El Salvador now holds 6,111 BTC worth $501.88 million, with a majority of purchases in profit. It has purchased 40 BTC in the ...
El Salvador President Nayib Bukele said his government won’t stop buying Bitcoin despite a new request from the International ...
El Salvador isn’t backing down from Bitcoin just yet. Despite agreeing to an International Monetary Fund (IMF) loan deal that ...
El Salvador announced on Wednesday the purchase of a bitcoin, which takes the total in the country's strategic reserve to ...
In 2021, El Salvador caught the world's attention by becoming the first country to make cryptocurrency legal tender, alongside the US dollar. Last December, as the price of bitcoin broke $100,000 ...
The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high ...
El Salvador’s heralded adoption of Bitcoin as legal tender appears to be undergoing a significant downgrade as businesses are no longer obliged to accept the cryptocurrency. As part of a $1.4 billion ...
El Salvador expanded its Bitcoin reserves to over 6,102 BTC, continuing its purchases after securing a $1.4b IMF financial ...
This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin City, here. The sun was setting as I rolled into El Zonte, a small surfing ...
There was formidable energy at this year’s Plan B conference in El Salvador. The event, which took place on Jan. 30-31, was historic for many of its 2,500 attendants. It was the first Bitcoin ...
Despite government subsidies and mandates, Bitcoin usage in El Salvador fell sharply, with businesses and consumers preferring U.S. dollars. Koning says Bitcoin’s volatility prevents it from ...
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