El Salvador News

Fractured Latin America is turning its attention to cryptocurrencies. What is happening in these countries?

Bitcoin-friendly nation El Salvador is working on a crypto regulatory framework and has enlisted help from a digital asset titan affiliated with the largest stablecoin. 

El Salvador, the world’s first country to use Bitcoin as legal tender, has launched its own platform that provides public access to BTC investment data via a personalized mempool. According to the most recent mempool data, El Salvador presently possesses…

El Salvador’s state-controlled Bitcoin wallet is embroiled in a second data breach incident after hackers published another batch of sensitive information.

Bitfinex Securities is launching a tokenized debt offering to fund the construction of a new Hilton hotel

El Salvador has shifted a significant portion of its Bitcoin (BTC) assets into a secure cold wallet, as announced by President Nayib Bukele.  The Central American nation, under newly re-elected President Nayib Bukele’s guidance, revealed its considerable Bitcoin holdings, totaling…

El Salvador’s President Nayib Bukele recently shared insights on X about the nation’s Bitcoin investments, revealing a potential profit margin of over 40% from its holdings.  Bukele highlighted that despite previous criticisms during Bitcoin’s price lows the current market upswing…

Nayib Bukele, celebrated for his pro-bitcoin stance and aggressive crime-fighting policies, is poised to secure a second term as El Salvador’s president, with exit polls showing his “Nueva Ideas” party commanding an 87% lead in the recent elections. The remarkable…

Analysis of El Salvador and the Central African Republic’s experiences with Bitcoin adoption showed mixed outcomes. Which countries could be next? Blending crypto with the mainstream, El Salvador became the first country to adopt Bitcoin (BTC) as legal tender in…

Bitcoin will remain legal tender in El Salvador during president Nayib Bukele’s second term. As Reuters writes, citing vice president Felix Ulloa, Bukele has redoubled efforts to accept cryptocurrency as legal tender in El Salvador. This comment came after the…

Bitfinex Securities debuts as El Salvador's first licensed digital asset service provider, aligning with the country's pioneering Bitcoin-focused financial initiatives.

El Salvador has observed a significant uptick in the value of its Bitcoin holdings.

The El Salvadoran Congress has approved a law to speed up the citizenship acquisition for those who make donations in Bitcoin (BTC). El Salvador’s Congress, with backing from President Nayib Bukele’s New Ideas party, has passed a migration law that…

El Salvador’s Bitcoin “volcano bonds” are set to be launched in early 2024 following reported regulatory approval. The National Bitcoin Office (ONBTC) announced on Dec. 11 that the bonds had received approval from El Salvador’s Digital Assets Commission, with a…

Authorities in El Salvador have unveiled a new citizenship-by-investment program that will provide visas and passports for up to 1,000 people. The country’s authorities and Tether launched the corresponding program. One of the conditions is the desire to invest 1…

El Salvador’s president Nayib Bukele announces a complete recovery of the country’s Bitcoin investment, yielding a $3.62 million profit. After facing criticism over supposed losses, President Nayib Bukele took to X to announce that El Salvador’s Bitcoin (BTC) investment has…