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Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
17.11.2022
El Salvador currently holds 2,381 BTC with a total investment of $103 million, the value of its BTC investment has declined to $39.4 million in the current market conditions
El Salvador's President Nayib Bukele and Tron's Justin Sun to Buy One Bitcoin Every Day
17.11.2022
Bukele and Sun commit to buy one BTC every day, starting from Thursday amid fears that crypto exchange FTX's recent collapse would prolong the ongoing crypto winter
Recent Poll Shows Citizens of El Salvador Still Not Sold on Bitcoin
26.10.2022
A recent poll completed by the Public Opinion University Institute, part of the Simeon Canas Centroamerican University, has found that El Salvador is still not attracted by the idea of bitcoin as legal tender. The poll results indicate that almost two-thirds of the population has a negative...
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...
Bitcoin-Embracing El Salvador President’s Re-Election Declaration Slammed
20.9.2022
Just over a year after overseeing El Salvador’s adoption of bitcoin, the Central American country’s 41-year-old president, Nayib Bukele, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele that...
Number of Youtube Crypto Stream Scams and Fake Domains Explodes in H1 2022
19.9.2022
A report issued by Group-IB, a Singaporean cybersecurity company, has found that the number of cryptocurrency scams that use fake domains has exploded during the first half of 2022. The number of these domains has grown fivefold, and most of these campaigns, though registered with Russian...
El Salvador's pro-Bitcoin president Nayib Bukele announces reelection bid
16.9.2022
Bukele says that despite past laws which prohibited the reelection of presidents, El Salvador can follow in the footsteps of developing nations
Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed
1.9.2022
The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, the exchange in which these bonds will be offered, stated that the law framework needed...
Bitcoin Beach to Receive More Than $203 Million in Infrastructure Investments in El Salvador
31.8.2022
El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of a strategic plan of the government of El Salvador. Surf City, another beach location in the La Libertad region, will also...
Bukele Takes a Laugh at South Korean Drama Featuring a Crypto-loving Character Based on Him
10.8.2022
The latest episode of a South Korean drama series about scorned women looking for revenge featured a character based on the El Salvadoran President Nayib Bukele – and the Bitcoin (BTC)-keen leader is looking on the light side.
The drama in question is named “Becoming Witch” and is currently airing...
Nayib Bukele Attributes Tourism Recovery in El Salvador to Bitcoin, Surf, and Crime Reduction
7.8.2022
Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements, including surfing, bitcoin, and overall crime reduction. El Salvador was one of the 15 countries that managed to take their tourism incomes to pre-pandemic numbers...
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...
Bitcoin vs bank: Nayib Bukele reminds Peter Schiff why banks can’t trump BTC
7.7.2022
Peter Schiff’s bank closure highlights why Bitcoin is crucial for financial freedom as the nascent asset class has already helped nearly 4 million unbanked in El Salvador to gain banking facilities
El Salvador's Bitcoin wallet Chivo scores $52M in remittances in 2022
6.7.2022
El Salvador payment app Chivo processed $52 million in remittances over the past 6 months, as expatriates make use of commission-free BTC transfers
El Salvador Buys 80 More Bitcoin as BTC Fell Below $19K — President Insists ‘Bitcoin Is the Future’
1.7.2022
El Salvador has doubled down on its bitcoin commitment despite a heavy sell-off in the crypto market. The country has bought 80 more bitcoins, according to Salvadoran President Nayib Bukele. El Salvador Bought the Bitcoin Dip The president of El Salvador, Nayib Bukele, announced Thursday that...
Ruble Hits 7-Year High, Bukele, O’Leary Unfazed by Crypto Downturn, Elon Musk Will Keep Buying DOGE — Bitcoin.com News Week in Review
26.6.2022
As sanctioned Russia’s fiat currency soars in value against the U.S. dollar, and crypto markets remain unpredictable, economists and crypto enthusiasts continue to puzzle and debate over what the next market move will be. In spite of this, several influential voices remain unperturbed when...
Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’
22.6.2022
In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that “mathematics don’t account for human...
Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market
20.6.2022
The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele,...
Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
16.6.2022
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC —...
Survey: More Than 70% of Salvadorans Believe the Bitcoin Law Has Not Improved Their Personal Finances
6.6.2022
A recent survey has offered some insight into the real opinions Salvadorans have about the implementation of the Bitcoin Law in the country. The survey, carried out by the University Institute of Public Opinion of the José Simeón Cañas Central American University, found that most...