El Salvador


Videos

Binance Receives License to Offer Bitcoin Services in El Salvador

The Central Bank of El Salvador granted two licenses to crypto exchange Binance to offer bitcoin and digital assets services in the country. "The Hash" panel discusses what this means for Binance as the exchange has been facing regulatory scrutiny in the U.S. Plus, "The Hash" team shares insights into the significance of crypto adoption in the country.

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Finance

Binance Receives License to Offer Bitcoin, Digital Asset Services in El Salvador

The crypto exchange said it now holds licenses to operate in 18 countries.

El Salvador (Esaú González, Unsplash)

Opinion

2 Months in El Salvador: The Ground Game for Bitcoin Adoption

A graduate student on leave from the Wharton School checks in on the first country to adopt bitcoin as legal tender. Are locals buying it?

A bitcoin ATM in El Salvador, 2023.

Videos

El Salvador's Bonds Skyrocket Amid Bitcoin's 2023 Rally

Since Fitch downgraded El Salvador’s debt rating in September 2022 with a prediction of a debt default in January 2023, the country’s junk-rated bonds have skyrocketed, mirroring bitcoin’s meteoric rise throughout 2023. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Markets

El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally

El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing.

El Salvador President Nayib Bukele (Handout/ Getty Images)

Videos

El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine

Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador, according to a Monday press release on Twitter. "The Hash" panel discusses stablecoin issuer Tether's investment in the project and the state of bitcoin mining around the world.

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Finance

El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine

Stablecoin issuer Tether is among the investors in the new bitcoin mining site powered by solar and wind energy in El Salvador.

Pequeña bandera ondeando en la parte superior del ayuntamiento en la ciudad de Santa Ana, El Salvador. (Getty Images)

Finance

Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office

The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week.

Strike CEO Jack Mallers announcing Strike’s El Salvador headquarters at Bitcoin 2023. (Frederick Munawa)

Tech

Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees

The firm says El Salvador will serve as its base for operations in Latin America.

El Salvador (Esaú González, Unsplash)

Videos

Bitcoin in El Salvador Is 'No Longer an Experiment': Asobitcoin President

Bitcoin transaction fees are, on average $20 per transaction and it surged to as high as $30 on Wednesday morning on the rising popularity of BRC-20 tokens. Asobitcoin President Will Hernandez dissects how this is impacting Salvadoran's use of the cryptocurrency on the ground in El Salvador.

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