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El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly four-year crypto experiment? The curious…
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Bitcoin
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El Salvador’s Legislative Assembly has amended its Bitcoin Law, making it optional for merchants to accept Bitcoin as payment. This change aligns with conditions set by the International Monetary Fund for a $1.4 billion loan aimed at bolstering the nation’s…
BTC
Bitcoin
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El Salvador has ramped up its Bitcoin buying a day after agreeing to an International Monetary Fund deal that required scaling back its government-led crypto activities. On Dec. 19, the first nation to adopt Bitcoin as a legal tender and…
BTC
Bitcoin
News
El Salvador bonds broke into the top gainers in emerging-market debt, driven by Bitcoin’s stride above $100,000.
BTC
Bitcoin
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Incoming President Donald Trump celebrated Bitcoin’s historic price surge as the cryptocurrency hit six figures, sparking optimism among investors. Bitcoin (BTC) reached an all-time high of $100,000 on Dec. 4, marking a historic milestone for the world’s largest cryptocurrency. Former…
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Bitcoin
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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
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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
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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
Feature
The U.S. has a long history of selling Bitcoin — with incredibly bad timing. It might have ended up losing out on billions of dollars as a result. It’s weird to think that — until very recently anyway — the…
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Bitcoin
Follow-up
Generally speaking, Tucker Carlson’s interviews tend to generate more light than heat — with guests who are carefully chosen because they align to his world view. Tucker Carlson has established himself as one of the world’s most divisive right-wing pundits.…
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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…
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El Salvador’s Bitcoin “volcano bonds” are set to be launched in early 2024 following reported regulatory approval. The National Bitcoin Office (ONBTC) announced on Dec. 11 that the bonds had received approval from El Salvador’s Digital Assets Commission, with a…
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Bitcoin
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Authorities in El Salvador have unveiled a new citizenship-by-investment program that will provide visas and passports for up to 1,000 people. The country’s authorities and Tether launched the corresponding program. One of the conditions is the desire to invest 1…
BTC
Bitcoin
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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.
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Students in El Salvador are now getting enlightened about the workings of bitcoin (BTC), including how to receive BTC via the Lightning Network.
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El Salvador’s newly established National Bitcoin Office (ONBTC) will mainly be in charge of all activities regarding the first and most prominent cryptocurrency, Bitcoin. The new organization will also oversee, organize, and carry out initiatives connected to cryptocurrencies, the blockchain,…
