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Bitfinex Derivatives has secured licensing as a Digital Asset Service Provider in El Salvador, the crypto platform’s Seychelles-based parent company has announced. The Bitfinex team noted in a blog post update and on X that its derivatives service will, following…
BTC
Bitcoin
News
El Salvador now holds more than 6,000 Bitcoin, reaching this milestone after adding another BTC on Dec. 29. The country’s Bitcoin (BTC) treasury now stands at 6,000.77 BTC, valued at approximately $561.3 million according to the National Bitcoin Office’s portfolio…
BTC
Bitcoin
News
El Salvador’s festive holiday celebrations amid IMF restrictions. As the country adds to its Bitcoin (BTC) reserve, El Salvador’s Christmas 2024 celebration has a distinctive Bitcoin-themed Christmas tree, further demonstrating the country’s everlasting dedication to the original cryptocurrency. On Dec.…
BTC
Bitcoin
News
El Salvador has ramped up its Bitcoin buying a day after agreeing to an International Monetary Fund deal that required scaling back its government-led crypto activities. On Dec. 19, the first nation to adopt Bitcoin as a legal tender and…
BTC
Bitcoin
News
El Salvador’s agreement with the IMF could shutter the country’s state-backed Bitcoin wallet Chivo, but not its overall BTC support.
BTC
Bitcoin
News
Bitget announced they obtained a Bitcoin Service Provider license from El Salvador’s Central Reserve Bank. The license allows Bitget to facilitate Bitcoin-to-fiat exchanges, Bitcoin (BTC) payments, and custody services in the country. With the BSP license, Bitget can now offer…
BTC
Bitcoin
Follow-up
El Salvador is negotiating a $1.3 billion loan with the IMF that reportedly could bring significant changes to its Bitcoin legal tender law. In the coming weeks, El Salvador could finalize a multi-billion dollar deal with the International Monetary Fund…
BTC
Bitcoin
News
El Salvador bonds broke into the top gainers in emerging-market debt, driven by Bitcoin’s stride above $100,000.
BTC
Bitcoin
News
The use case of Bitcoin has spread around the globe since El Salvador adopted it as a legal tender, the U.S. planned it for a national strategic reserve, and now Suriname. Maya Parbhoe, a Surinamese young lady who is running…
BTC
Bitcoin
News
Bitfinex Securities has launched the first regulated public offering of tokenized U.S. Treasury Bills under El Salvador’s new securities framework. The offering enables investors to purchase digital tokens linked to short-term U.S. Treasury Bills, combining traditional financial instruments with blockchain…
News
El Salvador’s President, Nayib Bukele, defended his country’s groundbreaking decision to adopt Bitcoin as legal tender, emphasizing its impact on the nation’s global image and economic opportunities. In a recent interview with Time Magazine, Bukele highlighted Bitcoin’s (BTC) benefits to…
BTC
Bitcoin
News
A cold wallet reportedly owned by the Salvadoran government has been buying one Bitcoin everyday since March 16, adding 162 coins to the country’s Bitcoin holdings. Data from blockchain analytics platform Arkham Intelligence shows that the address, marked as El…
BTC
Bitcoin
News
El Salvador has proposed using crypto for trade with Russia to navigate financial constraints imposed by sanctions, according to a Russian embassy official. El Salvador has proposed using Bitcoin (BTC) for trade with Russia, as the latter has limited options…
BTC
Bitcoin
Feature
Fractured Latin America is turning its attention to cryptocurrencies. What is happening in these countries?
News
Bitcoin-friendly nation El Salvador is working on a crypto regulatory framework and has enlisted help from a digital asset titan affiliated with the largest stablecoin.Â
News
El Salvador, the world’s first country to use Bitcoin as legal tender, has launched its own platform that provides public access to BTC investment data via a personalized mempool. According to the most recent mempool data, El Salvador presently possesses…
BTC
Bitcoin
Feature
