Nayib Bukele


Finance

Bukele’s MS-13 Double Bind

The Salvadoran President has had to operate in secret while negotiating with gangs. That has raised suspicions and lent aid to his critics.

SAN SALVADOR, EL SALVADOR - MAY 20:  MS-13 gang members languish in one of the three 'gang cages' in the Quezaltepeque police station May 20, 2013 in San Salvador, El Salvador. These overcrowded, 12x15 cages were designed to be 72-hour holding cells for common criminals and the two rival gangs, but many of the individuals have been imprisoned for over a year.  (Photo by Giles Clarke/Getty Images.)

Policy

Who Are the Main Opponents and Supporters of El Salvador’s Bitcoin Law?

President Nayib Bukele’s new law faces plenty of internal critics. Much of his support comes from outside the country.

SAN SALVADOR, EL SALVADOR - AUGUST 27: A veteran holds a sticker against Bitcoin during a protest against the bitcoin law by veterans of the Salvadoran civil war on August 27, 2021 in San Salvador, El Salvador. The new bitcoin law should come into force on September 7. (Photo by Roque Alvarenga/APHOTOGRAFIA/Getty Images)

Policy

As El Salvador Enacts Bitcoin Law, Locals Remain Confused About Implementation

“One thing is what the president says, and another is what the law establishes.”

Emerson Flores/APHOTOGRAFIA/Getty Images

Policy

Bitcoin Now Legal Tender in El Salvador, Marking World First

In a show of support, crypto proponents are buying $30 worth of bitcoin to commemorate the occasion known colloquially as “Bitcoin Day.”

Nayib Bukele asiste a la Asamblea Legislativa  por su segundo aniversario en el poder (Foto de Emerson Flores/APHOTOGRAFIA/Getty Images)

Videos

Bitcoin Now Legal Tender in El Salvador, Marking World First

Bitcoin's price fell 11.3% Tuesday as the cryptocurrency officially became legal tender in El Salvador, three months after the Bitcoin Law passed the country’s legislature. President Nayib Bukele tweeted he was “buying the dip” with “150 new coins added." The team of "The Hash" discusses El Salvador leading the world into bitcoin and the implications for the crypto community, global economy and beyond.

Recent Videos

Finance

El Salvador’s Bitcoin Law Is About Self-Determination

Today, bitcoin became legal tender in the Central American nation.

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

Videos

El Salvador Approves $150M Bitcoin Trust Amid Anti-Bitcoin Protests

In El Salvador, hundreds of protesters have raised their voices against President Nayib Bukele's Bitcoin Law, making bitcoin legal tender in the country beginning September 7. Meanwhile, the Finance Commission of the Legislative Assembly of El Salvador agreed to create a $150 million bitcoin trust to facilitate exchange between BTC and U.S. dollars. "The Hash" panel discusses the possible bumps on El Salvador's road to bitcoin adoption.

Recent Videos

Videos

President Bukele Confirms El Salvador Will Not Require Bitcoin Acceptance

El Salvador President Nayib Bukele confirmed the use of bitcoin as legal tender would not be mandatory. In contrast to the original Bitcoin Law, the government will not force any of the nation’s residents to receive it as a form of payment.

CoinDesk placeholder image

Pageof 11