El Salvador


Analyses

4 Reasons Why Bitcoiners Should Pass on El Salvador's Bitcoin Bond

El Salvador’s much-hyped "volcano" bond doesn’t hold up to scrutiny.

SAN SALVADOR, EL SALVADOR - DECEMBER 12: View of a sign depicting President of El Salvador Nayib Bukele as a clown during a protest against the government of Nayib Bukele on December 12, 2021 in San Salvador, El Salvador. Various civil society organizations and Social or Citizen Movements are protesting against the undemocratic measures of the Government of President Nayib Bukele, who on his social networks calls himself a "dictator" or "emperor. (Photo by Emerson Flores/APHOTOGRAFIA/Getty Images)

Finance

El Salvador’s Bukele Shoots Down FUD on Bitcoin Bond, Takes Issue With US Lawmakers

A Reuters report said Bitfinex had been booted from managing the bond sale, and a bill targeting El Salvador’s bitcoin adoption advanced in the Senate.

Nayib Bukele, President of El Salvador (Michael Nagle/Bloomberg/Getty Images)

Juridique

US Senate to Consider Bill Examining El Salvador's Bitcoin Experiment

The bill, which was passed out of committee on Wednesday, generated the displeasure of El Salvador's president, Nayib Bukele.

U.S. Capitol Building (Ian Hutchinson/Unsplash)

Vidéos

Why El Salvador Postponed Its Bitcoin Bond

El Salvador’s finance minister announced that the country is postponing its $1 billion bitcoin bond offering, which reportedly aims to help fund the “Bitcoin City” project. “The Hash” team discusses El Salvador’s ongoing bitcoin experiment and the international criticism the Central American nation has received from entities like the International Monetary Fund (IMF). 

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Finance

El Salvador Postpones Bitcoin Bond: Report

The country's finance minister said the offering may come as late as September, according to Reuters.

El Salvador flag (Getty Images)

Finance

El Salvador’s Bitcoin Bond Issuance Apparently Delayed

The country’s finance minister had previously suggested the bond sale could be launched as soon as this week.

Volcano in El Salvador (Galen Rowell/Getty images)

Analyses

Why Is the IMF So Afraid of Cryptocurrency?

The IMF is not a neutral aid organization, but the economic arm of a vast power structure. Crypto threatens that power.

A demonstrator during a protest against Argentina's International Monetary Fund (IMF) agreement outside the National Congress building in Buenos Aires on Thursday, March 17, 2022. The protestor's t-shirt features the slogan "Las Estafas No Se Pagan," or "Scams are not meant to be paid."


Argentina's inflation accelerated in February at its fastest pace in nearly a year, surpassing forecasts and challenging the governments targets for this year in its preliminary agreement with the International Monetary Fund. (Marcos Brindicci/Bloomberg via Getty Images)

Vidéos

Bank of America: No Crypto Winter Given User Adoption, Developer Activity

Recent analysis from Bank of America indicated that amid increasing concerns of inflation and growing user adoption in the cryptocurrency space, a “crypto winter” is not likely to take place. “The Hash” discusses this thesis, looking at institutional adoption, the magnification of the NFT marketplace, and the use cases for crypto as seen in El Salvador, Canada, and now Ukraine. 

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