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Nayib Bukele

El Salvador President Nayib Bukele (Handout/ Getty Images)
Markets
El salvador
El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally
El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing.
El Salvador President Nayib Bukele (Handout/ Getty Images)
By Sam Reynolds
Jul 20, 2023 at 8:29 a.m. UTC
Jul 20, 2023
El SalvadorEl Salvador Bitcoin LawNayib Bukele
Asobitcoin President on El Salvador’s Bitcoin Experiment
Video
Imf
Asobitcoin President on El Salvador’s Bitcoin Experiment
El Salvador’s bitcoin experiment continues as President Nayib Bukele paid off the country's $800 million maturing bond issue in late January. Will Hernandez, president of the...
Asobitcoin President on El Salvador’s Bitcoin Experiment
By CoinDesk Inc
Feb 21, 2023 at 9:00 p.m. UTC
Feb 21, 2023
IMFcdtvaab clipEl SalvadorNayib BukeleTexasWill hernandezAsobitcoinBitcoin embassy
(Getty Images)
Policy
El salvador
El Salvador Pays Back $800M Maturing Bond, President Nayib Bukele Says
The country was the first in the world to use bitcoin as legal tender.
(Getty Images)
By Andrés Engler
Jan 24, 2023 at 4:26 p.m. UTC
Jan 24, 2023
El SalvadorNayib BukeleBondBitcoin
(Alain Bonnardeaux/Unsplash)
Policy
El salvador
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.
(Alain Bonnardeaux/Unsplash)
By Andrés Engler
Jan 11, 2023 at 9:09 p.m. UTC
Jan 11, 2023
El SalvadorBitcoin BondsBitcoinNayib Bukele
El Salvador President Nayib Bukele (Getty Images)
Policy
Regulations
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.
El Salvador President Nayib Bukele (Getty Images)
By Sandali Handagama
Nov 23, 2022 at 11:46 a.m. UTC
Nov 23, 2022
RegulationsEl Salvadorbitcoin bondNayib Bukele
El Salvador has repurchased a portion of its bonds. (Esaú González/Unsplash)
Markets
El salvador
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 Salvador has repurchased a portion of its bonds. (Esaú González/Unsplash)
By Andrés Engler
Sep 21, 2022 at 9:29 p.m. UTC
Sep 21, 2022
El SalvadorBitcoinBondsNayib Bukele
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)
Consensus Magazine
Bitcoin
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 pay...
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)
By David Z. Morris
Sep 15, 2022 at 7:38 p.m. UTC
Sep 15, 2022
BitcoinNayib BukeleEl Salvador
President Nayib Bukele (Ulises Rodriguez/APHOTOGRAFIA/Getty Images)
Markets
El salvador
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.
President Nayib Bukele (Ulises Rodriguez/APHOTOGRAFIA/Getty Images)
By Andrés Engler
Jul 26, 2022 at 8:49 p.m. UTC
Jul 26, 2022
El SalvadorBondsNayib Bukele
El Salvador President Nayib Bukele. (Ulises Rodriguez/APHOTOGRAFIA/Getty Images)
Finance
El salvador
El Salvador Purchases 80 Additional Bitcoin at $19K, President Bukele Says
The last purchase by the Central American country had been in May.
El Salvador President Nayib Bukele. (Ulises Rodriguez/APHOTOGRAFIA/Getty Images)
By Andrés Engler
Jul 1, 2022 at 1:41 a.m. UTC
Jul 1, 2022
El SalvadorNayib BukeleBitcoin
El Salvador President Nayib Bukele (Michael Nagle/Bloomberg via Getty Images)
Markets
El salvador
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 (Michael Nagle/Bloomberg via Getty Images)
By Andrés Engler
Jun 14, 2022 at 6:11 p.m. UTC
Jun 14, 2022
El SalvadorBitcoinNayib Bukele