
‘Extremely Minimal’ Fiscal Risk for El Salvador from Bitcoin Crash
According to El Salvador’s finance minister, El Salvador suffers very little fiscal risk despite the crash of BTC.

According to El Salvador’s finance minister, El Salvador suffers very little fiscal risk despite the crash of BTC.

El Salvador President, Nayib Bukele, announced that authorities from 32 Central Banks and 12 high level financial advisors from different parts of the world will assemble

The US Representative for California, Norma Torres, tweeted about the dangers of El Salvador’s government adopting Bitcoin. It comes with a detailed article outlining the issues.Â

A bill called the Accountability for Cryptocurrency in El Salvador (ACES) Act introduced by three US Senators back in February 2022 has been passed out by the senate committee that would allow the US to monitor remittances to El Salvador and many other country’s affairs.

EL Salvador asks Binance cryptocurrency exchange to help the country’s financial authorities in the implementation of Bitcoin (BTC) as legal currency and the now delayed Bitcoin bond issuance.

Bitcoin to face another test as the El Salvador is going to launch its long-awaited Bitcoin-backed volcano-bond on March 15, 2022, to build the planned Bitcoin city.

Despite facing criticism from all corners, El Salvador president Nayib Bukele has announced new proposals to makes his country a crypto heaven for foreign investors.

Nayib Bukele tweeted about new proposed legislation from the United States Senate Committee on Foreign Relations. He responded to this legislation because the subject of the

IMF Advises El Salvador to drop the legal status of the world’s largest cryptocurrency in the country citing volatility and other stability concerns.

Nayib Bukele, El Salvador’s President, is one of the big supporters of Bitcoin, but he may have lost money buying Bitcoin in the past months. He’s
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