According to a recent report, crypto enthusiasm in El Salvador lags behind despite the country’s ongoing pro-crypto initiatives.
El Salvador News
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The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000.
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The country’s Bitcoin investment has returned to profit after a devastating crypto winter.
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Acting President Claudia Rodríguez de Guevara, the first female head of state for El Salvador, took office on Dec. 1 and is expected to serve until June 2024.
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Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months.
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Despite Bukele’s popularity, some critics argue he isn’t eligible to be reelected under El Salvador’s constitution.
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VanEck strategy adviser Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years.
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El Salvador’s ambitious renewable energy Bitcoin mining operation welcomes its first mining pool as Volcano Energy partners with Luxor.
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The nonprofit and NGO Mi Primer Bitcoin partnered with the Ministry of Education of El Salvador to include Bitcoin in its curriculum.
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Google Cloud and the government of El Salvador have entered into a seven-year partnership to digitize the country’s infrastructure in various sectors.
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Stablecoin issuer Tether is building specialized Bitcoin mining software aimed at using data analytics to optimize mining operations and boost production, Chief Technology Officer Paolo Ardoino says.
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Over 25,000 students in El Salvador have learned about Bitcoin in the classroom.
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El Salvador paid $800 million in debt at the start of the year before the maturing period, raising the confidence of investors, as President Bukele says “told you so.”
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The exchange reported receiving approval for Bitcoin Services Provider and Digital Assets Services Provider licenses in El Salvador, where Bitcoin has been legal tender since 2021.
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In a series of tweets, 18-year-old Gerardo Moran explained his journey back to his former high school in El Salvador, where he is now teaching senior professors about Bitcoin.
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