergency After Dozens Killed In Gang Violence
El Salvadoran lawmakers on Sunday declared a state of emergency at President Nayib Bukele's request, expanding police powers and curtailing civil liberties as the country faces soaring gang-related bloodshed that has left dozens dead
-
Nayib Bukele Slams US Bill Seeking Details on El Salvador’s BTC Adoption, Plans to Meet Binance CEO
El Salvador’s decision to legalise BTC is being subjected to a review in the US. Salvadoran president Nayib Bukele has hit back at the US for being “afraid” of pro-crypto decisions. Binance CEO Chengpeng Zhao, who is in El Salvador, will meet with Bukele on March 25 to discuss El Salvador’s future with crypto.
-
El Salvador’s Treasury Adds 410 Bitcoins After Price Crash, President Nayib Bukele Tweets Details
The treasury of El Salvador became richer by a fresh batch of 410 Bitcoin tokens over the weekend. Salvadoran President Nayib Bukele revealed that the bulk was purchased for a cheap amount of $15 million (roughly Rs. 110 crore). Bitcoin prices fell by 10 percent last week after which Bukele purchased Bitcoins for the Salvadoran treasury.
-
Bitcoin Will Be Legal Currency of 2 More Nations in 2022, El Salvador President Nayib Bukele Predicts
Along with forecasting the adoption of Bitcoin by two other countries, Salvadoran president Bukele believes that each token of the cryptocurrency will be valued at $100,000 (roughly Rs. 74 lakh).
-
'Game Over for Fiat': El Salvador President Nayib Bukele Hits Back at Critics
El Salvador President Nayib Bukele has tweeted that people who called his decision to legalise Bitcoin an “experiment” will continue watching how “mass adoption changes a country’s economy.”
-
Amid President Nayib Bukele's Bitcoin Hype, Not All Salvadorans 'Feel the Bit'
El Salvador's President Nayib Bukele took the stage last weekend at the end of "Bitcoin Week" to the cheers of fans delighted his Central American country has become the first to adopt crypto currency as legal tender, alongside the US dollar.
-
El Salvador Plans First Tax-Free 'Bitcoin City', Backed by Bitcoin Bonds
El Salvador plans to build the world's first "Bitcoin City," funded initially by Bitcoin-backed bonds, President Nayib Bukele said, doubling down on his bet to harness the cryptocurrency to fuel investment in the Central American country.
-
Over 2 Million Salvadorans Using Government’s Crypto Wallet Chivo, Says President Nayib Bukele
El Salvador’s government-backed crypto wallet Chivo was launched in June this year. President Nayib Bukele believes its rapid success indicates the growth of crypto-space in his country of over 6.5 million citizens.
-
El Salvador President Nayib Bukele Steps In To Fix Bitcoin Rollout Snags
Nayib Bukele asked users to close and restart the app if a "currently under maintenance" error screen appeared.
-
Bitcoin in El Salvador: Majority of Citizens Sceptical of Cryptocurrency as Standard Tender, Poll Shows
In a snub to El Salvador's President Nayib Bukele, more than three-quarters of Salvadorans are sceptical of the maverick leader's push to adopt the cryptocurrency bitcoin as parallel legal tender, according to a poll.
-
Bitcoin Legalised in El Salvador: IMF Sees Legal, Economic Issues With President Nayib Bukele’s Move
The IMF said it has economic and legal concerns regarding the move by El Salvador to make Bitcoin a parallel legal tender, further clouding the outlook for an IMF-backed programme and widening spreads on the country's bonds.
-
Bitcoin to Become Legal Tender in El Salvador, President Nayib Bukele to Send Bill
El Salvador's President Nayib Bukele said that he will send a bill to Congress next week to make Bitcoin legal tender in the Central American nation, touting its potential to help Salvadorans living abroad send remittances home.
