El Salvador President Nayib Bukele is confidently moving ahead with integrating Bitcoin into the economy. Known for his blunt response to his critics, Nayib Bukele has lashed out at the U.S. Senators ...
Tag: Salvador
El Salvador postpones launch of Volcano bonds
The launch of “volcano bonds”, i.e. government bonds in Bitcoin, in El Salvador seems to have been postponed. The debut was expected between 15 and 20 March, but did not take place. New speculation is...
El Salvador Says Bitcoin Bond Issuance Certain But Exact Date Still Unclear – crypto.news
El Salvador authorities have made it clear that the proposed $1 billion bitcoin (BTC) bond issuance will certainly move ahead, however, the current bleak economic situations in the world, partly due t...
El Salvador Will Sell Debt to Build Its Bitcoin City
As a means of avoiding assistance from the International Monetary Fund (IMF), the Central American nation of El Salvador is looking to sell debt that’s fully backed by bitcoin. The IMF has already ask...
El Salvador Postpones Launch of Its $1 Billion Bitcoin Bond
El Salvador’s $1 billion Bitcoin bond shall be backed by the country’s volcanos that generate large geothermal energy. El Salvador has put some breaks to the much-awaited launch of its $1 billion Bitc...
Crypto markets muted as El Salvador delays Bitcoin-backed bonds | Trading Ideas| OKX Academy
BTC and ETH are slightly down after consecutive green days. The total cryptocurrency market is down half a percent over the last 24 hours. Meanwhile, BTC and ETH are down around 2%. Of the limited maj...
El Salvador Delays the Issuance of Bitcoin Bonds
El Salvador will delay the issuance of bitcoin bonds initially scheduled for March 15-20, possibly until September, according to Reuters. Due to the recent war between Russia and Ukraine, the cryptocu...
El Salvador Postpones Issuance Of Bitcoin-Backed Bond Citing Current Market Conditions ⋆ ZyCrypto
Advertisement     El Salvador delays the launch of its Bitcoin bond possibly till September. The minister expressed hope that El Salvador would still launch the bond i...
El Salvador postpones Bitcoin bonds to September: Report
The government of El Salvador has reportedly decided to postpone the issue of a Bitcoin (BTC)-backed bond due to the unfavorable market conditions fueled by the geopolitical crisis. El Salvador’s “Vol...
El Salvador Postpones Issuance of Bitcoin Bonds While President Maintains They Will Undermine US$ Supremacy
Tobias Lewis El Salvador delays issuing Bitcoin-backed bonds, but the president maintains they will help undermine the US$ Nayib Bukele, the pro-crypto president of El Salvador, has tweeted that his B...
Wholeheartedly Agreeing With The Telegraph’s Latest Attack On BTC In El Salvador
The Telegraph’s latest hatchet job on El Salvador’s bitcoin strategy is right on the money. In a hilarious twist of events, mainstream media’s latest attack on the volcano bonds makes the case for bit...
El Salvador Postpones the Issuance of Bitcoin Bonds Citing Unfavorable Market Conditions
Last week, El Salvador was scheduled to issue its $1 billion Bitcoin volcano bonds, however, things don’t seem to have materialized as per the timeline. As reported by Reuters, El Salvador Finance Min...
El Salvador Postpones Bitcoin Bond Due to Unfavorable Crypto Market
In brief The Bitcoin-backed bonds were supposed to launch last week. They may not come until September, depending on market forces. El Salvador’s finance minister, Alejandro Zelaya, announced to...
Honduras signals intent to follow neighboring El Salvador in making Bitcoin legal tender
Honduras may be the next country to adopt Bitcoin as legal tender – a move that would rock the legacy establishment. Bitcoin-bull Max Keiser initially floated rumors of this happening in a tweet poste...
El Salvador seems to delay its ‘volcano bonds’ launch
Considering the absence of any official announcements, El Salvador’s government seems to have delayed the launch date of the so-called “volcano bonds.” Earlier, Salvadoran Finance Minister Alejandro Z...
Is Malaysia The Next El Salvador? Communications Ministry Proposes Adoption Of Bitcoin As Legal Tender ⋆ ZyCrypto
Advertisement     Malaysia’s Ministry of Communications and Multimedia is supporting the adoption of cryptocurrencies such as bitcoin as legal tender within the jurisd...
Dispiriting saga of BTC and Bukele as El Salvador struggles with crypto adoption
The first country to officially adopt Bitcoin as a legal tender, El Salvador, is seeing its crypto dreams shatter in pieces. A recent survey by the Chamber of Commerce and Industry of El Salvador foun...
Lugano and El Salvador Lead Bitcoin Adoption, Others to Follow?
Earlier this month, Swiss city Lugano accepted Bitcoin as legal tender in the region. The authorities also encouraged local businesses to accept crypto payments in everyday transactions. While Lugano’...
El Salvador: Most of its Businesses Don’t use Crypto
Organizations say Bitcoin no affects deals Finance Minister Zelaya says crypto bond just around the corner More than 90% of the 337 companies said Bitcoin adoption in the country had little to no impa...
Bitcoin Adoption in El Salvador is far Below Expectations, Says Report
When El Salvador made Bitcoin a legal tender within its jurisdiction last year, many analysts in the crypto industry predicted that the move was going to massively drive the adoption of the digital as...
El Salvador prepares to launch Bitcoin “volcano bond” as they face mounting debt
Six months after El Salvador became the first nation to make bitcoin legal currency, El Salvador’s president Nayib Bukele is preparing to launch a controversial Bitcoin “volcano bond”, as early as thi...
Attempts to make Soon-to-be-released Bitcoin bonds in EL Salvador a success
The upcoming introduction of bitcoin bonds in El Salvador is mainly reliant on retail investors, but institutional distrust threatens the project’s success. According to a top bank official, 0.0...
El Salvador Set to Rollout New Bitcoin Bonds Amid Widespread Criticism: Report
El Salvador is reportedly primed to roll out Bitcoin (BTC)-backed bonds in the coming days, according to Alejandro Zelaya, the country’s minister of finance. Zelaya told a local news outlet that they ...
Bitcoin City of El Salvador $1 Billion Bond Sale to Start by 20 March
El Salvador $1 billion Bitcoin bond may be issued between 14 – 20 March. The 10-year bond will offer +6.5% per annum for 10 years (approximately +$1.65 billion). $500 million will be used to buy...
El Salvador Bitcoin Bonds Set to Roll Out Amid Mixed Sentiment
The launch of bitcoin bonds in El Salvador is relying heavily on retail investors for its imminent launch, but institutional skepticism threatens the success of the project. One entrepreneur Jose Pais...
El Salvador could launch its bitcoin bond next week, but some key details remain unclear
Quick Take An El Salvador official says the country is still considering a timeline between March 15 and March 20 to launch its bitcoin bond, although the war in Ukraine is a factor that could affect ...
El Salvador to delay the launch of a Bitcoin-backed bond
El Salvador has announced plans to release a Bitcoin-backed bond. The Salvadoran government has stated that the issuance of the bond will be suspended due to the Russia-Ukraine crisis. El Salvador’s p...
El Salvador Pegs Bitcoin Sovereign Bond Launch Between March 15-20
El Salvador’s finance minister, Alejandro Zelaya, stated on Friday that the Central American country is looking for the ideal time to introduce a bitcoin-backed bond, which might happen between March ...
El Salvador Could Delay Bitcoin Bond Amid Russia-Ukraine War Concerns
Key Takeaways El Salvador’s Minister of Finance has said that the country’s Bitcoin bond was nearly ready, but that the war in Ukraine has affected its timeline. $1 billion in Bitcoin bond...
Bitcoin funded pets hospital Chivo is thriving in El Salvador
Bitcoin infused pets hospital named Chivo is present in El Salvador Social and welfare infrastructure is driving change in the country Each service costs $0.25 which is a flat rate in the hospital C...
$1 billion Bitcoin bet placed by El Salvador president
Bitcoin net worth $1 billion placed by El Salvador’s president in El Zonte Bitcoin is a legal tender in El Salvador since 7th September 2021 The village of El Zonte forms the base of the BTC advent i...
El Salvador will host the 2022 Blockchain festival sponsored by the Spartan Hill company
TL;DR Breakdown • The 2022 Blockchain festival will be in April.• El Salvador will receive the main Blockchain networks exponents, developments in DeFi, and NFTs. The year 2022 seems to be the right t...