The other countries are Haiti, Nicaragua, Sudan, Honduras, and Nepal, according to a document filed Thursday by the U.S. Citizenship and Immigration Services. The action means their temporary protected status (TPS) will no longer expire on Dec. 31, 2022 as previously scheduled.
El Salvador President Nayib Bukele's government spent more than $100 million on buying bitcoins which are now worth less than $50 million.
Says, the project conflicts with the country’s existing laws; won’t sign the bill without additional anti-money laundering rules
The world’s first Bitcoin City is coming along beautifully. Nayib Bukele, President of El Salvador, the smallest country in Central America, took to social media to share the design of the first Bitcoin city.
The cryptocurrency is a poor substitute for cash in an inflationary environment
In the rupee terms, Bitcoin jumped 2.84 percent to trade at Rs 33,18,780 while Ethereum rose 3.08 percent to Rs 2,34.506.5
Salvadorian President Nayib Bukele inaugurated a veterinary hospital that, he says, was financed with the profits obtained after the establishment of bitcoin as legal currency in the country.
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum, and Tether to help you jump-start the day
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum, and Tether to help you jump-start the day
The global lender’s board “urged the authorities to narrow the scope of the Bitcoin law by removing Bitcoin’s legal tender status,” the IMF said in a statement Tuesday.
Cardano rose 0.59 percent to Rs 88.71 and Avalanche surged 2.09 percent to Rs 5,105. Polkadot fell 2.64 percent to Rs 1,475.01 and Litecoin rose 1.28 percent to Rs 8,942.81 over the last 24 hours. Tether rose 0.13 percent to Rs 82.51.
While decentralised finance (DeFi) accounted for 16.08 percent of the trading volume at $9.92 billion, stablecoins made up 78.10 percent at $48.16 billion. Bitcoin's market dominance dipped 0.06 percent to 39.55 percent and it was trading at $42,990.42 today morning.
The company has a distribution network of over 200 touchpoints, including five company-owned showrooms, 15 dealerships, 85 retail and 26 spare part outlets and service centres across 14 cities in El Salvador, Hero MotoCorp said in a regulatory filing.
Given that bitcoin saw a brutal start to 2022, touching new lows and registering an overall decline of 17.5 percent over the last few weeks, the present total value of the bitcoins held by the Salvadorean government would be worth $59 million.
According to the Citizen Lab at the University of Toronto's Munk School of Global Affairs and Access Now, two cybersecurity watchdogs that analyzed the phones of El Faro’s employees, the spyware had been installed on the phones of 22 reporters, editors and other employees between July 2020 and November 2021.
The three are among at least 17 Salvadoran women activists consider unjustly convicted and imprisoned following obstetric emergencies and who have been at the center of a campaign against El Salvador's absolute law against abortions.
Governor Andrew Bailey said Bitcoin is “too volatile” and the Bank of England is studying whether to create its own digital currency
As India takes steps towards regulating or even banning cryptocurrencies, we take a look at the regulations adopted by countries around the world.
The country, where Bitcoin was made legal tender in September, plans to build the world's first "Bitcoin City".
El Salvador, which has used the US dollar for two decades, was the first country in the world to legalize bitcoin as legal tender.
Bitcoin lost almost 10% of its value on September 9, after the Central American nation became the first worldwide to authorize the cryptocurrency as legal tender. But it has surged more than 30% in the past week to its highest levels since May.
Bitcoin mining has come under fire for the massive carbon footprint as most of this electricity used is derived from fossil fuels
With 6.6 billion dollars worth of investments already made in crypto assets by Indian retail investors, the Indian market is at the cusp of exponential growth. It is expected to grow 2X faster, and has the potential to create more than 800,000 jobs by 2030, currently providing around 50,000 jobs in this space.
"We just bought dip," Nayib Bukele tweeted late on Sunday, referring to a recent slump in bitcoin prices.
Just before the steep fall, Bitcoin had hit its highest price since May at $52,000, while Ethereum traded close to $4,000. Dogecoin had also touched $0.31 per token.