El Salvador News
Latest El Salvador News
El Salvador is negotiating a $1.3 billion loan with the IMF that reportedly could bring significant changes to its Bitcoin legal tender law. In the coming weeks, El Salvador could finalize a multi-billion dollar deal with the International Monetary Fund…
BTC
Bitcoin
El Salvador bonds broke into the top gainers in emerging-market debt, driven by Bitcoin’s stride above $100,000.
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Bitcoin
The use case of Bitcoin has spread around the globe since El Salvador adopted it as a legal tender, the U.S. planned it for a national strategic reserve, and now Suriname. Maya Parbhoe, a Surinamese young lady who is running…
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Bitcoin
Bitfinex Securities has launched the first regulated public offering of tokenized U.S. Treasury Bills under El Salvador’s new securities framework. The offering enables investors to purchase digital tokens linked to short-term U.S. Treasury Bills, combining traditional financial instruments with blockchain…
El Salvador’s President, Nayib Bukele, defended his country’s groundbreaking decision to adopt Bitcoin as legal tender, emphasizing its impact on the nation’s global image and economic opportunities. In a recent interview with Time Magazine, Bukele highlighted Bitcoin’s (BTC) benefits to…
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Bitcoin
A cold wallet reportedly owned by the Salvadoran government has been buying one Bitcoin everyday since March 16, adding 162 coins to the country’s Bitcoin holdings. Data from blockchain analytics platform Arkham Intelligence shows that the address, marked as El…
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Bitcoin
El Salvador has proposed using crypto for trade with Russia to navigate financial constraints imposed by sanctions, according to a Russian embassy official. El Salvador has proposed using Bitcoin (BTC) for trade with Russia, as the latter has limited options…
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Bitcoin
Fractured Latin America is turning its attention to cryptocurrencies. What is happening in these countries?
Bitcoin-friendly nation El Salvador is working on a crypto regulatory framework and has enlisted help from a digital asset titan affiliated with the largest stablecoin.Â
El Salvador, the world’s first country to use Bitcoin as legal tender, has launched its own platform that provides public access to BTC investment data via a personalized mempool. According to the most recent mempool data, El Salvador presently possesses…
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Bitcoin
El Salvador’s state-controlled Bitcoin wallet is embroiled in a second data breach incident after hackers published another batch of sensitive information.
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Bitcoin
Bitfinex Securities is launching a tokenized debt offering to fund the construction of a new Hilton hotel
El Salvador has shifted a significant portion of its Bitcoin (BTC) assets into a secure cold wallet, as announced by President Nayib Bukele. The Central American nation, under newly re-elected President Nayib Bukele’s guidance, revealed its considerable Bitcoin holdings, totaling…
BTC
Bitcoin
El Salvador’s President Nayib Bukele recently shared insights on X about the nation’s Bitcoin investments, revealing a potential profit margin of over 40% from its holdings. Bukele highlighted that despite previous criticisms during Bitcoin’s price lows the current market upswing…
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Bitcoin
Nayib Bukele, celebrated for his pro-bitcoin stance and aggressive crime-fighting policies, is poised to secure a second term as El Salvador’s president, with exit polls showing his “Nueva Ideas” party commanding an 87% lead in the recent elections. The remarkable…
Analysis of El Salvador and the Central African Republic’s experiences with Bitcoin adoption showed mixed outcomes. Which countries could be next? Blending crypto with the mainstream, El Salvador became the first country to adopt Bitcoin (BTC) as legal tender in…
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Bitcoin