Tag el salvador

El Salvador Issues Bitcoin Backed Stablesats

El Salvador Issues Bitcoin Backed Stablesats

Key Takeaways: Galoy, the open-source banking system used by the Bitcoin Beach Wallet in El Salvador, has started to release its Stablesats. With Stablesats, people can use Lightning for routine payments and stay protected from short-term volatility. The company believes…

El Salvador Postpones Bitcoin Bonds to September

El Salvador Postpones Bitcoin Bonds

Key Takeaway: The decision has been taken by Finance Minister Alejandro Zelaya to wait for favorable market conditions before launch. The Announcement According to Finance Minister Alejandro Zelaya’s announcement on Tuesday, El Salvador postponed an unprecedented issue of a bitcoin-backed…

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