Bitcoin price slumps as El Salvador makes it legal currency | The Business

Subscribe to The Global Herald in Google News

ABC News (Australia) published this video item, entitled “Bitcoin price slumps as El Salvador makes it legal currency | The Business” – below is their description.

Caroline Bowler from BTC Markets claims there is a new case for crypto after El Salvador adopts the currency as its legal tender. She says it’s vital Australia properly explores the potential for digital assets and stable coins.

ABC News (Australia) YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

Subscribe to The Global Herald in Google News

About This Source - ABC News (Australia)

The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.

Recent from ABC News (Australia):

  • Victoria’s contentious pandemic bill gains crossbencher support | 7.30
  • Christian Porter to quit federal politics, and he says he won’t contest the next election | ABC News
  • Should ASIC have acted sooner to protect victims of collapsed housing scheme? | 7.30
  • In This Story: Bitcoin

    Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

    4 Recent Items: Bitcoin

  • Market Coverage: Tuesday November 30 Yahoo Finance
  • LIVE: Market Coverage – Monday November 29 Yahoo Finance
  • Bitcoin has not liked Covid headlines historically: The Block’s Frank Chaparro
  • Bitcoin is still king of crypto by far: Pomp Investments’ Anthony Pompliano
  • In This Story: El Salvador

    El Salvador, officially the Republic of El Salvador (Spanish: República de El Salvador, literally “Republic of The Saviour”), is a country in Central America. El Salvador’s capital and largest city is San Salvador.

    The colón, the currency of El Salvador since 1892, was replaced by the United States dollar in 2001.

    2 Recent Items: El Salvador

  • Bitcoin-based city to be built in El Salvador
  • World’s 1st Bitcoin-backed city at the base of a volcano in El Salvador
  • Leave a Comment

    We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please verbalise where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.