El Salvador

March 15, 2024

El Salvador’s Bitcoin wallet gets sats, cats and a cypherpunk manifesto

El Salvador’s President Nayib Bukele recently announced the country’s decision to store a significant portion of its Bitcoin holdings in a physically secured cold wallet, dubbed […]
March 12, 2024

El Salvador’s Bitcoin treasury is now $85M in profit amid BTC rally

Salvadoran President Nayib Bukele’s bold move to invest in Bitcoin is proving to be lucrative for the country, with substantial profits reported amidst a recent Bitcoin […]
February 05, 2024

El Salvador: Initial polls show Nayib Bukele to win reelection

The pro-Bitcoin Salvadoran President Nayib Bukele is widely expected to win a second term in office, with early voting data indicating his party will win 87% […]
January 17, 2024

12% of Salvadorans used Bitcoin for purchases in 2023: Survey

A recent survey by José Simeón Cañas Central American University in El Salvador has revealed notable trends and public sentiment regarding Bitcoin usage in the country. […]
December 21, 2023

El Salvador tops Bitcoin-interest charts as Brazil overtakes Nigeria

In Nigeria, stablecoins have become the favored cryptocurrency because they’re tied to a widely accepted asset, the U.S. dollar, providing a hedge against inflation and the […]
December 12, 2023

El Salvador’s Bitcoin bond gets regulatory approval, targets Q1 launch

The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1 2024.   El Salvador is poised to […]
December 08, 2023

El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others

The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000.   El Salvador […]
October 30, 2023

Bitcoin-friendly El Salvador can become ‘Singapore of the Americas’ — VanEck adviser

VanEck strategy adviser Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years..   El […]
June 07, 2023

El Salvador’s Bitcoin miner Volcano Energy launches with $250M investment

Volcano Energy said the funds would go toward developing a 241-megawatt power generation park.   A public-private partnership in El Salvador has received an initial $250 […]

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