{"id":126744,"date":"2021-08-25T19:23:03","date_gmt":"2021-08-26T02:23:03","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2021\/08\/el-salvador-readies-bitcoin-rollout-with-200-atms-for-conversion"},"modified":"2021-08-25T19:23:03","modified_gmt":"2021-08-26T02:23:03","slug":"el-salvador-readies-bitcoin-rollout-with-200-atms-for-conversion","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2021\/08\/el-salvador-readies-bitcoin-rollout-with-200-atms-for-conversion","title":{"rendered":"El Salvador Readies Bitcoin Rollout With 200 ATMs for Conversion"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/el-salvador-readies-bitcoin-rollout-with-200-atms-for-conversion2.jpg\"><\/a><\/p>\n<p>El Salvador began installing Bitcoin ATMs, allowing its citizens to convert the cryptocurrency into U.S. dollars and withdraw it in cash, as part of the government\u2019s plan to make the token legal tender.<\/p>\n<p>The government will install 200 of the teller machines to initially accompany its digital wallet called Chivo, a local slang term for \u2018cool,\u2019 President Nayib Bukele said on Twitter. Transactions will be commission free, he said, adding that there will also be 50 financial branches across the country for withdrawing or depositing money.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>El Salvador began installing Bitcoin ATMs, allowing its citizens to convert the cryptocurrency into U.S. dollars and withdraw it in cash, as part of the government\u2019s plan to make the token legal tender. The government will install 200 of the teller machines to initially accompany its digital wallet called Chivo, a local slang term for [\u2026]<\/p>\n","protected":false},"author":417,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,1761,45,1490,1496],"tags":[],"class_list":["post-126744","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-cryptocurrencies","category-finance","category-government","category-law"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/126744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/417"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=126744"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/126744\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=126744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=126744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=126744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}