El Salvador’s world-first adoption of bitcoin endures bumpy first day

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17 April 2024, 04:01

16 April

23:03
About 10 ambulance brigades are working at the ongoing rally, no one needed to be taken to the hospital - Health Ministry

22:39
As a result of the use of the so-called pepper spray near the Parliament, several participants of rally were injured, including the cameraman of Kurieri

22:36
Salome Zourabichvili responds to the protest rally with another post

22:01
One employee of the Ministry of Internal Affairs has already been injured during the manifestation - MIA
20:16
MIA reiterates its call towards the organizers and participants of the rally to protest peacefully, not to ignore requirements of the active legislation

19:39
Even one death could have very bad outcome – Devi Chankotadze from the UNM

18:23
Georgia: PACE President asks the Venice Commission for an opinion on the draft law on Transparency of Foreign Influence

17:36
All detainees have unlimited access to lawyers defending their interests, representatives of Public Defender’s Office and Special Investigation Service - MIA
16:48
Minister of Defense meets with the Permanent Secretary of the Ministry of Defense of Finland

15:35
Yesterday, there was a very serious and shameful fact with Elisashvili’s participation in Parliament, even more unfortunate were the statements that directly incited violence - Kaladze

14:58
It is time for unity and attack - Mikheil Saakashvili

14:57
MIA has decided that participants of the rally would not be allowed to continue manifestation at side entrances of the parliament building - statement
14:14
Overall, the public can receive information on possible foreign funding of elections and political processes, for informed political decision. Security of state is not an abstraction but a tangible right of every citizen - Papuashvili

14:01
Don’t believe the concerns of those people who turned their backs on their homeland at a time of the utmost historic significance, went from door to door in Brussels, trying to convince people not to grant Georgia candidate status – Botchorishvili

12:40
Legal Issues Committee supports candidates for CEC chairmanship and membership

12:20
Discussion of the “Transparency Bill” will take place amid the rally - protesters are already near the Parliament
11:40
We are witnessing a disinformation storm on Georgian society, where they are still trying to suppress common sense with slogans and dogmas – Papuashvili

11:29
Police say 14 detained, officer injured during transparency bill protests

11:18
We are waiting for you to present the argument, we will not accept the assessments forwarded by Captain Gigauri, because this person herself is suspected in the case of collapsing institutions - Zarkua to Miller

11:10
At least 33 killed in Afghanistan as heavy rains set off flash floods
10:45
The draft law “On Transparency of Foreign Influence” to be presented at the plenary session today

10:12
In the future all EU-funded NGOs must publicly disclose the detailed allocation of their funds, including the identity of the final recipients and the source of their funding – EPP
15 April

22:01
The Ministry of Internal Affairs reiterates its call towards the organizers and participants of the protest rally

21:35
Water jet machine, special forces are mobilized near the Parliament

21:27
MIA calls on the organizers and participants of the protest rally not to exceed the limits defined by the law

21:20
“Yes to Europe! No to Russian law!” – protest rally underway near Parliament
18:35
Three members of Rustavi Sakrebulo from UNM left the party and faction

17:31
Irakli Garibashvili meets the Chinese delegation led by the Vice Minister of the International Department of the Central Committee of the Ruling Party of China

16:38
The completely argumentless opposition has nothing left, except to commit violence at the hands of Aleko Elisashvili and then applaud this violence – Botchorishvili

16:37
In France, secret investigative activities based on algorithmic techniques are allowed in the only case, which is the fight against terrorism, and the other is allowed in relation to the purposes of this law – Mdinaradze
15:53
Why are you nervous, why are you lying to these people, if someone asks you, we will no longer be in power in 5 - 6 months, change this law then - Mdinaradze to Khabeishvili

15:32
Russian occupation forces illegally detained 3 Georgian citizens

15:06
Prime Minister discusses Bill on Transparency of Foreign Influence with US, EU, UK Ambassadors

14:33
Aleko Elisashvili, Citizens, physically confronted Mamuka Mdinaradze, Georgian Dream
14:14
We are ready to participate in the public discussion offered by the Prime Minister to diplomats - Papuashvili

13:25
Prime Minister of Georgia meets ambassadors of the US, the EU and Great Britain in the Government administration

12:52
All accredited media should be allowed to be in the Parliament and cover the current day from the perspective it deems appropriate – Ombudsman

12:50
Prime Minister meets delegation from the People’s Republic of China
12:03
We came to the point where the Government must take appropriate measures to eliminate the circulation of this black money - Mdinaradze

11:27
We will make an independent decision, which in this case may not suit anyone except Georgia, but we act in the interests of Georgia - Mdinaradze on the Bill on Transparency

11:19
You want to disrupt the discussion, but we will not allow you to do so. I know it’s hard to hear the truth, but you have to - Okhanashvili to the opposition

10:36
There is no need to recall anything, this is European legislation, it concerns only transparency - Matikashvili on the draft law “On the transparency of foreign influence”
10:31
In parallel with the consideration of the bill “On the Transparency of Foreign Influence”, a protest rally is taking place near the Parliament

09:33
Five facts of transporting a particularly large amount of goods at the customs border of Georgia in violation of customs rules were exposed

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El Salvador’s world-first adoption of bitcoin endures bumpy first day

08-09-2021 14:56

Bitcoin officially became legal tender in El Salvador on Sept. 7, 2021, making it the first country to adopt the currency. The move has turned the Central American country into the first national experiment regarding the use of the often volatile currency, which is increasingly popular among many investors and speculators globally. The USD will remain the country"s other principal medium of exchange.

Bitcoin’s price fell sharply after El Salvador announced the move, recovering slightly by early afternoon Tuesday.

In 2001, El Salvador’s Law of Monetary Integration set a fixed rate of exchange between the U.S. dollar and that country"s monetary unit, the colon. While the colon technically remains legal tender, it is no longer in circulation and thus is rarely used today.

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