El Salvador to Build National Stadium, Sushi Passed Governance Overhaul

January 3, 2022



El Salvador will build another national stadium in a collaboration with China, President Nayib Bukele said in a Spanish-language Twitter post on Friday.

This is a collaboration conceded directly by President Xi and a sample of the friendship between the peoples of China and El Salvador, Bukele tweeted in Spanish, alluding to Chinese President Xi Jinping.

The new stadium will have a genuine limit with regards to 50,000 seated fans, Bukele said in the tweet. It will be inherent the current location of the country’s military school, which will be rebuilt somewhere else and have double the limit it has now. Bukele telegraphed the declaration in a previous tweet.

El Salvador Became the First Nation to Make Bitcoin a Legal Tender

El Salvador in September turned into the first thus far just country to designate bitcoin legal tender. We should break the paradigms of the past, Bukele said at that point. El Salvador has the privilege to advance toward the First World.

The decision isn’t without critics. The International Monetary Fund (IMF) in November said bitcoin ought not be utilized as legal tender in El Salvador and asked the Central American country to reinforce the regulation and supervision of its recently settled payment ecosystem.

Following quite a while of public infighting and turmoil, famous DeFi stage Sushi has passed an aggressive governance overhaul intended to smooth out inside processes with a hierarchical, departmental structure.

The proposal is the end to the most recent part in an astoundingly turbulent anecdote about the protocol’s fall, rise and fall again a contextual investigation for the approaching thus far generally chipper period of decentralized autonomous organizations (DAOs) and their extraordinary governance structures.

The turmoil has pushed the cost of Sushi’s governance token, SUSHI, down the extent that 78% off its untouched high of $23.28. 

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