El Salvador


Finance

El Salvador Purchases 80 Additional Bitcoin at $19K, President Bukele Says

The last purchase by the Central American country had been in May.

Nayib Bukele, president of El Salvador (Ulises Rodriguez/APHOTOGRAFIA/Getty Images).

Markets

Con la caída del mercado, El Salvador registra pérdidas por $52 millones en tenencias de bitcoin

El país ha invertido $104 millones en bitcoin desde que esa criptomoneda se convirtió en moneda de curso legal, en septiembre.

El Salvador President Nayib Bukele has reportedly targeted journalists with spyware. (Michael Nagle/Bloomberg via Getty Images)

Videos

El Salvador Loses Half of BTC Investment as Market Plummets, Official Defends Country’s Bitcoin Strategy

El Salvador’s Finance Minister Alejandro Zelaya stated that bitcoin’s recent price plummet will only have an “extremely minimal” impact on the country’s economy. “The Hash” group discusses El Salvador’s financial relationships with institutions like the International Monetary Fund (IMF) and criticism the Latin American country may face for its pro-bitcoin policy.

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Markets

With Market Crash, El Salvador Is Down $52M on Its Bitcoin Bet

The country has made $104 million in investments in the cryptocurrency since it made bitcoin legal tender last September.

El Salvador President Nayib Bukele has reportedly targeted journalists with spyware. (Michael Nagle/Bloomberg via Getty Images)

Videos

How El Salvador’s Adoption Changes the Narrative of Bitcoin

Host of The O Show Wendy O discusses with "The Hash" panel the change of bitcoin's narrations throughout the years and how El Salvador's adoption introduces a new one.

Recent Videos

Videos

Will El Salvador Default on its Sovereign Debt in 2023?

El Salvador has an $800M sovereign bond due in January 2023 while the issuance of a $1 billion bitcoin bond is delayed. Frank Muci, LSE School of Public Policy fellow, discusses the key takeaways of his recent op-ed on El Salvador’s massive debt and the potential ramifications if it were to default.

Recent Videos

Markets

Will El Salvador Default on Its Sovereign Debt in 2023?

While the issuance of a $1 billion bitcoin bond is delayed, President Nayib Bukele must face payments of $800 million next January. Will he make it?

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Videos

Bitcoin Mining Difficulty Likely to Drop Next Week

“All About Bitcoin’s” Friday panel looks at what’s ahead: bitcoin mining difficulty is expected to drop next week, the World Economic Forum kicks off its annual meeting Sunday with crypto on the agenda, and what to expect from El Salvador as President Nayib Bukele hosted 44 countries to discuss bitcoin.

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Policy

El presidente de El Salvador promueve la adopción de bitcoin entre países emergentes

Nayib Bukele recibe a representantes financieros de 44 economías en desarrollo en la reunión anual de la Alianza para la Inclusión Financiera.

Nayib Bukele asiste a la Asamblea Legislativa  por su segundo aniversario en el poder (Foto de Emerson Flores/APHOTOGRAFIA/Getty Images)