Nayib Bukele

Bitcoin and Ethereum spot ETFs experienced notable fund outflows on Aug. 29, signaling ongoing uncertainty in the cryptocurrency markets. What Happened: Bitcoin spot ETFs saw a total net outflow of $71.73 million, with the Grayscale Bitcoin Trust (OTC:GBTC) leading the withdrawals at $22.68 million...

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...

Silicon Valley investor Balaji Srinivasan concurred with El Salvador President Nayib Bukele's argument that not high taxes but money printing by the Federal Reserve finances the U.S. government. What happened: On Wednesday, Srinivasan took to X to respond to an earlier address by Bukele at 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...

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...

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...

El Salvador’s Bitcoin (CRYPTO: BTC)-supporting President Nayib Bukele reacted to the indictment of Sen. Bob Menendez (D-N.J.) on obstruction of justice charges. What Happened: Menendez and his wife, Nadine Menendez have been now charged. This development comes on top of the senator’s...