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WELCOME TO BITCOIN CITY, EL SALVADOR
A New Jurisdiction For Economic Freedom
The only tax collected there will be a value-added tax, half of which will be used to pay the municipal bonds and the rest for municipal infrastructure and maintenance. no property, income or municipal taxes and the city would have zero carbon dioxide emissions due to geothermal energy from the local volcano.
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El Salvador’s minister dismisses Bitcoin crash despite 50% loss in reserves
El Salvador has collected over 2,300 Bitcoins since 2021. Even though the county lost more than $50 million with the recent crash, it's ...
Sean Morgan
Jun 16, 20222 min read
El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds
Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has ...
Sean Morgan
Jun 3, 20222 min read
Bitcoin bond still on hold, El Salvador accused of human rights violations
El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won't be launched...
Sean Morgan
Jun 3, 20222 min read
El Salvador To Further Delay Bitcoin Bond Launch: Finance Minister Alejandro Zelaya
El Salvador became the first country to adopt Bitcoin (BTC) as a legal tender. The Salvadoran government announced late last year that it...
Sean Morgan
Jun 3, 20222 min read
El Salvador, Bitcoin Nation
Thomas Dworzak explores the contrast between the gleaming, modern world of cryptocurrency and the harsh reality of everyday life in El...
Sean Morgan
Jun 1, 20224 min read
Falling Bitcoin price doesn't affect El Salvador: 'Now it's time to buy more,' reveals Deputy Dania
In an exclusive interview with Cointelegraph, a policymaker from El Salvador reveals how BTC has been helping the country change people's...
Sean Morgan
May 30, 20224 min read
Why the “Cool Dictator” of El Salvador Went All-In on Bitcoin
The first indication from El Salvador’s extremely online president Nayib Bukele that his country’s experiment with Bitcoin was not going...
Sean Morgan
May 30, 20226 min read
El Salvadorans wait for bitcoin rebound by switching to dollars
In his clothing business in San Salvador, José Fredy Landaverde accepts bitcoin transactions as required by law in his country, but as...
Sean Morgan
May 26, 20223 min read
44 nations converged to discuss bitcoin in El Salvador: The Davos of crypto?
The current traditional financial system has failed many countries leaving them subservient to the US Dollar, the meeting from 44...
Sean Morgan
May 25, 20223 min read
A 44-Nation Bitcoin Gathering in El Salvador May Draw IMF Ire
El Salvador President Bukele is holding a 44-nation gathering today to discuss a range of issues including bitcoin, which will draw...
Sean Morgan
May 16, 20222 min read
BITCOIN CITY IN EL SALVADOR TAKES THE METAVERSE IN THE OPPOSITE DIRECTION
We’ve all heard about bringing cities into the Metaverse, but this city will bring a part of the Metaverse to the real world instead. AR,...
Sean Morgan
May 16, 20223 min read
EL SALVADOR PRESIDENT NAYIB BUKELE RELEASED MODEL OF BITCOIN CITY
After announcing the purchase of an additional 500 BTC for El Salvador’s balance sheet, the president released images of Bitcoin City. El...
Sean Morgan
May 13, 20221 min read
Welcome To El Salvador's Bitcoin Beach: Airs On CBS' 60 Minutes
After El Salvador’s Congress made Bitcoin BTC/USD legal tender last year, a village in the country made headlines for showing the rapid...
Sean Morgan
Apr 12, 20221 min read
Bitcoin Now Legal Tender in Special Economic Zone of Honduras
A special economic zone on the island of Roatan has legalized bitcoin and crypto as a form of money Residents and foreign businesses can...
Sean Morgan
Apr 9, 20222 min read
Saylor: Market Not Ready For Bitcoin Bond
Bitcoin and cryptocurrency prices have bounced back this week, riding a wave of positive news even as researchers warn of crypto thefts....
Sean Morgan
Apr 1, 20222 min read
It Has Been Readied To Splurge USD 0.5B By The Customers On El Salvador’s Bitcoin Bonds
The crypto exchange Bitfinex, which will hold the issuance of El Salvador’s much-talked-about bitcoin (BTC) bonds, says that. It has...
Sean Morgan
Mar 31, 20223 min read
El Salvador Announces the World Blockchain Festival for April By DailyCoin - Investing.com
El Salvador Announces the World Blockchain Festival for April The technology event will be held from April 21 to 23 in the capital San...
Sean Morgan
Mar 31, 20222 min read
Binance ‘s CEO Visits El Salvador. What Will He Meet President Bukele About?
It was about time that Binance ’s CEO, Changpeng Zhao, visited El Salvador. His company is the biggest cryptocurrency exchange in the...
Sean Morgan
Mar 30, 20223 min read
Fitch downgrades El Salvador - What next for the country?
Traditional finance is bringing all to bear on the small Central American country of El Salvador that had the temerity to step out of...
Sean Morgan
Feb 21, 20222 min read
Bukele to propose granting Salvadoran citizenship to foreign investors
SAN SALVADOR, Feb 20 (Reuters) - El Salvador President Nayib Bukele on Sunday said he will send Congress a proposal to grant citizenship...
Sean Morgan
Feb 21, 20221 min read
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