How Is Cryptocurrency Sent and Received?

You’ve most likely heard of cryptocurrencies at some point, even if you didn’t pay a great deal of attention to it. Bitcoin (BTC) is by far the most well-known crypto thanks to its frequent appearances in the news due to its rapidly surging and falling prices. The current price for one BTC at the time of writing is $9,661, but this value […]

How the Salvadoran bitcoin standard will work

According to the legislative text, under the new law “every economic agent must accept bitcoin as payment when offered to him by whoever acquires a good or service”: a straightforward definition of what it means to be a legal currency. “Tax contributions can be paid in bitcoin,” along with all other legal obligations, and “exchanges in bitcoin will not be subject […]