In 2021, El Salvador caught the world's attention by becoming the first country to make cryptocurrency legal tender, alongside the US dollar. Last December, as the price of bitcoin broke $100,000 ...

Nations such as El Salvador, Iran, and Paraguay already use Bitcoin to minimize their dependence on traditional financial ...

El Salvador President Nayib Bukele reiterated his commitment to Bitcoin (CRYPTO ... voluntarily accumulating BTC through purchase and mining. “Over the course of the program, the authorities ...

The IMF’s March 3 memorandum also requested El Salvador to stop Bitcoin mining activities and to restrict public sector issuance of debt or tokenized instruments that are denominated or indexed ...

The President of El Salvador, Nayib Bukele, assured on Tuesday that the country “will not stop” and will continue buying bitcoin for its strategic reserve, despite the fact that the crypto asset will ...

Pakistan aims to leverage its surplus power for Bitcoin mining, proposing new tariffs to draw global miners without subsidies ...

Governments that use hydroelectric, geothermal, or solar energy are installing infrastructure to mine Bitcoin. This allows ...

Then there was his crypto fixation. In 2021 El Salvador became the first country to make bitcoin legal tender, alongside the dollar. The president vowed to shun conventional capital markets ...

El Salvador’s heralded adoption of Bitcoin as legal tender appears to be undergoing a significant downgrade as businesses are no longer obliged to accept the cryptocurrency. As part of a $1.4 billion ...

A mining company is reported to be tapping into an excess hydroelectric power in a remote region of Zambia to mine Bitcoin.

The International Monetary Fund (IMF) is looking to restrict Bitcoin purchases by El Salvador as part of an extended $1.4 billion funding arrangement with the country. On March 3, the IMF issued a ...