July 06, 2022 11:30 am
Only 48 new companies focused on bitcoin have registered in El Salvador since the cryptocurrency’s introduction, according to the country’s central bank; that represents less than 2% of all businesses that opened in 2019.
March 28, 2022 10:17 pm
The Central American country is imposing measures to crack down on violent street gangs. More than 60 gang-related deaths were recorded on Saturday.
March 12, 2022 5:59 pm
President Nayib Bukele aims to issue his country's first-ever $1 billion bitcoin-backed bond this month and use the proceeds to buy more cryptocurrencies and build "Bitcoin City".
February 26, 2022 3:21 pm
The probe had been put on hold when the military officers appealed the case to the Supreme Court in 2019. But in January the Supreme Court ordered the re-opening of the investigation.
February 02, 2022 11:49 am
The El Salvadoran government deposited $30 in Bitcoin in every citizens' Chivo wallet as ‘seed money’ to propel Bitcoin transactions.
January 29, 2022 4:43 pm
El Salvador became in September the first country to make bitcoin a legal tender, alongside the U.S. dollar.
January 29, 2022 10:27 am
The government did not see a need to scale back the scope of its Bitcoin law, but agreed regulation could be strengthened, according to the report.
December 29, 2021 7:34 pm
Chivo wallet is a crypto wallet for citizens to facilitate transactions in Bitcoin.
November 23, 2021 12:25 pm
El Salvador's “Bitcoin City” would be funded with the issuance of a $1 billion Bitcoin Bond. The city will be located along the Gulf of Fonseca near a volcano.
November 22, 2021 9:50 am
Speaking at an event closing a week-long promotion of bitcoin in El Salvador, Bukele said the city planned in the eastern region of La Union would get geothermal power from a volcano and not levy any taxes except for value added tax (VAT).