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By Matthew Sparkes The value of bitcoin rose on the expectation that it might gain traction during Russia’s invasion of Ukraine Brent Lewin/Bloomberg via Getty Images Cryptocurrencies are playing a role on both sides of the conflict caused by Russia’s invasion of Ukraine. Their ability to cross borders regardless of rules or regulations is helping … Read more
The adoption of cryptocurrency as legal tender by El Salvador’s government has attracted enthusiastic tourists, concern from financial institutions and scorn from locals Technology 1 March 2022 By Luke Taylor A store owner in surfing hotspot El Zonte, now known as Bitcoin Beach JOSE CABEZAS/REUTERS/Alamy “Fifty cents for a pupusa,” says Carolina Reyes, a food … Read more
The Central American country’s experimental adoption of bitcoin has been beset by problems including identity theft and missing funds. Now the system is being relaunched with a US company providing the infrastructure Technology 3 February 2022 By Matthew Sparkes A vendor holds a sign showing that bitcoin is accepted at a store in San Salvador … Read more
El Salvador’s attempt to become the world’s first state to adopt bitcoin as legal tender hits another stumbling block as hundreds of citizens claim that funds are disappearing from their accounts Technology 23 December 2021 By Matthew Sparkes El Salvador adopted bitcoin as legal tender on 7 September Rodrigo Sura/EFE/Alamy Live Hundreds of Salvadorans claim … Read more