54 sovereign nations are meeting in El Salvador to discuss how to legalize Bitcoin. This is a little Bitcoin/crypto Davos. El Salvador welcomed 54 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference. They are discussing financial inclusion, financing for small and medium-sized businesses, and Bitcoin (BTC).
Bitcoin price made a comeback above $30,000, starting its upward climb on the news. But, it seems like the climb has ended at the 50 SMA (yellow), which is keeping the price subdued for BTC/USD. The agenda of the meeting is the digital economy and banking for the unbanked.
Bitcoin price made a comeback above $30,000, starting its upward climb on the news. But, it seems like the climb has ended at the 50 SMA (yellow), which is keeping the price subdued for BTC/USD. The agenda of the meeting is the digital economy and banking for the unbanked.