El Salvador

There are a total of 28 articles associated with El Salvador.

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El Salvador President Nayib Bukele says he’s buying one bitcoin every day from here on in

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Pro-bitcoiners say the digital currency helped the Central American nation bring back its tourism industry

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President Nayib Bukele insists the country can pay its debt despite losing more than 50% on its bitcoin investments

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With its latest purchase and tumbling prices, El Salvador now holds 2,381 bitcoin worth $46.4 million

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The President of Panama has partially vetoed the country’s crypto bill which now heads back to the National Assembly for a vote

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El Salvador President Nayib Bukele has made it a habit to “buy the dip” in recent months, but bitcoin’s price continues to fall

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A new feature on Banco Galicia’s investment platform allows clients to buy bitcoin, ether, USDC and Ripple’s XRP

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US Reps. Norma Torres and Rick Crawford have introduced a companion bill in the House over El Salvador’s adoption of bitcoin

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Blockworks exclusive: The new exchange is seeking regulatory approval in jurisdictions including El Salvador and the United Arab Emirates

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The country’s so-called “volcano bonds,” named after the source of power for bitcoin mining operations, are delayed until as late as September, sources say

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The IMF remains skeptical of the country’s audacious bitcoin policies

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Following approval by the Senate plenary, the bill will need to pass Brazil’s lower house before President Bolsonaro vetos or approves

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President Nayib Bukele regularly takes to Twitter to voice his opinions on bitcoin as well as political issues with the US

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El Salvador, the first country in the world to make bitcoin legal tender, has announced a partnership with AlphaPoint to improve its bitcoin wallet

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As El Salvador’s financial woes continue, the IMF recommends the country abandon its bitcoin plans

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El Salvador’s bitcoin experiment could become the blueprint for other nations looking to adopt crypto. Here is an update on how it’s going

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Rio De Janeiro is putting crypto on its balance sheet, and it won’t be long before other governments get FOMO, Fidelity researchers said

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Cryptocurrency mining has the potential to address the obstacles to more widely adopting renewable energy

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Bonds that fund El Salvador’s Bitcoin City to be issued on Blockstream’s Liquid Network and processed by iFinex, the controversial company behind Tether.

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El Salvador made history with its quick rollout of bitcoin as legal tender, but there is question over when, if ever, other countries may follow suit.

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“Any [company] that charges fees for any type of payment is going to be impacted by bitcoin,” Validus Power Corp’s Greg Foss said.

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El Salvador President Nayib Bukele said he plans to spend more than $225 million for the country’s adoption of bitcoin.

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But one fund manager that spoke to Blockworks says the U.S. dollar is the bigger threat.

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“People don’t realize that (El Salvadorians) need this and can actually use bitcoin to better themselves,” Carlos Betancourt, co-founding principal of BKCoin Capital, said during an interview with Blockworks.

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The company has raised a cumulative $30 million in funding since inception and its CEO said they might consider future funding rounds later this year.

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