El Salvador News

VanEck adviser Gabor Gurbacs anticipates a surge in investment capital and immigration that will drive El Salvador's economic growth in the coming years.

El Salvador is launching its first Bitcoin mining pool, called Lava Pool, aiming to decentralize mining and leverage renewable energy.

Binance won two service provider licenses in El Salvador, as its regulatory issues in the United States and Europe still remain. El Salvador’s Central Reserve Bank granted Binance’s Bitcoin services provider license application. At the same time, concurrently, the National…

Remittance in Bitcoin and cryptocurrencies to El Salvador fell 26.5% in H1 2023

El Salvador's international bonds rebounded, offering a remarkable 60% return in 2023, with a significant portion achieved in the first half of the year

The IMF believes that countries in LAC see central bank digital currencies (CBDCs) as a better option to improve their payment systems compared to cryptocurrencies which are considered riskier assets

El Salvador is embarking on an initiative to establish a renewable energy power generation park in the Metapán area, aiming to become a center in the global bitcoin mining industry.

El Salvador enlists renowned author of 'The Bitcoin Standard' as economic consultant to shape its Bitcoin-oriented economic policy. Dr. Saifedean believes BTC can help pay off debts within 5 years.

Strike, a platform led by Jack Mallers that supports bitcoin (BTC) payments, is expanding to 65 global markets and relocating its global headquarters to El Salvador

President of El Salvador signs the Innovation and Technology Manufacturing Incentives Act, eliminating all taxes on technology innovations, software and app programming, AI, and computer and communications hardware manufacturing, in a bid to transform the nation into a global technology…

My First Bitcoin, an El Salvadoran nonprofit program, has raised over 1 bitcoin (BTC) in less than three weeks from Bitcoin education enthusiasts

Reports indicate that in 2022, El Salvador recorded a negative balance in foreign direct investment (FDI). Some blamed bitcoin, while others blamed the political issues.

Bitfinex Securities El Salvador has become the first crypto company to be granted a digital assets license by the El Salvador government. 

El Salvador President, Nayib Bukele, said he intends to eliminate all taxes on technological advances, including income, property, capital gains taxes, and import duties. He added that he would send legislation to Congress the following week. Aiding innovation undoubtedly offers…