El Salvador

(Jaime Mejia/iStock/Getty Images Plus, modified by CoinDesk)
Are El Salvador’s Bitcoin ‘Volcano Bonds’ an End Run Around the IMF?
The $1 billion bond will be tokenized and powered by Blockstream and Bitfinex.
(Jaime Mejia/iStock/Getty Images Plus, modified by CoinDesk)

El Salvador to Create ‘Bitcoin City,’ Use $500M of Planned $1B Bond Offering to Buy More Crypto
El Salvador to Create ‘Bitcoin City,’ Use $500M of Planned $1B Bond Offering to Buy More Crypto
El Salvador plans to build “Bitcoin City,” an entire city based on bitcoin located along the Gulf of Fonseca near a volcano. President Nayib Bukele also said he plans on issui...
El Salvador to Create ‘Bitcoin City,’ Use $500M of Planned $1B Bond Offering to Buy More Crypto

El Salvador President Nayib Bukele announces new "bitcoin bonds" at an event on Saturday. (Samson Mow via Twitter)
Junk-Rated El Salvador’s ‘Bitcoin Bonds’ Look Explosive (Think Volcano)
Anyone buying Salvador’s bitcoin-backed bond is betting on the cryptocurrency in a very big way, ignoring the country’s distressed-debt situation, one strategist said.
El Salvador President Nayib Bukele announces new "bitcoin bonds" at an event on Saturday. (Samson Mow via Twitter)

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Crypto News Roundup for Nov. 22, 2021
With bitcoin stabilizing after a pullback this weekend and a look at the controversy behind DeFi regulation, CoinDesk’s Markets Daily is back with the latest news roundup.
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President Bukele Announced That El Salvador Plans to Build 'Bitcoin City'
El Salvador to Create ‘Bitcoin City,’ Use $500M of Planned $1B Bond Offering to Buy More Crypto
The issuance of the tokenized bond, which was developed by Blockstream, will be processed by Bitfinex.
President Bukele Announced That El Salvador Plans to Build 'Bitcoin City'

Paxful CEO on El Salvador's Bitcoin Rollout
Paxful CEO on El Salvador’s Bitcoin Rollout
On the ground in El Salvador at the 2021 Latin American Bitcoin and Blockchain Conference, CoinDesk’s Elaine Ramirez talks to Ray Youssef, CEO of Paxful, a peer-to-peer crypto...
Paxful CEO on El Salvador's Bitcoin Rollout

Athena Bitcoin CEO on Bitcoin Adoption and ATM Installations in El Salvador
Athena Bitcoin CEO on Bitcoin Adoption and ATM Installations in El Salvador
El Salvador now has the world’s third-largest bitcoin ATM network. This comes as Athena Bitcoin has installed around 200 bitcoin ATMs in the country as part of a plan to insta...
Athena Bitcoin CEO on Bitcoin Adoption and ATM Installations in El Salvador

El Salvador's Bitcoin Adoption Is 'Trendsetting,' Says Voyager Digital CEO
Bitrefill Enables Salvadorans to Pay Many of Their Bills With Bitcoin
Salvadorans will be able to pay for 150 different services with bitcoin via on-chain or Lightning Network transactions.
El Salvador's Bitcoin Adoption Is 'Trendsetting,' Says Voyager Digital CEO

A Chivo ATM in San Salvador (Camilo Freedman/APHOTOGRAFIA/Getty Images)
Identity Thieves Exploit El Salvador’s Chivo Bitcoin Wallet’s Setup Process
Hundreds of Salvadorans say hackers opened Chivo Wallets with their ID numbers to claim the $30 bitcoin incentive dangled by Nayib Bukele’s government.
A Chivo ATM in San Salvador (Camilo Freedman/APHOTOGRAFIA/Getty Images)