The plan spearheaded by President Nayib Bukele is aimed at increasing financial inclusion and allowing Salvadorans to save on US$400 million spent annually in commissions for remittances.
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News From Blockchain Economy
Get all the latest blockchain news and announcements from companies in the blockchain industry. Stories in this section cover topics such as blockchain (distributed ledger) technology, cryptocurrency, blockchain infrastructure, DeFi(Decentralized Finance), Blockchain Investment & Funding, Mergers and Acquisitions Deal, Startups, etc.
Also included are important developments regarding company performance, investment opportunities, and new industry developments.
Various stories related to all aspects of blockchain technology are featured in this section. Areas of interest include: blockchain applications and use cases, policy and regulation, and consumer and enterprise adoption.
Read all the latest updates from blockchain industry, and learn all the developments about blockchain and its impact on different industries.
The partnership between ZKSwap and SofaSwap allows users to start mainstream token contracts (BTC, ETH) using ZKS at SofaSwap.
The platform is the first solution of its kind to initiate and complete secure, low-fee cross-chain transactions in as fast as three seconds.
A growing number of organizations are now willing to explore decentralized finance and blockchain technology.
SIMBA Chain intends to use the new funds to scale sales, marketing, and development, and to dedicate resources to emerging enterprise level opportunities such as NFTs.
According to a LinkedIn job posting on Thursday, the multinational investment giant is looking to hire a cryptocurrency trader and cryptocurrency research analyst. The latest hiring can be seen as its efforts to build a new investment unit focused on the new asset class.
The Indian government will compartmentalise cryptocurrencies on the basis of their use cases and direct which cryptocurrency will be allowed to trade in India.
Nearly half (48%) of U.S. consumers have invested money in cryptocurrency during the first half of the year.
The two-day conference in Los Angeles will touch on various topics related to crypto and blockchain, including NFTs, Tokenized Securities, and Stablecoins.
It will enable the global Muslim community to take advantage of the booming DeFi sector while still adhering to the key tenets of their faith.

