El Salvador
There are a total of 29 articles associated with El Salvador.

Previous calls to reverse bitcoin as legal tender in El Salvador have been met by derision from the country’s president

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

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

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

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

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

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

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

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

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

President Nayib Bukele regularly takes to Twitter to voice his opinions on bitcoin as well as political issues with the US
El Salvador, the first country in the world to make bitcoin legal tender, has announced a partnership with AlphaPoint to improve its bitcoin wallet

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

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

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

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.

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.

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

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

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

“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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