Tag: bitcoin legal tender

Report Says Western Union Could Lose $400M If El Salvador’s Chivo Bitcoin Wallet Gains Traction, Tim Berners-Lee Weighs In

The Republic of El Salvador has made many headlines this week as the country adopted bitcoin as legal tender on Tuesday and became the first-known nation-state to purchase the leading…

Bitcoin Legal Tender In 3 Days But Survey Shows 7 Out Of 10 Salvadorans Want Bitcoin Law Repealed

Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10…

Bank Of America Sees Benefits In Adopting Bitcoin As Legal Tender In El Salvador

Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater…