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An Interview With El Salvador’s Top Crypto Regulator: ‘Developing Countries Can Lead the Financial Revolution’
16.11.2024
The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation to accept Bitcoin as legal tender
7 policymakers who are ‘laser focused’ on $100K Bitcoin price
14.11.2024
Bitcoin’s price surpassing $100,000 is within reach. The crypto laser eyes craze has turned from a delusional and flashy trend to a backed statement by actual fundamentals followed by some politicians
Eight policymakers who are ‘laser focused’ on $100K Bitcoin price
14.11.2024
Bitcoin price surpassing $100,000 is within reach. The crypto laser eyes craze has turned from a delusional and flashy trend to a backed statement by actual fundamentals followed by some politicians
El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger
12.11.2024
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively
El Salvador's Bukele Says Bitcoin Strategy a 'Net Positive,' but Adoption Lags
29.8.2024
El Salvador now holds $400 million in its "public wallet alone," President Nayib Bukele said in an interview with TIME
El Salvador launches $360M Bitcoin Treasury monitoring website
13.5.2024
El Salvador was the first country to adopt Bitcoin as legal tender back in 2021 and now holds over 5,700 BTC
Nayib Bukele Update on El Salvador Bitcoin Holdings Shows Growing Stack
26.3.2024
At the current price just above $70,000, the nation now holds about $400 million worth of bitcoin
First Mover Americas: El Salvador Holds More BTC Than Expected
15.3.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
El Salvador's Bukele Says Value of Country's Bitcoin Holdings Up Over 40%
28.2.2024
The country's bonds have also surged to over 80 cents on the dollar
El Salvador Triumphs in Bitcoin Bet — President Nayib Bukele Announces $3.6 Million Profit
4.12.2023
El Salvador’s head of state, Nayib Bukele, recently announced that the nation’s bitcoin investment has turned profitable, rebounding from a prolonged period of losses experienced during the majority of last year’s crypto winter. Bukele revealed that the value of...
Investigation Reveals El Salvador Misused One-Third of $600 Million COVID Relief for Bitcoin
1.11.2023
The COVID-19 pandemic plunged El Salvador into economic turmoil in 2020, causing GDP to plummet nearly 8% and leaving many struggling to survive the strict lockdown measures. So when the Central American Bank for Economic Integration (BCIE) approved a $600 million loan in 2021 to provide relief...
The Bitcoin Circular Economy Battles Entrenched Mindsets in El Salvador
28.8.2023
In his third weekly dispatch from El Salvador, Jonathan Martin meets two Bitcoin entrepreneurs working to improve financial inclusion
President Nayib Bukele Touts El Salvador as the ‘New Land of the Free’ in Vintage Americana Poster Featuring Bitcoin as Legal Tender
28.3.2023
President Nayib Bukele is promoting El Salvador as the “new land of the free,” as part of an invitation for foreigners to move to the Latam country. Bukele tweeted a poster in vintage American style that included several advantages that the country brings its citizen, including...
El Salvador Has Just Approved Law to Allow it to Issue Bitcoin Denominated Bonds
12.1.2023
El Salvador’s congress has passed a digital securities law that would allow the nation to issue Bitcoin-backed bonds, also known as Volcano Bonds.
The Legislative Assembly of El Salvador approved the bill by 62 votes to 16 on January 11. The bill will become law after being ratified by President...
El Salvador President Says Country Will Buy ‘One Bitcoin Every Day’, Billionaire Justin Sun Joins Him
18.11.2022
In a bid to exploit the recent crypto meltdown, El Salvador’s President Nayib Bukele and Tron Founder Justin Sun plan to Bitcoin at a pace of one coin per day starting today.
In a Thursday tweet, President Nayib Bukele announced the news, pledging to acquire one BTC per day starting Friday...
Salvadoran President Nayib Bukele Takes Aim at Bitcoin Detractors, Says the Ones Who Are Afraid ‘Are the World’s Powerful Elites’
9.10.2022
It’s been over a year since El Salvador codified bitcoin as legal tender in the Latin American country, and by popping the ‘orange pill,’ the country was propelled into the international spotlight. At the end of September, the 41-year-old Salvadoran president Nayib Bukele...
El Salvador Finance Chief Says USD 800M Debt Default Won’t Happen, Bukele Says BTC Is 'Inevitable'
15.7.2022
El Salvador’s finance minister says he is unworried by international markets forecasters’ predictions that the country will default on USD 800 million bond payments early next year.
ElSalvador.com, the website of the newspaper El Diario de Hoy, quoted minister Alejandro Zelaya as stating that...
Expat Salvadorans ‘Clash’ in LA Park over Bukele, Bitcoin
17.1.2022
Salvadorans in Los Angeles, USA, gathered in a public park on Saturday to vent their disdain for President Nayib Bukele and his bitcoin (BTC) adoption policies – while rival groups convened to voice their support for the crypto-keen leader....
Read More: Expat Salvadorans ‘Clash’ in LA Park over...
El Salvador to build 20 'Bitcoin Schools' with surplus from Bitcoin Trust
3.11.2021
The government will use the “surplus” from its Bitcoin Trust account that currently contains 1,120 BTC
El Salvador's credit rating could take hit amid Bitcoin adoption warns S&P Global
17.9.2021
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating