Tag: El Salvador

Nayib Bukele has formally submitted documentation to run for another term in the presidential election scheduled for February 2024.

El Salvador, the first country to make Bitcoin (BTC) a legal tender, has expanded its stance on cryptocurrencies with a legalization bill

Australia has now been ranked the 4th largest crypto Automated Teller Machine (ATM) hub, stripping El Salvador of the position

An online video that has gone viral depicts instructors in El Salvador teaching their pupils about Bitcoin over the course of ten weeks. 

Billionaire venture capitalist Tim Draper claims Bitcoin (BTC) will make El Salvador one of the world's richest countries. 

El Salvador President Nayib Bukele has refuted several claims made in a Bloomberg report about the nation's Bitcoin (BTC) experiment

The Minister of the Economy for El Salvador has introduced a bill, clearing the way for the country to issue bitcoin-backed "volcano" bonds.

After one year of adopting Bitcoin as a legal tender, El Salvador has doubled down on its push for crypto asset regulation in the region

Nayib Bukele, the President of El Salvador has drawn a line between FTX and the world's largest cryptocurrency by trading volume Bitcoin

St Kitts and Nevis may be the next sovereign state to legalize digital currencies, specifically Bitcoin Cash (BCH) by 2023

According to reports, the President of El Salvador has dispelled the claims that his government has its bitcoin storage on the exchange FTX.

The president of El Salvador Nayib Bukele has predicted that a more decentralized system will eventually replace the central banking system.

After installing 43 crypto ATMs in 2022, Spain is officially the third largest crypto ATM hub displacing El Salvador to clinch the position

Softnotes make it easier for merchants to accept Bitcoin and are enabled by the world’s fastest blockchain

El Salvador’s long-term foreign currency issuer default rating (IDR) was reduced by Fitch Ratings from “CCC” to “CC,” citing the country’s “dire” liquidity condition as its January bond maturity date gets closer. The decision is in line with Fitch’s assessment that country’s “tight fiscal and external liquidity positions, extremely limited market access, high fiscal financing […]

El Salvador, the first country to adopt Bitcoin as its legal currency, is receiving praise as well as criticism from all over the world. The finance minister Alejandro Zelaya recently defended the country’s strategy that has been recently challenged by many in the crypto space amid the crypto winter season. During a recent interview with Bloomberg, […]

Crypto exchange platform Bitfinex has recently donated 36 Bitcoin (BTC) units worth around $726,000 and 600,000 Tether (USDT) to early-stage small businesses and entrepreneurs. The move comes under its pledge to support economic growth in the neighborhood that have previously struggled with violence related to gangs. #Bitfinex has donated 36 $BTC and $600K in $USDT […]

The world’s first country to accept bitcoin as its legal currency, El Salvador, is still struggling to issue the much-awaited Bitcoin bonds because of heavy market downfall, according to the Finance Minister of the nation. During an interview, Finance Minister Alejandro Zelaya said that it was not yet time to bring the Bitcoin bonds, so-called Vulcano […]