Thursday 29 July 2021
El Salvador President wants to adopt Bitcoin as legal tender

Latest News

India on UK's red list; no quarantine for vaccinated EU & US travellers

Australian athletes in isolation as American pole vaulter contract COVID-19

Abu Dhabi announces AED3000 fine for breaching sterilisation hour rules

Flights from India, Pakistan to UAE remain suspended till 31 July

El Salvador President wants to adopt Bitcoin as legal tender

timestampJun 06, 2021 authorAlShorts Web Desk

El Salvador President Nayib Bukele is planning to adopt Bitcoin as a legal tender in the country. "Bitcoin has a market cap of USD680 billion dollars. If 1% of it is invested in El Salvador, that would increase our GDP by 25%", Bukele said. Making Bitcoin a legal tender will enable low-income families to see their money increase in the equivalent of billions of dollars every year, he added.

Latest News

India on UK's red list; no quarantine for vaccinated EU & US travellers

Australian athletes in isolation as American pole vaulter contract COVID-19

Abu Dhabi announces AED3000 fine for breaching sterilisation hour rules

Flights from India, Pakistan to UAE remain suspended till 31 July

advertisement

More News

tesla-mostly-like-to-resume-accepting-bitcoin-says-ceo-elon-musk

Tesla mostly like to resume accepting bitcoin, says CEO Elon Musk

Tesla mostly like to resume accepting bitcoin, says CEO Elon MuskJul 22, 2021
Read More
bitcoin-plunges-below-usd30000-for-first-time-in-a-month

Bitcoin plunges below USD30,000 for first time in a month

Bitcoin plunges below USD30,000 for first time in a monthJul 20, 2021
Read More
cryptocurrency-spreading-its-wings-in-pakistan

Cryptocurrency spreading its wings in Pakistan

Cryptocurrency spreading its wings in PakistanJul 17, 2021
Read More
twitter-ceo's-square-inc.-to-build-hardware-bitcoin-wallet

Twitter CEO's Square Inc. to build hardware Bitcoin wallet

Twitter CEO's Square Inc. to build hardware Bitcoin walletJul 11, 2021
Read More
elon-musk-moves-bitcoin-again

Elon Musk moves Bitcoin, again

Elon Musk moves Bitcoin, againJun 14, 2021
Read More
el-salvador-president-now-has-a-'volcanic'-bitcoin-mining-plan

El Salvador President now has a ’volcanic’ bitcoin mining plan

El Salvador President now has a ’volcanic’ bitcoin mining planJun 11, 2021
Read More
ed-issues-show-cause-notice-to-wazirx-over-specific-transactions

ED issues show cause notice to WazirX over specific transactions

ED issues show cause notice to WazirX over specific transactionsJun 11, 2021
Read More
el-salvador's-bitcoin-move-causes-rise-altcoins-relatively-slow

El Salvador’s bitcoin move causes rise, altcoins relatively slow

El Salvador’s bitcoin move causes rise, altcoins relatively slowJun 10, 2021
Read More
square-considering-hardware-wallet-for-bitcoin-owners:-ceo-jack-dorsey

Square considering hardware wallet for Bitcoin owners: CEO Jack Dorsey

Square considering hardware wallet for Bitcoin owners: CEO Jack DorseyJun 05, 2021
Read More
zomato-lists-with-53percent-premium-ceo-says-'big-day-for-us'

Zomato lists with 53% premium; CEO says 'big day for us'

Zomato lists with 53% premium; CEO says 'big day for us'Jul 23, 2021
Read More

AVAILABLE ON