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According to a survey done by the Central American University 100 days after the Bitcoin Law came into force: 34.8% of the population has no confidence in bitcoin, 35.3% has little confidence, 13.2% has some confidence, and 14.1% has a lot of confidence. 56.6% of respondents have downloaded the government bitcoin wallet; among them 62.9% has ...
In 2021, the government of El Salvador made bitcoin legal tender.People could pay their taxes with it, and businesses were required to accept it. The government launched a "wallet," an app that ...
The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.
The Bitcoin Law [6] (Spanish: Ley Bitcoin, pronounced [ˈlej biðˈkojn]) [7] was passed by the Legislative Assembly of El Salvador on 8 June 2021, giving the cryptocurrency bitcoin the status of legal tender within El Salvador after 7 September 2021. [8] It was proposed by President Nayib Bukele. The text of the law stated that "the purpose of ...
A US grand jury charged Vinnik on 21 counts related to the laundering of stolen funds. The White House confirmed to the BBC Vinnik's identity and impending release.
With an aggregate market cap of over $2.5 trillion, the cryptocurrency market is a hot topic of discussion for the 2024 presidential campaign. Varying stances on crypto can signal broader economic ...
Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity (person or persons). [5] Use of bitcoin as a currency began in 2009, [6] with the release of its open-source implementation.
In December, Bitcoin hit a record high price, in part because of optimism over the incoming administration. Crypto exchanges Coinbase and Kraken have also donated $1 million to the Trump inaugural ...