El Salvador Buying Back Debt Following Bitcoin Losses
By / July 27, 2022, 2:05 pm EDT

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

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El Salvador Snaps Up Another $1.5M in Bitcoin, but Sits Heavily in the Red
By / July 1, 2022, 6:00 am EDT

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

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El Salvador’s Reserves Tumble as Bitcoin Extends Losses
By / June 13, 2022, 12:19 pm EDT

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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El Salvador Delays Volcano Bond Issue, Unveils State-owned Company Backing
By / March 23, 2022, 11:46 am EDT

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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Historic Brazilian Bill Regulating Crypto Heads to Senate Vote
By / February 23, 2022, 5:30 am EST

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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El Salvador’s President Calls US Senators ‘Boomers’ Over Bitcoin Bill
By / February 17, 2022, 8:30 am EST

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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IMF Asks El Salvador to Remove Bitcoin’s Legal-Tender Status
By / January 25, 2022, 3:40 pm EST

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

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Fraud, Funding Woes and a President Who Won’t Quit: El Salvador’s Bitcoin Experiment
By / January 19, 2022, 1:04 pm EST

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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El Salvador Plans ‘Bitcoin City’ Funded by Bitcoin Bonds and Powered by a Volcano
By / November 22, 2021, 4:36 am EST

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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JPMorgan Says Bitcoin Will ‘Pose Risks’ to El Salvadorian Economy
By / July 12, 2021, 4:43 pm EDT

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

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