Bitcoin in El Salvador

A stock image of a Bitcoin, one of the cryptocurrencies Lemon Cash deals in

Crypto Firm Lemon Cash Evades Oversight via El Salvador

Argentinian cryptocurrency exchange Lemon Cash has escaped some of the oversight of the South American country’s fiscal authorities by delegating custody of the cryptocurrency it holds to a company based in El Salvador, where Bitcoin became legal tender in September. According to Criptomonedas.com, a cryptocurrency-focused online news publication, Lemon Cash made the announcement to its …

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A photo depicting physical Bitcoins to accompany an article on the adoption as legal tender of Bitcoin in El Salvador

Bitcoin in El Salvador: Govt Loses $3M on First Day

The government of El Salvador has lost an estimated $3.1 million on its initial investment in Bitcoin within one day of the cryptocurrency becoming legal tender in the Central American country. The adoption of Bitcoin in El Salvador became law on September 7, after months of headlines and speculation since legislation to make it legal …

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