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Nayib Bukele
El Salvador Pays Back $800M Maturing Bond, President Nayib Bukele Says
The country was the first in the world to use bitcoin as legal tender.
El Salvador Passes Law Paving the Way for 'Volcano Bond'
The digital asset bill in the Legislative Assembly obtained 62 votes in favor and 16 against.
El Salvador Proposes Digital Securities Bill, Paves Way for Bitcoin Bonds
El Salvador's bitcoin-backed "volcano bonds" are expected to raise $1 billion for the government.
El Salvador Buys Back $565M Worth of Bonds, Plans to Launch New Offering in 8 Weeks
The bond repurchase is seen as an attempt by El Salvador to dispel rumors of a potential default on its debt.
1 Year of Bitcoin in El Salvador: The Bad, the Good and the Ugly
Despite many real stumbles and skeptical mainstream coverage of Nayib Bukele’s bitcoin initiative, both tourism numbers and remittance usage are already showing meaningful payoffs.
El Salvador Introduces 2 Sovereign Debt Repurchase Bills in Effort to Allay Default Concerns
President Nayib Bukele announced that the Central American country seeks to buy back bonds maturing in 2023 and 2025 at market prices.
El Salvador Purchases 80 Additional Bitcoin at $19K, President Bukele Says
The last purchase by the Central American country had been in May.
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.
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?
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.