President Nayib Bukele credits Bitcoin for rebranding El Salvador’s legacy in new Tucker Carlson interview

Ad El Salvador’s adoption of bitcoin as a legal tender has not only fixed the country’s legacy but has also had a significant positive impact on its tourism sector. According to President Nayib Bukele...

El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF

The global monetary watchdog has advised El Salvador to exercise caution in expanding government exposure to Bitcoin (BTC) due to the “speculative nature” of crypto markets. A Feb. 10 statement from t...

El Salvador’s Bitcoin Plan Is Working…

Join Our Telegram channel to stay up to date on breaking news coverage El Salvador, the first country to recognize Bitcoin as a legal currency globally, has received warnings from the International Mo...

IMF issues warning on El Salvador’s Bitcoin experiment amid calls for greater transparency

Ad El Salvador’s embrace of Bitcoin has yet to realize any initially predicted risks. However, greater transparency and attention are still needed, that is, according to a statement by the Internation...

Risks over El Salvador’s embrace of Bitcoin ‘have not materialized’

The International Monetary Fund (IMF) has continued questioning the viability of El Salvador’s adoption of Bitcoin (BTC) as a legal tender.  According to the IMF, the risks associated with El Salvador...

IMF: El Salvador’s Bitcoin Adoption Risks Are Yet To Materialize

IMF believes El Salvador’s bitcoin risks need attention. El Salvador has invested $103M in BTC with over $51 million in losses. Last year, the country sought $500 from legislators million to buy Bitco...

El Salvador’s bitcoin risks ‘have not materialized,’ IMF says

The International Monetary Fund said the risks of El Salvador’s bitcoin adoption “have not materialized” — primarily thanks to its “limited” use — but caution is warrante...

El Salvador’s Bitcoin City Wins an International Design Award (Report)

The LOOP Design Awards reportedly recognized the Bitcoin City of El Salvador’s government as one of the most outstanding projects in interior design and architecture.  When completed, the metropolis w...

El Salvador’s $1 Billion Bitcoin Bonds Gets Enough Demand

The Latin American country El Salvador is closer to realizing its dream of creating the Bitcoin City. As per reports, crypto exchange Bitfinex will issue the country’s long-awaited “volcano” tokens th...

El Salvador’s bitcoin city wins global recognition

El Salvador has won a global award for its ambitious and eco-friendly Bitcoin City, which will be constructed at the base of a volcano. The Bitcoin City project of the El Salvador government has repor...

El Salvador’s volcanic Bitcoin City wins international architectural design award

Nearly two and a half years after becoming the first country to adopt Bitcoin (BTC) as legal tender, El Salvador has won an international award for its ambitious and environmentally friendly Bitcoin C...

El Salvador’s Cryptocurrency Exposure Still ‘Minimal’

Join Our Telegram channel to stay up to date on breaking news coverage The Chair of the Central American Bank for Economic Integration (CABEI), Dante Mossi, believes that the exposure of El Salvador t...

El Salvador’s Exposure to Bitcoin Is Still “Minimal”, Asserts Regional Banker ⋆ ZyCrypto

Advertisement &nbsp &nbsp Dante Mossi, the Chairman of the Central American Bank for Economic Integration (CABEI), has claimed that El Salvador’s exposure to cryptocurrencies ...

El Salvador’s Exposure to Cryptocurrency is Minimal; Says Mossi

Dante Mossi declared that El Salvador’s exposure to cryptocurrencies, including Bitcoin, is minimal. CABEI has provided El Salvador with almost all the funds to repay the debts of the country. The ban...

El Salvador’s contentious bitcoin-backed Volcano Bonds

Last week, El Salvador moved one step closer to issuing its contentious bitcoin-backed ‘Volcano Bonds.’ The country’s Legislative Assembly passed a legal framework for issuing blockchain-based digital...

El Salvador’s Alejandra Guajardo Walks Miss Universe Stage in Glowing Bitcoin Suit

The Miss Universe 2023 contest had various show-stopper moments during its National Costume Competition today.  But for the cryptocurrency sector, it came when El Salvador’s Alejandra Guajardo sashaye...

El Salvador’s Bitcoin-Backed Bonds Inch Closer After Greenlighting Digital Asset Bill

El Salvador faced a tough year after making Bitcoin legal tender in the country. But the country’s Legislative Assembly voted to pass a historic – Digital Asset Issuance legislation – that is expected...

El Salvador’s Crypto Law Allows Bitcoin-Backed Bonds

El Salvador has recently passed historic legislation that will provide the legal basis for a Bitcoin-backed bond to be issued in the country. This bond, also known as the “Volcano Bond,” w...

El Salvador’s Bitcoin strategy evolved with the bear market in 2022

Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This landmark decision has attra...

Is Nigeria stepping into El Salvador’s shoes? This update can clear the air

Nigeria may legalize the usage of Bitcoin soon More people from the country were switching to cryptocurrencies as their economy faltered As per an 18 December article by a Nigerian newspaper, the coun...

Botched Bitcoin Experiment Using Chivo Wallet Cost El Salvador’s Taxpayers Over $20 Million

Advertisement &nbsp &nbsp After causing great excitement upon its launch last year, El Salvador’s Bitcoin experiment has come under fire, particularly with the Chivo wallet, w...

The Effect Of the Bitcoin Crash On El Salvador’s Economy?

The bitcoin crash has negatively affected the first country to adopt bitcoin, El Salvador, as a legal tender. The President of El Salvador, Nayib Bukele, has been an advocate of bitcoin adoption as a ...

El Salvador’s First National Bitcoin Office Opens

Tomiwabold Olajide Entity established by Decree No. 49 signed by El Salvadoran President Nayib Bukele El Salvador has created its new National Bitcoin Office (ONBTC), which will oversee all initiative...

Vitalik Buterin: Bitcoin Fans ‘Ignored’ El Salvador’s Undemocratic Government

Ethereum creator Vitalik Buterin has again criticized the Bitcoin community’s enthusiasm for El Salvador and its president Nayib Bukele, saying that many Bitcoin advocates have ignored the fact ...

Tron’s Justin Sun And El Salvador’s President To Purchase 1 BTC Daily

El Salvador President Nayik Bukele and Justin Sun announced to buy one BTC daily. Despite the BTC decline, both Bukele and Justin Sun made bets on BTC. Justin Sun founded Tron’s coin TRX at  a market ...

El Salvador’s President Announces Country Will Buy One Bitcoin Every Day, Calls FTX the ‘Opposite’ of BTC

El Salvador President Nayib Bukele is still buying Bitcoin (BTC) despite ta crypto winter that’s seen the king crypto plunge by over 75% from all-time highs. On Twitter, Bukele recently made the annou...

Is El Salvador’s President’s Decision to Buy One Bitcoin per Day a Good Idea?

Contents El Salvador’s history with Bitcoin But is this a good decision? Without a doubt, one of the biggest lovers of Bitcoin (BTC) is Nayib Bukele, president of El Salvador. The politician got...

El Salvador’s President Vows to Buy One Bitcoin Everyday

Despite reports that El Salvador’s Bitcoin revolution is failing badly, President Nayib Bukele has continued to maintain his bullish stance on the leading cryptocurrency. In a Thursday tweet, the bitc...

El Salvador’s Nayib Bukele buy 1 BTC daily

Both the President of El Salvador, Nayib Bukele, and Justin Sun, the creator of Tron and the Ambassador of Grenada, are amassing one Bitcoin (BTC) daily. According to a tweet posted by Bukele, “...

‘We’ll prove them all wrong.’ Michael Saylor, Crypto.com CEO Kris Marszalek, and El Salvador’s president defend crypto in the wake of FTX’s crash

It’s been called crypto’s Lehman Brothers moment, but the FTX crash has done little to dent the optimism of the industry’s remaining big players. FTX—among the world’s largest cryptocurrency exchanges...

Binance CEO ‘CZ’ Confirms El Salvador’s Bitcoins Not on FTX

Bitcoin News With a $9 billion shortfall to fill, FTX is fighting for survival. El Salvador last year approved Bitcoin legal money in the Central American nation. According to Binance CEO Changpeng Zh...

China is targeting El Salvador’s foreign debt

El Salvador’s Vice President Felix Ulloa said that China has offered to buy the country’s heavily distressed external debt. El Salvador: Felix Ulloa reveals China’s offer to buy foreign debt Felix Ull...