Nayib Bukele


Policy

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.

A vocano erupting (Alain Bonnardeaux/Unsplash)

Policy

El Salvador propone un proyecto de ley para activos digitales y allana el camino para los bonos bitcoin

Se espera que los “bonos volcán” de El Salvador, respaldados por bitcoin, recauden US$1000 millones para el gobierno.

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

Policy

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.

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

Markets

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.

El lanzamiento de los bonos bitcoin de El Salvador continúa demorado. (Esaú González, Unsplash)

Layer 2

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.

A demonstrator holds an effigy of President Nayib Bukele next to a sign against the approved Bitcoin Law during a protest against the government on Oct. 17, 2021, in San Salvador, El Salvador. (Emerson Flores/APHOTOGRAFIA/Getty Images)

Markets

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.

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

Finance

El Salvador compra 80 bitcoins adicionales a $19K cada uno, según el presidente Bukele

La última compra del país centroamericano había sido en mayo.

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

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

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)

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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