{"id":557877,"date":"2021-09-08T13:52:46","date_gmt":"2021-09-08T13:52:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/"},"modified":"2021-09-08T13:52:46","modified_gmt":"2021-09-08T13:52:46","slug":"can-i-get-that-change-in-btc-please","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/","title":{"rendered":"Can I get that change in BTC, please?"},"content":{"rendered":"

<\/a> El Salvador yesterday made BTC legal tender, ignoring the concerns of <\/strong>many, many officials and industry experts around the globe. <\/strong>The country has adopted the cryptocurrency in an effort to boost its low banking penetration rate and cut the cost of sending home remittances. But critics say El Salvador\u2019s poorest stand to suffer if BTC\u2019s value falls, and have warned against anchoring the country\u2019s economy to the volatile cryptocurrency.<\/p>\n

So, what exactly happened yesterday? <\/strong>Salvadorans were meant to receive USD 30 in BTC as an incentive \u2014 equivalent to 0.00058 BTC \u2014 after they downloaded a government digital wallet \u2014 Chivo \u2014 and entered their ID numbers, according<\/a> to the country\u2019s Finance Minister Alejandro Zelaya. The government has allocated some USD 120 mn to establish up to 4 mn Chivo accounts, almost enough for El Salvador\u2019s entire adult population of 4.6 mn, though Zelaya has said that he is skeptical about the number of people who will take up the offer.<\/p>\n

El Salvador\u2019s congress had <\/strong>approved<\/a><\/strong> Bukele\u2019s proposal to adopt BTC earlier this summer: <\/strong>As the law (pdf)<\/a> comes into effect, the cryptocurrency will become an acceptable form of payment for goods and services, along with the USD, which will also continue to act as legal tender. \u201cIt will bring financial inclusion, investment, tourism, innovation and economic development for our country,\u201d Bukele said in a tweet.<\/p>\n

The plus side: <\/strong>Adopting BTC could save citizens an annual USD 400 mn in fees spent on receiving remittances, according to Salvadoran president Nayib Bukele, which comprise 16% of the country\u2019s GDP. While less than 30%<\/a> of the population have bank accounts, while the country has recorded over 10 mn<\/a> mobile cellular subscriptions, meaning that a number of the country\u2019s 6.5 mn population have more than one phone. With an underbanked, but highly connected population, the adoption of mobile BTC payments could make transactions easier for a large portion of El Salvador\u2019s population.<\/p>\n

BTC could also help the country plug its budget deficit, <\/strong>proponents argue, if it is able to take advantage of BTC\u2019s fluctuating price and convert inflows when the price is high to finance its deficit, which stood at 10% of GDP in 2020.<\/p>\n

But the IMF thinks the government should be cautious: <\/strong>A lack of effective regulatory measures means the mass adoption of crypto could present heightened risks for the country, an IMF spokesperson said<\/a> after the plan was announced. An unregulated crypto market could become a hotbed for money laundering and other financial crime, analysts said. The move could also go south if people lose confidence in BTC, and a sudden rush to convert BTC holdings into USD could strain onshore liquidity. Moody\u2019s also downgraded<\/a> El Salvador\u2019s credit rating after the announcement, saying the adoption could destabilize the financial system.<\/p>\n

And so does JPMorgan: <\/strong>A sudden increase in the number of daily transactions using BTC could pose a challenge not only for the country, but for BTC\u2019s blockchain itself, which could struggle to support a surge in transactions, according to a JP Morgan report<\/a>. Almost 90% of the BTC in existence is locked up in illiquid holdings, and daily payments in El Salvador would be equivalent to 1% of the value of tokens that have been transferred over the past year.<\/p>\n

How much will your <\/strong>morning coffee<\/a><\/strong> set you back in BTC? <\/strong>To put things into perspective, a cappuccino in El Salvador costs USD 2.76 on average, which is 0.000053 BTC. One BTC today is equivalent to USD 51,823.94 \u2014 about 13x the average annual income of a Salvadoran in 2019, which stood at USD 4k.<\/p>\n

And BTC ATMs should make conversions easier: <\/strong>In efforts to prepare for the BTC rollout, the government has installed BTC ATMs<\/a> that allow citizens to convert their cryptocurrency into USD and withdraw it. The government has said it will set up 200 commission-less machines that will serve the country\u2019s citizens along with the government\u2019s digital wallet, and 50 financial branches for cash withdrawals or deposits.<\/p>\n

This isn\u2019t El Salvador\u2019s first experiment with BTC:<\/strong> So-called BTC beach<\/a>, a moniker for El Salvador\u2019s seaside town of El Zonte, has been using the currency since 2019 after an American expat introduced it to the unbanked town, transforming the local economy. The town was cited as an inspiration by President Bukele for his nationwide experiment.<\/p>\n

Will other developing countries follow suit? <\/strong>Economies looking to decrease reliance on, and unpeg their currency from the USD could consider following in El Salvador\u2019s footsteps, though BTC is not the obvious crypto of choice for many due to its volatility. Many countries have been exploring launching their own Central Bank Digital Currencies, with Venezuela in 2018 launching its own crypto tied to its oil reserves as an (unsuccessful) attempt to get around US sanctions. The Bahamas has also introduced its own government-issued digital currency<\/a> in a bid for financial inclusion.<\/p>\n

What about BTC in Egypt? <\/strong>We\u2019re a far cry from adopting the currency into our financial system, with the Central Bank of Egypt issuing a warning<\/a> earlier this year against cryptocurrencies after the recently-enacted Central Bank and Banking Act prohibited issuing, trading and promoting crypto in Egypt without special licensing. Egypt was said to be mulling<\/a> the introduction of its own cryptocurrency, though that would be different from a cryptocurrency as it would be backed and regulated by the central bank.<\/p>\n

We have an explainer here<\/a><\/strong> if you want to dive more into what a central bank digital currency is and how it works.<\/p>\n","protected":false},"excerpt":{"rendered":"

El Salvador yesterday made BTC legal tender, ignoring the concerns of many, many officials and industry experts around the globe. The country has adopted the cryptocurrency in an effort to boost its low banking penetration rate and cut the cost of sending home remittances. But critics say El Salvador\u2019s poorest stand to suffer if BTC\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":557878,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9835],"tags":[8882,344,2727,633],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-crypto","tag-cryptocurrency","tag-el-salvador","tag-enterprisepm","wpautop","entry"],"acf":{"mongo_id":"13c33c37-4629-4d95-b717-515f04d47492","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/9\/470.jpg","photo_position":"above","related_issue":[557867],"teaser":"","voice_url":""},"yoast_head":"\nCan I get that change in BTC, please? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can I get that change in BTC, please?\" \/>\n<meta property=\"og:description\" content=\"El Salvador yesterday made BTC legal tender, ignoring the concerns of many, many officials and industry experts around the globe. The country has adopted the cryptocurrency in an effort to boost its low banking penetration rate and cut the cost of sending home remittances. But critics say El Salvador\u2019s poorest stand to suffer if BTC\u2019s […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-08T13:52:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Can I get that change in BTC, please?\",\"datePublished\":\"2021-09-08T13:52:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/\"},\"wordCount\":914,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1\",\"keywords\":[\"crypto\",\"cryptocurrency\",\"El Salvador\",\"EnterprisePM\"],\"articleSection\":[\"CRYPTO\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/\",\"name\":\"Can I get that change in BTC, please? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-09-08T13:52:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Can I get that change in BTC, please?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Can I get that change in BTC, please? - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/","og_locale":"en_US","og_type":"article","og_title":"Can I get that change in BTC, please?","og_description":"El Salvador yesterday made BTC legal tender, ignoring the concerns of many, many officials and industry experts around the globe. The country has adopted the cryptocurrency in an effort to boost its low banking penetration rate and cut the cost of sending home remittances. But critics say El Salvador\u2019s poorest stand to suffer if BTC\u2019s […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-09-08T13:52:46+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Can I get that change in BTC, please?","datePublished":"2021-09-08T13:52:46+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/"},"wordCount":914,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1","keywords":["crypto","cryptocurrency","El Salvador","EnterprisePM"],"articleSection":["CRYPTO"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/","name":"Can I get that change in BTC, please? - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1","datePublished":"2021-09-08T13:52:46+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/can-i-get-that-change-in-btc-please\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Can I get that change in BTC, please?"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/470.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":557207,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/el-salvador-wont-stop-btc-from-going-to-the-moon-according-to-standard-chartered\/","url_meta":{"origin":557877,"position":0},"title":"El Salvador won\u2019t stop BTC from going to the moon, according to Standard Chartered","author":"enterpriseam admin","date":"9 September 2021","format":false,"excerpt":"BTC will double in value and hit USD 100k by early 2022, a Standard Chartered research team is predicting, Reuters reports. \u201cBTC may become the dominant peer-to-peer payment method for the global unbanked in a future cashless world,\u201d the team said in a note sent to clients. BTC\u2019s value sat\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557148,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/this-morning-more-conferences-start-today-longer-egx-sessions-coming-egypt-turkey-wrap-today-el-salvador-crashes-btc\/","url_meta":{"origin":557877,"position":1},"title":"THIS MORNING: More conferences start today; Longer EGX sessions coming? Egypt-Turkey wrap today; El Salvador crashes BTC.","author":"enterpriseam admin","date":"8 September 2021","format":false,"excerpt":"Good morning, friends, and welcome to a particularly busy Wednesday, packed with news about a long-awaited IPO, fresh investment, green bonds and the wellbeing of women employees. Need more proof the summer slowdown is officially over? It\u2019s been at leat a month and a half since our What\u2019s Happening Today\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550875,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/10\/andy-warhols-marilyn-monroe-portrait-sells-for-usd-195-mn-would-martians-accept-btc\/","url_meta":{"origin":557877,"position":2},"title":"Andy Warhol\u2019s Marilyn Monroe portrait sells for USD 195 mn + Would martians accept BTC?","author":"enterpriseam admin","date":"10 May 2022","format":false,"excerpt":"Andy Warhol\u2019s portrait of Marilyn Monroe broke auction records for American art after selling for USD 195 mn in an auction at Christie\u2019s yesterday to an unknown buyer, reports CNBC. While the price tag fell short of the USD 200 mn estimate for the artwork and the USD 250-300 mn\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/449.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":613669,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/18\/investors-pour-usd-900-mn-into-btc-etfs-in-three-days\/","url_meta":{"origin":557877,"position":3},"title":"Investors pour USD 900 mn into BTC ETFs in three days","author":"enterpriseam admin","date":"18 January 2024","format":false,"excerpt":"The US\u2019 SEC greenlit the funds last week","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/bitcoin-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545475,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/31\/the-most-distant-star-seen-through-hubble-volcano-bonds-for-crypto-enthusiasts-in-el-salvador\/","url_meta":{"origin":557877,"position":4},"title":"The most distant star seen through Hubble + Volcano bonds for crypto enthusiasts in El Salvador","author":"enterpriseam admin","date":"31 March 2022","format":false,"excerpt":"Astronomers have spotted what is believed to be the most distant star ever seen through the Hubble space telescope, according to the Associated Press. Earendel, which means rising light, is believed to be among the first generation of stars born after The Big Bang. The image of the star picked\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/767.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544214,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/the-rising-popularity-of-crypto-requires-a-rethink-of-its-environmental-impact\/","url_meta":{"origin":557877,"position":5},"title":"The rising popularity of crypto requires a rethink of its environmental impact","author":"enterpriseam admin","date":"17 February 2022","format":false,"excerpt":"Crypto is on the rise \u2014 and so is scrutiny of its carbon footprint: In the space of a decade, cryptocurrencies have gone from a niche cause for rebel techies to a firm feature of global finance, and now boast a total market valuation of nearly USD 2 tn. But\u2026","rel":"","context":"In "WHAT\u2019S NEXT"","block_context":{"text":"WHAT\u2019S NEXT","link":"https:\/\/enterpriseam.com\/egypt\/category\/whats-next-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/498.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=557877"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557877\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/557867"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/557878"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=557877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=557877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=557877"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=557877"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=557877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}