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President of El Salvador Announces Volcano-Powered Crypto Mining Operation Has Generated $269 in Bitcoin

GizModo VR

Weeks ago, El Salvador became the first country in the world to declare Bitcoin a form of legal tender, spending $225 million and increasing its government stockpile to 550 Bitcoins as part of a rollout designed to cement the country as a world leader in cryptocurrency. On Friday, president and right-wing populist… Read more.

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El Salvador Buys 400 Bitcoin as Crypto Officially Becomes Currency on Tuesday

GizModo VR

The government of El Salvador purchased at least 200 bitcoin recently, ahead of the country officially recognizing bitcoin as a form of legal currency on Tuesday. The purchase brings the government’s total holdings to at least 400, the equivalent of roughly $20.5 million in crypto based on this morning’s price. Read more.

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El Salvador Becomes First Country to Recognize Bitcoin as Currency

GizModo VR

El Salvador has become the first country in the world to recognize the cryptocurrency bitcoin as legal currency, according to President Nayib Bukele in a tweet on Wednesday. Citizens will be able to pay taxes in bitcoin and, perhaps most importantly for bitcoin diehards, bitcoin won’t be subject to capital gains taxes… Read more.

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El Salvador Is Set to Become the First Country to Adopt Bitcoin as Legal Tender

GizModo VR

El Salvador may soon become the first sovereign nation in the world to adopt bitcoin as a legal tender, Salvadorian President Nayib Bukele announced Saturday. Read more.

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El Salvador to Give Every Citizen $30 in Bitcoin for Downloading Govt Crypto App

GizModo VR

El Salvador will give every adult citizen $30 in bitcoin, provided they download and register the government’s cryptocurrency app, known as Chivo, according to President Nayib Bukele. Read more.

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Virtualware Inks Multi-Year VR Trainer Deal with US Energy Firm

XR Today - Virtual Reality

With the agreement, the client will use VIROO at the University of El Salvador to prepare future workforces. For over 20 years, the El Salvador-based company has forged partnerships across academic, public, and private sector organisations. million deal will lock in VIROO subscription plans over three years’ time.

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El Salvador’s President Says He Will Build a ‘Bitcoin City’ Powered by a Volcano

GizModo VR

The 40-year-old right-wing president of El Salvador, Nayib Bukele, is once again betting on bitcoin to propel the country forward. His dubious plan is, essentially, to build a “Bitcoin City” powered by geothermal energy from a volcano to help raise the cryptocurrency’s profile and encourage its widespread use. Read more.