Bipartisan Senate Proposal Raises Alarm Over El Salvador's Bitcoin Adoption
The legislation quickly drew a sharp rebuke from El Salvador President Nayib Bukele.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HJHV3PVO5NCLLF4S6GN3UJXRCY.jpg )
Sponsored
Feb 16, 2022 at 11:16 p.m. UTC
Feb 16, 2022
nayib bukele
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4RSQLCFSDNA27IACHHG4DYFYHA.jpg )
Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue
The firm cites concerns over the country's ability to service debt, its concentration of power in the presidency and adoption of bitcoin as legal tender.
Sponsored
Feb 10, 2022 at 5:39 a.m. UTC
Feb 10, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/P5D5HPH5E5GQDLJAO4E3BXEUZE.jpeg )
El Salvador Bitcoin Bond Issuance Coming as Soon as March 15: Finance Minister
In a TV appearance, Alejandro Zelaya also confirmed that the coupon for the paper will be 6.5%.
Sponsored
Feb 9, 2022 at 4:49 p.m. UTC
Feb 9, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KJXH2YSIXBCOLOQXQ4SZZ7S37I.jpg )
5 Tips for Traveling in El Salvador Spending Only Bitcoin
Even though President Bukele has made the cryptocurrency legal tender, it isn't super easy for visitors to get by on bitcoin alone. But with a few tricks, it's possible and fun.
Sponsored
Feb 9, 2022 at 3:54 p.m. UTC
Feb 9, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5AB7IV7YBJFLPAENNNGGQ2R464.jpg )
El Salvador Using Crypto Software Firm AlphaPoint to Fix Chivo Wallet Problems
Users of the state-run bitcoin wallet have complained about duplication of identity and the disappearance of funds.
Sponsored
Feb 1, 2022 at 8:43 p.m. UTC
Feb 1, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/26XHPPIXLJEF5OKJBXD6OFIKTM.jpg )
IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status
The global financial institution said BTC's use as legal tender poses risks to the country's financial stability, integrity and consumer protection.
Sponsored
Jan 25, 2022 at 7:37 p.m. UTC
Jan 25, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/35I74SBBMFADREDPPWCUATLVPI.jpg )
El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says
The nation now has over 1,500 bitcoins and plans to issue a $1 billion, 10-year bitcoin bond this year.
Sponsored
Jan 21, 2022 at 11:37 p.m. UTC
Jan 21, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UOHEJH4UARFNNCYD4SMVFKV6IY.jpg )
Bukele's Bitcoin Is Not What Turkey Needs
El Salvador's President didn't mention bitcoin in his meeting with Erdogan - but it's not a cure for Turkey's monetary woes anyway.
Sponsored
Jan 21, 2022 at 6:31 p.m. UTC
Jan 21, 2022
Nayib Bukele Is Not the Bitcoin Hero We Need
Evidence that El Salvador's president has targeted journalists and suppressed free speech contradicts Bitcoin's core values.
Sponsored
Jan 14, 2022 at 4:34 p.m. UTC
Jan 14, 2022
El Salvador to Build New Stadium in Collaboration With China, Bukele Says
The president of the only country where bitcoin is legal tender tweeted the news on New Year’s Eve.
Sponsored
Jan 3, 2022 at 10:09 p.m. UTC
Jan 3, 2022