Cryptocurrency Report
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Altcoin
  • Blockchain
  • Analysis
  • DeFi
  • NFT
  • ICO
  • Videos
What's Hot

CryptoPunk to be split into pieces: Nifty Newsletter, Aug 3–9

August 11, 2022

Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

August 11, 2022

SBI Group reports investee getting CFTC approval for OTC derivatives trading in US

August 10, 2022
Facebook Twitter Instagram
  • Advertise
  • Privacy
  • Contact
  • Terms
Facebook Twitter Instagram LinkedIn
Cryptocurrency Report
  • Home
  • News
    1. Bitcoin
    2. Ethereum
    3. Altcoin
    4. View All

    Galaxy Digital’s Novogratz Doubts Bitcoin Will Pass USD 30,000 Barrier Soon

    August 10, 2022

    Bitcoin and Ethereum Consolidate, ZEC and CEL Rally

    August 10, 2022

    Bitcoin, Surf & My Crackdown on Gangs Bringing More Tourists than Ever to El Salvador, Says Bukele

    August 10, 2022

    Bollywood-like Drama Erupts as CZ Moves to Distance Binance from India’s WazirX Exchange

    August 10, 2022

    Reddit Community Points Ready for the Ethereum Mainnet Move

    August 10, 2022

    ‘Most Significant Legal Action’ Against Crypto in US, Hodlnaut Halts Withdrawals, Zipmex Releases Ethereum & Bitcoin + More News

    August 9, 2022

    EthereumPoW Fork Won’t ‘Significantly’ Harm Ethereum – Vitalik Buterin

    August 9, 2022

    Justin Sun, Poloniex Back Plan to Create a PoW Ethereum Hard Fork

    August 9, 2022

    Hong Kong Police Publish Details of USDT Fraud Case in Effort to Raise Public Awareness of Crypto Scams

    August 10, 2022

    Bitcoin Tests USD 24K, Ethereum Eyes USD 1.8K, Altcoins Rally

    August 9, 2022

    Nomad Announces a Multimilion Bounty for ‘White Hats’, Says USD 20M Returned Already

    August 9, 2022

    Bitcoin and Ethereum Stuck in a Key Range, FLOW Surges Over 50%

    August 8, 2022

    CryptoPunk to be split into pieces: Nifty Newsletter, Aug 3–9

    August 11, 2022

    Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

    August 11, 2022

    SBI Group reports investee getting CFTC approval for OTC derivatives trading in US

    August 10, 2022

    Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada

    August 10, 2022
  • Blockchain
  • Analysis
  • DeFi
  • NFT
  • ICO
  • Videos

    The Crypto Metaverse is Growing RAPIDLY! (INSANE MICROSOFT BUY)

    January 18, 2022

    BEST Crypto Safety Guide 101 (Keep Your $$ SAFE with Passphrases)

    January 18, 2022

    SHOCKING: Microsoft Enters the CRYPTO METAVERSE!!! (HUGE $69 Billion CASH Buy)

    January 18, 2022

    URGENT NEWS For Cardano Holders!! (MUST Watch Before Jan 20)

    January 17, 2022

    ⚠️ WARNING To All Bitcoin Holders ⚠️ (Time is RUNNING OUT!!!)

    January 17, 2022
  • bitcoinBitcoin(BTC)
    $42,304.00-0.92% 24H
    BITCOIN
    24H : -0.92%
    Volume : $18,001,823,455.00
    Marketcap : $804,136,324,461.00
  • ethereumEthereum(ETH)
    $3,187.18-1.80% 24H
    ETHEREUM
    24H : -1.80%
    Volume : $11,828,130,842.00
    Marketcap : $383,283,409,099.00
  • tetherTether(USDT)
    $1.000.020% 24H
    TETHER
    24H : 0.020%
    Volume : $42,292,952,195.00
    Marketcap : $82,566,134,570.00
  • binancecoinBNB(BNB)
    $416.19-2.16% 24H
    BNB
    24H : -2.16%
    Volume : $1,421,783,549.00
    Marketcap : $69,948,357,062.00
  • usd-coinUSD Coin(USDC)
    $0.9980.110% 24H
    USD COIN
    24H : 0.110%
    Volume : $3,215,590,549.00
    Marketcap : $50,856,931,622.00
  • solanaSolana(SOL)
    $110.52-1.25% 24H
    SOLANA
    24H : -1.25%
    Volume : $1,326,948,052.00
    Marketcap : $36,230,891,086.00
  • rippleXRP(XRP)
    $0.744-2.62% 24H
    XRP
    24H : -2.62%
    Volume : $2,611,405,064.00
    Marketcap : $35,798,721,281.00
  • cardanoCardano(ADA)
    $1.02-1.97% 24H
    CARDANO
    24H : -1.97%
    Volume : $735,911,632.00
    Marketcap : $32,692,285,870.00
  • terra-lunaTerra(LUNA)
    $87.96-7.21% 24H
    TERRA
    24H : -7.21%
    Volume : $2,091,404,457.00
    Marketcap : $31,224,000,667.00
  • avalanche-2Avalanche(AVAX)
    $79.94-4.23% 24H
    AVALANCHE
    24H : -4.23%
    Volume : $651,461,780.00
    Marketcap : $21,345,345,382.00
  • polkadotPolkadot(DOT)
    $18.98-3.96% 24H
    POLKADOT
    24H : -3.96%
    Volume : $522,492,664.00
    Marketcap : $20,904,948,600.00
  • dogecoinDogecoin(DOGE)
    $0.147-0.35% 24H
    DOGECOIN
    24H : -0.35%
    Volume : $1,709,936,369.00
    Marketcap : $19,528,083,067.00
  • binance-usdBinance USD(BUSD)
    $0.9990.100% 24H
    BINANCE USD
    24H : 0.100%
    Volume : $3,031,521,102.00
    Marketcap : $17,907,585,119.00
  • terrausdTerraUSD(UST)
    $1.000.00% 24H
    TERRAUSD
    24H : 0.00%
    Volume : $710,407,989.00
    Marketcap : $16,759,326,710.00
  • shiba-inuShiba Inu(SHIB)
    $0.000024-0.91% 24H
    SHIBA INU
    24H : -0.91%
    Volume : $622,427,689.00
    Marketcap : $13,391,607,837.00
  • wrapped-bitcoinWrapped Bitcoin(WBTC)
    $42,263.00-1.06% 24H
    WRAPPED BITCOIN
    24H : -1.06%
    Volume : $205,987,180.00
    Marketcap : $11,648,041,723.00
  • crypto-com-chainCronos(CRO)
    $0.437-1.87% 24H
    CRONOS
    24H : -1.87%
    Volume : $43,191,918.00
    Marketcap : $11,045,868,142.00
  • nearNEAR Protocol(NEAR)
    $15.96-4.67% 24H
    NEAR PROTOCOL
    24H : -4.67%
    Volume : $1,001,407,008.00
    Marketcap : $10,603,423,829.00
  • staked-etherLido Staked Ether(STETH)
    $3,182.92-1.85% 24H
    LIDO STAKED ETHER
    24H : -1.85%
    Volume : $8,945,498.00
    Marketcap : $10,259,684,260.00
  • matic-networkPolygon(MATIC)
    $1.43-2.09% 24H
    POLYGON
    24H : -2.09%
    Volume : $379,202,804.00
    Marketcap : $9,786,905,958.00
Cryptocurrency Report
Home » Bitcoin education center launches in El Salvador to boost adoption
News

Bitcoin education center launches in El Salvador to boost adoption

CryptoReporterBy CryptoReporterFebruary 3, 2022No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Major peer-to-peer (P2P) Bitcoin (BTC) platform Paxful is working to help Salvadorans better use BTC as the cryptocurrency became legal tender in El Salvador last year.

Paxful on Wednesday announced the launch of “La Casa Del Bitcoin,” a new educational and training center in El Salvador to enable free learning opportunities related to BTC.

https://t.co/qSPHy997JJ

— Paxful (@paxful) February 2, 2022

As part of the effort, Paxful will hold educational workshops and talks focused on Bitcoin and financial inclusion in the country. The center will focus on growing awareness around the benefits of buying and selling BTC as a means of exchange for the local community to further drive the next wave of Bitcoin mass adoption.

The center will also be home to the Built With Bitcoin Foundation offices, a United States-based nonprofit organization dedicated to providing clean water, access to quality education, sustainable farming, and humanitarian support, all powered by Bitcoin and cryptocurrencies. Paxful co-founder and CEO Ray Youssef is the executive director at the foundation.

“Bitcoin education is the key to financial freedom and El Salvador is leading the way with the support of the Bitcoin community,” Built With Bitcoin Foundation’s director of philanthropy Yusuf Nessary said.

According to Will Hernandez, director of Latin American growth at Paxful, the company saw a 300% increase in Salvadoran users. “What we’re witnessing is a moment of transformation in El Salvador. Peer-to-peer platforms are driving adoption in emerging markets, and as a people-powered platform, we understand that education is crucial to the next wave of adoption,” he noted.

Paxful did not immediately respond to Cointelegraph’s request for comment. The article will be updated pending new information.

Related: El Salvador relaunches Chivo wallet, plans to deploy 1,500 Bitcoin ATMs

Paxful’s new effort to raise awareness around Bitcoin in El Salvador comes in response to some existing crypto-related skepticism among El Salvadorans despite the country adopting BTC as legal tender on Sept. 7, 2021.

As previously reported, as many as 90% of El Salvadorans said their understanding of Bitcoin was poor or even non-existent in September 2021. One survey also later suggested that more than 50% of El Salvadorans were not familiar with Bitcoin.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

CryptoPunk to be split into pieces: Nifty Newsletter, Aug 3–9

August 11, 2022

Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

August 11, 2022

SBI Group reports investee getting CFTC approval for OTC derivatives trading in US

August 10, 2022

Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada

August 10, 2022

Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs

August 10, 2022

$475M in Bitcoin options expire this week — Are bulls or bears poised to win?

August 10, 2022
Add A Comment

Leave A Reply Cancel Reply

Top Posts

CryptoPunk to be split into pieces: Nifty Newsletter, Aug 3–9

August 11, 2022

Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

August 11, 2022

SBI Group reports investee getting CFTC approval for OTC derivatives trading in US

August 10, 2022

Subscribe to Updates

Get the latest sports news and analysis about crypto coins and the latest news about domains from Techie Memo.

Advertisement

Your number 1 source for all Cryptocurrency news and analysis. here you can follow all updates and latest rates for all currencies. Visit our about page for more information.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Top Insights

CryptoPunk to be split into pieces: Nifty Newsletter, Aug 3–9

August 11, 2022

Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

August 11, 2022

SBI Group reports investee getting CFTC approval for OTC derivatives trading in US

August 10, 2022
Get Informed

Subscribe to Updates

Get the latest sports news and analysis about crypto coins.

Facebook Twitter Instagram LinkedIn
  • Guest Post
  • Privacy Policy
  • Terms & Conditions
  • Contact
© 2022 Cryptocurrency Report. Designed by Sawah Dev.

Type above and press Enter to search. Press Esc to cancel.