El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’
After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which was…#bitcoin #salvador #nayibbukele #onbtc #torreslegal #bukele #torres #salvadoranbitcoin #salvadoran #bukelerevealed (Source: Reuters: Health)
Source: Reuters: Health - November 26, 2022 Category: Consumer Health News Source Type: news
El Salvador's newly established Bitcoin office seeks global cooperation
Irrespective of the current market chaos, El Salvador continues to be perpetually progressive towards Bitcoin, advancing advancements in the direction and favor of it with every passing day. It announced Bitcoin as a legal tender around a year ago and is currently working on a draft for a law on…#bitcoin #advancingadvancements #salvadorcontinues #salvador #onbtc #nayibbukele #bitcoinholdings #establishment #irrespective #chaos (Source: Reuters: Health)
Source: Reuters: Health - November 26, 2022 Category: Consumer Health News Source Type: news
Why El Salvador's Bukele Is Doubling Down on Bitcoin
The cryptocurrency crisis, worsened by the dramatic collapse of fast-growing crypto exchange FTX in mid-November, has raised questions about the future of these digital currencies. Bitcoin, the largest and most well known among them, has fallen to a two-year low in recent days. But one of the…#salvador #bukele #bitcoin #salvadorans #nayibbukele #cryptocurrency #raisedquestions #ftx #nov #bitcoinpolicy (Source: Reuters: Health)
Source: Reuters: Health - November 26, 2022 Category: Consumer Health News Source Type: news
El Salvador is moving toward raising $1 billion in bonds backed by bitcoin by broadening its bet on crypto
El Salvador is making moves that could lead the country to raise $1 billion in bitcoin-backed bonds. - The economy minister submitted a bill that seeks to broaden the legal framework to lead to the adoption of all cryptocurrencies. - The IMF has objected to El Salvador's exposure to bitcoin. El…#salvador #bitcoin #bitcoinbackedbonds #lead #salvadorexposure #bukele #legal #bonds #bond #legalframework (Source: Reuters: Health)
Source: Reuters: Health - November 24, 2022 Category: Consumer Health News Source Type: news
Beyond Bitcoin
The government of El Salvador presented a bill that could set comprehensive rules on the local crypto sector and regulate the operations of all digital asset providers in the country. The ruling body is also one step closer to issuing blockchain bonds that could aid the development of certain BTC…#comprehensiverules #salvador #btc #nayibbukele #bitcoin #bukele #btcendeavors #blockchainbonds #bitcoinstrategy #comprehensive (Source: Reuters: Health)
Source: Reuters: Health - November 23, 2022 Category: Consumer Health News Source Type: news
