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Nalezeno "BTC El Salvador": 51

Roxom Launches Bitcoin‑Denominated Perpetual Futures for Gold and S&P 500


Roxom announced the launch of bitcoin‑denominated perpetual futures that allow traders to price and trade exposure to the S&P 500 and Gold in BTC. Roxom co‑founder Borja Martel Seward calls the move foundational for “a new financial era.” The BTC‑settled instruments let users gain or hedge...

El Salvador Stresses Bitcoin Banks Are Coming This Year


During celebrations marking the fourth year of the country’s bitcoin pivot, authorities said bitcoin banks will be established soon. El Salvador enacted the Investment Bank Law in August, opening the doors to private bitcoin investment banks. El Salvador Readies to Open Bitcoin Banks Soon...

Blockchain Sleuth Points out El Salvador Might Be ‘Recycling Bitcoin’


Sani, an onchain analyst, has unveiled data that appears to confirm the IMF’s allegations about El Salvador’s purported bitcoin purchases. Nonetheless, the country continues to post each BTC addition as a purchase via the Bitcoin Office (ONBTC) social media account. El Salvador Bitcoin Purchases...

El Salvador Moves Bitcoin for Safety Purposes: Is a Selloff Coming?


The Bitcoin Office of El Salvador reported that these movements would be an answer to quantum computing developments, which have the potential to break bitcoin’s encryption. Nonetheless, analysts believe that this might be a preparation for a possible sale. El Salvador to Move Bitcoin to Face...

New Investment Bank Law in El Salvador Opens Doors to Bitcoin Products


The new Investment Bank Law will allow so-called “sophisticated investors” to take advantage of innovative opportunities, which may include bitcoin or crypto-based products issued to seek funding, thereby opening the doors to a more dynamic crypto ecosystem in El Salvador. Investment...

Yes, Bitcoin Adoption Reached 70% in El Salvador, but There’s a Catch


According to figures compiled by Cornell University, El Salvador boasts one of the highest bitcoin ownership rates in the world, reaching over 70% at one point. Nonetheless, while these numbers may be accurate, the circumstances behind them need to be understood. Bitcoin Ownership in El Salvador...

One-Two: IMF Reiterates That El Salvador Is Just Shuffling Bitcoin


At a recent press briefing, the IMF reiterated that the number of bitcoins accumulated in the wallets of El Salvador had not changed and that the increases in the country’s bitcoin reserve fund were due to token shuffling across multiple addresses. IMF Denies El Salvador’s Alleged Bitcoin Purchases...

IMF Bombshell Footnote Solves El Salvador’s Bitcoin Accumulation Mystery


The IMF has finally referred to the current status of the accumulation of bitcoin by the government of El Salvador in its latest compliance report, stating that the government had been consolidating its bitcoin stash from several addresses into one. El Salvador Bitcoin Accumulation Mystery...

Pakistan Establishes Ties With El Salvador, With Bitcoin Front and Center


The government of the Islamic Republic of Pakistan established diplomatic ties with the Republic of El Salvador in a recent meeting, discussing an information-sharing agreement on bitcoin. The two countries are currently seeking to embrace the cryptocurrency while under IMF restrictions. Bitcoin...

IMF-El Salvador Deal Bitcoin Compliance Goals Broken: Chivo Wallet Involved


The latest report issued by the IMF on the compliance of El Salvador’s actions with the guidelines established in the $1.4 billion credit facility deal approved in February revealed that Chivo Wallet led the nation to miss the bitcoin non-accumulation quotas. Bitcoin Non-Accumulation Compliance...

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