Nayib Bukele

El Salvador’s President Nayib Bukele on Wednesday took a jab at Bitcoin (CRYPTO: BTC) vocal opponent Peter Schiff.  What Happened: Bukele said El Salvador would not sell its Bitcoin holdings despite being up over 40% from its purchases.  He took to X, “When [Bitcoin's] market...

El Salvador's president Nayib Bukele clapped back at critics, saying El Salvador would not sell its Bitcoin (CRYPTO: BTC) holdings despite being up over 40% from its purchases.  What Happened: Bukele said as much in a post on X (formerly Twitter), citing a...

El Salvador President Nayib Bukele, a well-known backer of Bitcoin (CRYPTO: BTC) has raised questions about the sustainability of the U.S. government’s capacity to print endless amounts of money. What Happened: On Monday, Bukele took to X, formerly Twitter, to raise concerns about the U.S....

Unlocking necessary funding to grow its economy might cost El Salvador and President Nayib Bukele the abandonment of Bitcoin (CRYPTO: BTC). According to Bank of America economist Alex Muller, El Salvador is in pursuit of a deal with the International Monetary Fund (IMF), which can provide the...

The country of El Salvador has been among the most pro-cryptocurrency countries thanks to legally adopting Bitcoin (CRYPTO: BTC) as legal tender back in 2021. With pro-Bitcoin President Nayib Bukele winning re-election, the crypto and country could be back in the spotlight. What Happened: El...

El Salvador’s President Nayib Bukele has declared victory in the country’s presidential election, despite the results not being officially confirmed. This would mark his second term in office, a move that has been met with criticism. What Happened: President Bukele, known for his tough...

A group of Democratic lawmakers has called upon the Biden administration to address the “authoritarian” actions of the El Salvador president, Nayib Bukele. What Happened: The lawmakers, led by Rep. Ilhan Omar (D-Minn.), have expressed their concerns about the “democratic...

Jan. 3, 2009 is one of the most important dates in the world. On this day, 15 years ago, Satoshi Nakamoto mined the genesis block of Bitcoin (CRYPTO: BTC), forever changing the world of cryptocurrency. To celebrate the 15th birthday of Bitcoin, here are 15 fun facts about the cryptocurrency. 1....

El Salvador’s Congress has passed a new migration law that allows expedited citizenship to foreigners who donate Bitcoin (CRYPTO: BTC)  to the country’s social and economic development projects, according to a Reuters report.  What Happened: The bill was labeled a “vital...

El Salvador’s National Bitcoin Office (ONBTC) expects its $1 million ‘Freedom Visa’ initiative to reach full subscription by the close of 2023, as reported by Cointelegraph. What Happened: Launched on Dec. 7, this initiative is a collaboration between the Salvadoran government and...

El Salvador's much-anticipated Bitcoin (CRYPTO: BTC) bond, dubbed the "Volcano Bond," has received regulatory approval, paving the way for its launch in the first quarter of 2024. This move marks a new chapter in the country's embrace of Bitcoin and its integration into the...

In a groundbreaking initiative, the government of El Salvador unveiled the "Adopting El Salvador Freedom Visa Program," a unique visa scheme aimed at attracting high-net-worth individuals and investors. This program, limited to 1,000 participants annually, offers a path to...

El Salvador's former President Nayib Bukele on Monday announced that the country's Bitcoin (CRYPTO: BTC) investment has turned profitable and that the country is currently sitting on an unrealized gain of $3.6 million from its Bitcoin investments. A Turnaround In Investment...

Alphabet Inc's Google (NASDAQ:GOOGL) on Wednesday said it will expand its Cloud operations into the Central American country El Salvador, which stands as the only nation to fully legalize Bitcoin (CRYPTO: BTC) as legal tender. What Happened: The multinational tech behemoth revealed that it has...

El Salvador president Nayib Bukele's embracing of Bitcoin (CRYPTO: BTC) was initially met with skepticism on Wall Street. However, the subsequent bond rally, boasting 70% returns, is now drawing investors who had previously been wary or had avoided the country's securities. These returns...