El Salvador

El Salvador President Nayib Bukele, under whose administration Bitcoin (CRYPTO: BTC) was adopted as the legal tender, said that the leading cryptocurrency hasn't witnessed widespread adoption as expected. What happened: In an interview with Time Magazine, Bukele admitted that he expected the...

Tesla CEO Elon Musk praised El Salvador President Nayib Bukele's commitment to freedom of speech amid the controversial arrest of Telegram CEO Pavel Durov in France.  What happened: In a recent X post, Bukele pitched the Central American nation as one that protects civil liberties and does not...

El Salvador is set to provide Bitcoin (CRYPTO: BTC) education and certification to 80,000 public servants as part of a nationwide drive to integrate the leading cryptocurrency into its governance. What Happened: Stacy Herbert, Director of El Salvaodor’s National Bitcoin Office, announced that...

El Salvador is set to receive $1.6 billion in private investment, intended to accelerate the development of its ambitious “Bitcoin (CRYPTO: BTC) City” project. What Happened: According to a video shared by President Nayib Bukele Monday, Turkish company Yilport Holding would channel the...

The Congressional El Salvador Caucus urged the Joe Biden administration to ease El Salvador's travel advisory to Level 1 from the current Level 3. What Happened: Led by Rep. Matt Gaetz (R-Fla.) and Rep. Vicente Gonzalez (D-Texas), the bipartisan caucus sent a letter to Secretary of State Anthony...

Bitcoin's (CRYPTO: BTC) weekend retrace was one of its steepest recent years, with the King Crypto briefly plunging below $50,000. But away from the noise of sell-offs and bearish pressure, El Salvador continued to purchase and add BTCs to its reserves. What Happened: El Salvador purchased one BTC...

Maya Parbhoe, a presidential candidate in Suriname, has cited El Salvador’s pro-Bitcoin (CRYPTO: BTC) president, Nayib Bukele, as her inspiration to run for office. What Happened: Parbhoe was inspired by the Bitcoin-friendly policies of President Bukele. Bitcoin Magazine reported on Tuesday....

El Salvaodr’s president Nayib Bukele has proposed the establishment of a Bitcoin (CRYPTO: BTC) bank just two weeks into his second term. The initiative aims to capitalize on the nation’s pioneering embrace of Bitcoin, following its adoption as legal tender in 2021. Max Keiser, Senior...

ARK Invest CEO Cathie Wood said El Salvador’s economy could grow dramatically if it continues to embrace Bitcoin (CRYPTO: BTC) and artificial intelligence (AI) under President Nayib Bukele‘s leadership. What Happened: "President Bukele's determination to turn El Salvador into an oasis...

Officials from Argentina and El Salvador have held discussions about Bitcoin (CRYPTO: BTC) adoption, focusing on El Salvador’s pioneering experience as the first country to adopt Bitcoin as legal tender in 2021. What Happened: Roberto E. Silva and Patricia Boedo, president and vice president...

El Salvador, the first country in the world to adopt Bitcoin (CRYPTO: BTC) as legal cash, launched its own platform to make information on its treasury holdings accessible and transparent to the general public. What Happened: According to the National Bitcoin Office, an agency tasked by the El...

Bitcoin enthusiast and El Salvador President Nayib Bukele announced plans to repurchase some of the country’s dollar-denominated bonds. This strategic move aims to trim El Salvador’s external debt, further reducing fears of a potential default for the small Central American country....

Nayib Bukele, the President of El Salvador, announced a plan to offer 5,000 free passports to highly skilled professionals from around the world, promising a significant impact on the country’s future. What Happened: In a tweet on Friday, Bukele stated that El Salvador is offering 5,000 free...

El Salvador President Nayib Bukele has reaffirmed the nation’s commitment to its daily Bitcoin (CRYPTO: BTC) acquisition program. What Happened: On Friday, Bukele posted on X, “The 1 #Bitcoin a day program just deposited today’s #Bitcoin. This continues until #Bitcoin becomes...

The Central American country of El Salvador said it strengthened the security of its Bitcoin (CRYPTO: BTC) investments. What Happened: This week, the nation transferred $400 million in Bitcoin to a safer storage option known as a cold wallet.  President Nayib Bukele took to the social platform...