With bitcoin, Bukele sought to make it easier, and cheaper, for Salvadorans to receive remittances and to provide financial services access to the 70 percent of people with no bank account. But a poll conducted in May by the Central American University found that 71 percent believed the cryptocurrency "has...
Cryptocurrency miners in Texas going solar
The crypto-creation center would be located in west Texas and equipped with Tesla solar panels and batteries.
El Salvador to build ‘Bitcoin City’ at the base of a volcano
The city will be built near the Conchagua volcano to harness geothermal energy to power the city and Bitcoin mining.
Bitcoin in El Salvador: How will it work?
Bitcoins are loaded onto digital wallets and accessed via a mobile app. To download the wallet, one needs a Salvadoran ID documentIn world first, bitcoin becomes legal tender in El Salvador
El Salvador has become the first country to introduce bitcoin as legal tender, with high demand forcing a freeze of its online cyber "wallet" system on Day 1. Under the initiative of President Nayib Bukele, Salvadoran consumers can now legally use bitcoin -- along with the US dollar -- to...
