Bitcoin

Since El Salvador has accepted the top cryptocurrency as a legal tender, it has become the talk of a town, now this is a country in front of you with not an overtly stretched financial profile as the European or Asian countries, but still, it managed to pull off this amazing deed recently and has motivated many countries to do the same. Soon enough, El Salvador is going to launch its new crypto wallet app, and everyone signing up for the app for the first time will be receiving $30 in the form of real bitcoin as it would officially…

The 30th of August 2021 will be remembered for a long time because it was the day when Bitcoin’s first commercial made by a government went live. The move came a week prior to the legalization of Bitcoin in El Salvador. The ad is being circulated on social media by thousands of cryptocurrency lovers who are hoping that their countries will follow in the footsteps of El Salvador soon. The ad, which primarily informs people about the usage of Bitcoin as a normal currency, is animated; hence it feels really attractive. People have been told in the ad that the…

Central American countries have been establishing more crypto-friendly positions while witnessing a consistent expansion in the crypto market. Last Sunday, the El Salvadoran president declared that an opportunity would be provided to the citizens to transform their crypto assets to fiat instantly after the implementation of the legal tender law of Bitcoin. The infrastructure comprising of state-provided Bitcoin wallets and ATMs would be constructed by the authorities. Likewise, in Panama, a bill has been proposed by a Congress member, which demands lawmakers to legalize Bitcoin. Honduras is another country joining them because it has incorporated its earliest crypto ATM. “La…