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El Salvador marks 3-month anniversary of Bitcoin usage - La Prensa Latina Media

San Salvador, Dec 7 (EFE).- El Salvador on Tuesday marked the three-month anniversary of allowing Bitcoin to be used as a payment mechanism along with the US dollar amid expectations sparked by the announcement to build what it has said will be the first “Bitcoin City” in the world. Despite warnings that doing so would …

Government expects 2 5 million residents to download bitcoin application in El Salvador

RIO DE JANEIRO, BRAZIL – The Government of El Salvador estimates that some 2.5 million citizens will download the application with the electronic wallet promoted by the Executive for the use of bitcoin as a means of payment, according to the Minister of Finance, Alejandro Zelaya, said Monday. The official said during a television interview that “a limit of 4 million users has been established”, but that “in the first moments,” it could be around 2.5 million. President Nayib Bukele. (Photo internet reproduction) Zelaya indicated that “it is not an obligation to download the electronic wallet” and that “the fact that the Government is promoting it does not mean that it is an obligation”.

U S company begins installation of bitcoin ATMs in El Salvador

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