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El Salvador will meet with 44 countries to discuss Bitcoin adoption.0
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- May 16, 2022
El Salvador’s President, Nayib Bukele, announced on Sunday that delegates from 44 countries will visit the country this week to discuss Bitcoin. In a series of tweets, Bukele announced that representatives from 44 nations, including 32 central banks and 12 financial agencies, will gather in El Salvador to discuss financial inclusion, economic digitization, and the
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El Salvador purchases 500 bitcoins, while market bleeds0
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- May 10, 2022
El Salvador has purchased the dip amid a bitcoin catastrophe. Nayib Bukele, the president of El Salvador, declared on Twitter on Monday that his country had purchased 500 additional bitcoins. His remark came as the crypto market lost billions of dollars and bitcoin’s price plummeted by more than half from its all-time high. BTC is
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El Salvador has postponed the issuance of Bitcoin bonds, claiming that they will jeopardize the US dollar’s supremacy0
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- March 23, 2022
El Salvador’s pro-crypto president, Nayib Bukele, tweeted that his Bitcoin-backed “Volcano Bonds” proposal will “make the world a bit difficult to regulate” and put an end to the dollar’s dominance. El Salvador’s government postponed the issuing of “Volcano Bonds” due to adverse market circumstances on the same day as the president’s remarks. El Salvador had
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El Salvador’s President claims that Bitcoin’s “colossal price increase” is only a matter of time0
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- January 31, 2022
Despite the fact that Bitcoin has dropped 50% from its all-time highs, its enthusiasts and fervent advocates continue to believe in the cryptocurrency. El Salvador’s President, Nayib Bukele, sends out another letter, outlining how millionaires from all over the world will soon be buying bitcoin, and there will be insufficient coins for everyone, resulting in
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El Salvador’s bitcoin law should be repealed, according to the IMF0
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- January 26, 2022
El Salvador’s proposal to make bitcoin legal tender was recommended by the International Monetary Fund’s board of directors, who also called for strict control of the country’s e-wallet. Following a yearly consultation, IMF board members “urged the authorities to reduce the scope of the Bitcoin law” ” by eliminating bitcoin’s legal tender status,” the IMF
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El Salvador’s President Should Be Impeached, According to Nouriel Roubini0
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- January 24, 2022
Nobel Laureate Nouriel Roubini has increased his criticism of El Salvador President Nayib Bukele, suggesting that he should be impeached for “bankrupting” the country with his Bitcoin gamble. El Salvador’s sovereign credit rating was cut by Moody’s earlier this month, citing fears that the country’s bold Bitcoin gamble may prevent it from obtaining a much-needed
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