IMF Urges El Salvador To Ditch Bitcoin
The executive board of the International Monetary Fund issued a statement on Tuesday urging El Salvador to remove Bitcoin’s legal tender status in the country,...
Tag : Salvador
El Salvador Prepares Legislation for First Bitcoin Bond
El Salvador is planning to send roughly 20 bills to Congress to establish a foundation for issuing Bitcoin bonds, including a proposal to grant nationality...
El Salvador Strikes Motivate at IMF’s Put aside a question to to Tumble Bitcoin
The country's finance minister treated the IMF's demands as an affront to the nation's sovereignty. Key Takeaways El Salvador Finance Minister Alejandro Zelaya has responded...
El Salvador to Topic $1 Billion Bitcoin (BTC) Bonds to Invent the First ‘Bitcoin City’
The government of El Salvador has partnered with iFinex and Blockstream in an attempt to further its bitcoin (BTC) ambitions. El Salvador to Issue $1...
El Salvador Is Now Over 31% Down on Its Bitcoin Bet
Key Takeaways El Salvador's Bitcoin investment has been hit hard due to the recent market crash. The country's Bitcoin reserves have suffered a 31% paper...
El Salvador To Send 20 Payments To Congress Providing “Faithful Certainty” For Bitcoin Bond Issuance
In an interview on a local television station today, El Salvador Finance Minister Alejandro Zelaya announced that they will be sending about twenty bills to...
El Salvador Prepares Regulatory Framework To Relate Controversial Bitcoin Bonds
Will the plan work? Soon, the Bitcoin Bonds will get the legal foundation they need. In a recent TV interview Alejandro Zelaya, El Salvador’s Finance...
An Essay From El Salvador: A 2nd In Time For Bitcoin And A Nation
This is the third installment in Okcoin’s “I am Satoshi” series, profiles of Salvadorans during the transition to bitcoin as legal tender. Read the first...
El Salvador Will Use Bitcoin Earnings to Construct Unusual Faculties
President Nayib Bukele has confirmed that El Salvador will spend $2 million on building 20 new schools. Key Takeaways El Salvador will use profits from...
El Salvador Buys the Dip—Yet some other time
The country's 100 BTC purchase was worth more than $5.4 million. Shutterstock cover by Jiri Flogel. Key Takeaways El Salvadorean president Nayib Bukele revealed that...