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El Salvador

El Salvador Becomes First Country to Officially Adopt Bitcoin as Legal Tender
Video
China
El Salvador Becomes First Country to Officially Adopt Bitcoin as Legal Tender
CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De explains the significance and potential ripple effect of El Salvador officially adopting bitcoin as legal te...
El Salvador Becomes First Country to Officially Adopt Bitcoin as Legal Tender
By CoinDesk Staff
Jun 9, 2021 at 3:08 p.m. UTC
Jun 9, 2021
ChinaNikhilesh DecdtvFM ClipEl SalvadorUS Senate
Bitcoin chart
Markets
Inflation
Bitcoin Jumps Most in 2 Weeks to $36K After El Salvador Passes Currency Law
The cryptocurrency is up from a low price of about $31,000.
Bitcoin chart
By Omkar Godbole
Jun 9, 2021 at 10:06 a.m. UTC
Jun 9, 2021
InflationChinaBitcoinBitcoin PriceEl Salvador
El Salvador President Nayib Bukele
Markets
Policy
It's Official: El Salvador's Legislature Votes to Adopt Bitcoin as Legal Tender
A supermajority of the El Salvadoran legislature voted to adopt bitcoin as legal tender early Wednesday morning.
El Salvador President Nayib Bukele
By Nikhilesh De
Jun 9, 2021 at 6:13 a.m. UTC
Jun 9, 2021
PolicyCryptocurrencyBitcoinPaymentEl SalvadorLegal Tender
El Salvador President Nayib Bukele with his wife, Gabriela Rodriguez.
Policy
Policy
El Salvador Legislature Indicates Favor Toward President's Bitcoin Bill
The government would also create a trust that would enable the “instantaneous convertibility of bitcoin to dollars,” the bill said.
El Salvador President Nayib Bukele with his wife, Gabriela Rodriguez.
By Nikhilesh DeMarc Hochstein
Jun 9, 2021 at 2:11 a.m. UTC
Jun 9, 2021
PolicyCryptocurrencyEl SalvadorNayib Bukele
nayib bukele
Policy
Bitcoin
El Salvador Residents Are Split on Bitcoin Adoption Bill
Some Salvadoran residents are excited by the thought of bitcoin being treated as legal tender, while others are concerned it may just be a tool for corrupt officials.
nayib bukele
By Sandali Handagama
Jun 8, 2021 at 9:50 p.m. UTC
Jun 8, 2021
BitcoinRegulationCorruptionAdoptionEl Salvador
El Salvador Commerce Secretary: Bitcoin Won’t Replace Dollar
Video
Bitcoin
El Salvador Commerce Secretary: Bitcoin Won’t Replace Dollar
El Salvador seeks to be the first country to adopt bitcoin as legal tender. Responding to Salvadorans fearful of a full pivot to a bitcoin standard, El Salvador’s Secretary of...
El Salvador Commerce Secretary: Bitcoin Won’t Replace Dollar
By CoinDesk Staff
Jun 8, 2021 at 6:39 p.m. UTC
Jun 8, 2021
BitcoincdtvUS DollarHash clipEl SalvadorMiguel Kattan
nayib bukele
Policy
Opinion
El Salvador Adopts Bitcoin: Hype or History in the Making?
What does it mean for a country like El Salvador to adopt bitcoin as "legal tender"? It depends on whom you ask, says our columnist.
nayib bukele
By JP Koning
Jun 8, 2021 at 2:45 p.m. UTC
Jun 8, 2021
OpinionEl SalvadorNayib Bukele
CoinDesk - Unknown
Policy
Bitcoin
El Salvador Commerce Secretary: Bitcoin Won't Replace Dollar
Miguel Kattán, a member of President Nayib Bukele’s cabinet, sought to reassure Salvadorans fearful of a full pivot to a bitcoin standard.
CoinDesk - Unknown
By Danny Nelson
Jun 7, 2021 at 11:18 p.m. UTC
Jun 7, 2021
BitcoinLightning NetworkEl Salvador
nayib bukele
Markets
Bitcoin
Bitcoin’s 'Authoritarian Hipster'
El Salvador's Nayib Bukele has built a career by courting the vulnerable while attacking the establishment. Now he wants bitcoin as legal tender.
nayib bukele
By Daniel Kuhn
Jun 7, 2021 at 10:43 p.m. UTC
Jun 7, 2021
BitcoinEl SalvadorNayib Bukele
El Salvadoran President Nayib Bukele speaks via video during a presentation at the Bitcoin 2021 conference in Miami.
Markets
Bitcoin
Investors See Possible El Salvador Bitcoin Embrace as Too Little to Move Market
El Salvador's announcement was largely ignored by markets, possibly due to the country's small size, analysts say.
El Salvadoran President Nayib Bukele speaks via video during a presentation at the Bitcoin 2021 conference in Miami.
By Damanick Dantes
Jun 7, 2021 at 8:57 p.m. UTC
Jun 7, 2021
BitcoinGovernmentBitcoin Priceemerging marketsEl Salvador