Displaying items by tag: BITCOIN
President Nayib Bukele informed through his twitter account that the company Chivo negotiated with the country's gas stations and indicated that, as of this day, gas stations will sell each gallon of fuel US$0.20 cheaper when paying with bitcoin through the application.
Paxful, the global peer-to-peer fintech platform, today announced its global integration with Lightning Network. More than seven million Paxful users will now be able to harness the power of Lightning Network, a system built on the Bitcoin (BTC) network. Lightning Network allows users to transfer Bitcoin in a matter of seconds with much lower fees.
According to CoinDesk newspaper, El Salvador is trying to encourage foreign investment having adopted bitcoin as legal tender.
The Asociación Salvadoreña de Transporte de Carga (ASTIC), will hold a work stoppage if article 7 is not modified so as not to be affected in their transportation service payments and that the sector is excluded from the use of Bitcoin and the application.
The Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE), informed that it will hold training workshops on topics related to Bitcoin, for salvadorans belonging to Micro and Small Enterprises (MYPE).
The IUDOP of the Universidad Centroamericana José Simeón Cañas (UCA), provided the results of the opinion of salvadorans of the work being done by the current Central Government in the economic sector and the arrival of Bitcoin in the country as legal tender.
In the regulation of the Bitcoin Law published a few days ago by the Central Government, it indicates that banks will now be able to provide financial services to Bitcoin service providers or open accounts to users in bitcoin in an optional and not mandatory manner.
The Central Government informed that as of September 7, people will be able to use Chivo ATMs and banking agencies called ''Puntos Chivo'' which will not pay commissions for the use of these, which will be available for free use, 24 hours a day, 365 days a year.
The Centro de Estudios Ciudadanos de la Universidad Francisco Gavidia (UFG) conducted a survey on the Bitcoin Law and whether salvadorans are willing to accept or receive their salary under this modality.
With the new adoption of Bitcoin as legal tender in El Salvador, it is important that the population is informed about the various ways in which they can invest and generate income.