El Salvador


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El Salvador Commerce Secretary: Bitcoin Won’t Replace Dollar

El Salvador seeks to be the first country to adopt bitcoin as legal tender. Responding to Salvadorans fearful of a full pivot to a bitcoin standard, El Salvador’s Secretary of Commerce and Investments, Miguel Kattán, announced bitcoin would not replace the U.S. dollar.

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Policy

El Salvador Adopts Bitcoin: Hype or History in the Making?

What does it mean for a country like El Salvador to adopt bitcoin as "legal tender"? It depends on whom you ask, says our columnist.

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Policy

El Salvador Commerce Secretary: Bitcoin Won't Replace Dollar

Miguel Kattán, a member of President Nayib Bukele’s cabinet, sought to reassure Salvadorans fearful of a full pivot to a bitcoin standard.

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Markets

Bitcoin’s 'Authoritarian Hipster'

El Salvador's Nayib Bukele has built a career by courting the vulnerable while attacking the establishment. Now he wants bitcoin as legal tender.

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Markets

Investors See Possible El Salvador Bitcoin Embrace as Too Little to Move Market

El Salvador's announcement was largely ignored by markets, possibly due to the country's small size, analysts say.

El Salvadoran President Nayib Bukele speaks via video during a presentation at the Bitcoin 2021 conference in Miami.

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Bitcoin Could Become Legal Tender in El Salvador

Avik Roy, the president of Foundation for Research on Equal Opportunity and Forbes Policy Editor, joins “All About Bitcoin” to explain why he thinks the U.S. cannot deny bitcoin as a currency once El Salvador establishes it as legal tender.

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A Flood of BTC Moving Off Exchanges Since El Salvador President Bukele’s Announcement

El Salvador President Nayib Bukele's goal to make bitcoin legal tender is lifting sentiment around bitcoin. Since his announcement, a flood of BTC has been moving off exchanges at the highest rate since last November. Is that a sign of a bullish trend? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Policy

Bitcoin as Legal Tender? Why El Salvador’s Plan Isn’t as Crazy as You Think

El Salvador decided decades ago it didn’t trust itself to manage its own currency. Lately, it may have reason not to trust Washington either.

El Salvador President Nayib Bukele with his wife, Gabriela Rodriguez.

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President of El Salvador Says He’s Submitting Bill to Make Bitcoin Legal Tender

Milestone in monetary history? El Salvador is looking to be the world’s first sovereign nation to adopt bitcoin as legal tender, says El Salvador President Nayib Bukele. “The Hash” team unpacks Bukele’s announcement, raising questions of whether or not bitcoin can be a valuable financial tool under authoritarian regimes.

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