News with the tag "Bitcoin City"

This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin Berlín, here . Bitcoin City sounds like a modern El Dorado — a dreamlike enclave in the jungle, a 21st century utopia. Announced by El Salvador President Nayib Bukele in 2021, the metro...

The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The IMF remains engaged with the country to support reforms and ensure bitcoin adoption does not threaten...

El Salvador President Nayib Bukele acknowledges that while his Bitcoin strategy has been "net positive."

The Turkish Yilport Holdings made the largest-ever private investment in El Salvador and will develop the port at the proposed site of Bitcoin City.

El Salvador is making headlines anew as it embarks on a landmark investment to revamp its port infrastructure, paving the way for the ambitious vision of its Bitcoin City. Related Reading: Tornado Cash Founder Appeals Conviction, Seeks $1 Million Help For Legal Mess Yilport Holdings, owned by a Turk...

El Salvador is pushing its crypto backing with a newly unveiled $1.6 billion investment from Yilport Holdings into its Bitcoin City project The post El Salvador Unveils Its $1.6 Billion Bitcoin City Investment appeared first on TheCoinrise.com .

Corbin Keegan, a U.S. national who self-proclaimed himself as the first citizen of Bitcoin City, has temporarily left El Salvador after waiting over two years for the state to build the settlement. President Nayib Bukele first announced this infrastructure proposal for Bitcoin City in November 2021....

El Salvador, the first country to adopt bitcoin as legal tender, has reportedly added 473.5 BTC to its treasury using geothermal energy. According to reports, official data released by The Bitcoin Office of El Salvador (ONBTC) disclosed that this number of bitcoin was mined since 2021 using 1.5 MW o...

There are a lot of big and exciting things happening in the world of blockchain gaming. For starters, Gala Games is joining hands with the Elixir Games Launcher distribution platform to ensure its new series of web3 gaming titles can reach larger audiences. Gala Games and Elixir Are Coming Together ...

The airport will be known as Bitcoin City Airport in addition to the name Pacifico Airport. The construction of the airport will go hand-in-hand with the construction of Bitcoin City”. El Salvador will construct a settlement at the foot of a volcano as part of the city construction project. There, g...