Opposition party criticizes Bukele's Bitcoin stance, warning it could destabilize El Salvador's economy despite receiving IMF loans.
As the United States struggles to get even basic crypto legislation off the starting line, one small nation went all in on ...
El Salvador isn’t backing down from Bitcoin just yet. Despite agreeing to an International Monetary Fund (IMF) loan deal that ...
In 2021, El Salvador caught the world's attention by becoming the first country to make cryptocurrency legal tender, alongside the US dollar. Last December, as the price of bitcoin broke $100,000 ...
El Salvador announced on Wednesday the purchase of a bitcoin, which takes the total in the country's strategic reserve to ...
There was formidable energy at this year’s Plan B conference in El Salvador. The event, which took place on Jan. 30-31, was historic for many of its 2,500 attendants. It was the first Bitcoin ...
Despite government subsidies and mandates, Bitcoin usage in El Salvador fell sharply, with businesses and consumers preferring U.S. dollars. Koning says Bitcoin’s volatility prevents it from ...
Led by President Nayib Bukele, El Salvador apparently has no intention of stopping its accumulation of bitcoin (BTC) no matter what the IMF demands. "'This all stops in April.' 'This all stops in ...
This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin City, here. The sun was setting as I rolled into El Zonte, a small surfing ...
(MENAFN- Newsroom Panama) The vague language of El Salvador's $1.4 billion deal with the IMF may imply that it might stop buying bitcoin at some point, according to Samson Mow. El Salvador ...
El Salvador’s heralded adoption of Bitcoin as legal tender appears to be undergoing a significant downgrade as businesses are no longer obliged to accept the cryptocurrency. As part of a $1.4 billion ...