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Salvador

Metacade01

05 Jun 23

El Salvador and Tether work together to create ‘Volcano Energy’ bitcoin mining center

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied El Salvador is embarking on an initiative to establish a renewable energy power generation park in the Metapán area, aiming to become a center in the global bitcoin mining industry. Tether has announced its participation as an equity investor and advisor, […]

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31 May 23

El Salvador enlists ‘The Bitcoin Standard’ author to aid in economic strategy

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The national bitcoin office of El Salvador recently appointed Dr. Saifedean Ammous, the renowned author of “The Bitcoin Standard”, to provide consultancy on economic policies. Dr. Ammous’ book “The Bitcoin Standard: The Decentralized Alternative to Central Banking” was published in April […]

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20 May 23

Strike moves global headquarters to El Salvador, expands bitcoin payments to 65 countries

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Strike, a platform led by Jack Mallers that supports bitcoin (BTC) payments, is expanding to 65 global markets and relocating its global headquarters to El Salvador. The company aims to provide a consumer-friendly money app that offers bitcoin and tether (USDT) […]

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05 May 23

El Salvador enacts game-changing tech legislation

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied President of El Salvador signs the Innovation and Technology Manufacturing Incentives Act, eliminating all taxes on technology innovations, software and app programming, AI, and computer and communications hardware manufacturing, in a bid to transform the nation into a global technology hub. […]

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04 May 23

El Salvador school program raises over $29k via Bitcoin Lightning Network

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied My First Bitcoin, an El Salvadoran nonprofit program, has raised over 1 bitcoin (BTC) in less than three weeks from Bitcoin education enthusiasts. Support has poured in from countries such as Venezuela, Poland, and Canada, with hundreds of people sending satoshis […]

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24 Mar 23

El Salvador to remove taxes on technological advancements

El Salvador President, Nayib Bukele, said he intends to eliminate all taxes on technological advances, including income, property, capital gains taxes, and import duties. He added that he would send legislation to Congress the following week. Aiding innovation undoubtedly offers up various avenues. Suppression from centralized entities, on the other hand, will stifle this growth. […]

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23 Mar 23

Bitfinex CTO expects El Salvador bitcoin volcano bonds this year

The CTO of cryptocurrency exchange Bitfinex expects the much-awaited El Salvador bitcoin volcano bonds to be on the market between June and September this year after the country’s congress voted in favor of legislation that will provide the legal framework for the issuance of the bitcoin (BTC) backed bond. Bitcoin volcano bonds set to go […]

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