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El Salvador to Reform Laws to Favor Citizenship through Investment

El Salvador to Reform Laws to Favor Citizenship through Investment

President Nayib Bukele is pushing for several policy reforms that will grant Citizenship by Investment to foreign investors, according to his recent disclosed message on Twitter.

More than 75% Salvadoran Distrust in Bitcoin as Fiat Money, Poll suggests

More than 75% Salvadoran Distrust in Bitcoin as Fiat Money, Poll suggests

A poll shows that more than three-quarters of Salvadorans are sceptical towards the implementation of Bitcoin across the country, according to Reuters, citing a survey released Thursday.

El Salvador's Nayib Bukele buy 1 BTC daily

El Salvador's Nayib Bukele buy 1 BTC daily

El Salvador's President Nayib Bukele and Grenada's ambassador Justin Sun have decided to accumulate 1 BTC per day. Analysts are worried that bitcoin could slide to $13,000, having already lost 76% since hitting a record high of $69,000.

El Salvador Takes First Steps Towards Bitcoin Mining Using Volcanoes

El Salvador Takes First Steps Towards Bitcoin Mining Using Volcanoes

Nayib Bukele, the president of El Salvador, has announced the first steps that the country has taken to enable volcanoes to mine Bitcoin.

Scholar Disagrees BTC as the medium of Legal Tender

Scholar Disagrees BTC as the medium of Legal Tender

Roger Svensson, Associate Professor of the Institute of Industrial Economics, suggests that Bitcoin (BTC) is unsuitable as a medium of flat money for international currency.

No Chivo Wallet Downloads in El Salvador This Year, Study Shows

No Chivo Wallet Downloads in El Salvador This Year, Study Shows

A new study shows no Chivo wallets downloads this year in El Salvador, indicating the enthusiasm for the crypto adoption in the nation does not as promising as painted.

El Salvador Embraces Virtual Currency Era, Nayib Bukele: Just Bought 200 New Bitcoins

El Salvador Embraces Virtual Currency Era, Nayib Bukele: Just Bought 200 New Bitcoins

Central American nation El Salvador officially adopts Bitcoin as legal tender Tuesday, becoming the first country to embrace Bitcoin as another circulating fiat currency alongside the US dollar.

Bitcoin will Reach $100K in 2022: Nayib Bukele Predicts

Bitcoin will Reach $100K in 2022: Nayib Bukele Predicts

El Salvador President Nayib Bukele released on his official Twitter on January 2 his bullish forecasts for bitcoin in 2022. Among them, Nayib Bukele believes that the bitcoin price will reach a high of $100k in 2022.

El Salvador’s Nayib Bukele Foresees "Gigantic Price Increase" in Bitcoin

El Salvador’s Nayib Bukele Foresees "Gigantic Price Increase" in Bitcoin

President Nayib Bukele has showcased his level of trust in the price of Bitcoin (BTC) soaring to new levels through a new tweet shared on Monday.

Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele

Bitcoin Wallets Surpass Bank Accounts in El Salvador, says President Bukele

El Salvador has been making significant strides in the crypto space ever since, with the latest being Bitcoin wallets dwarfing bank accounts in the nation.

El Salvador Purchases 150 new Bitcoins, Bukele: Buys the dip, Now Holds 700 coins

El Salvador Purchases 150 new Bitcoins, Bukele: Buys the dip, Now Holds 700 coins

On Monday, El Salvador President Nayib Bukele announced that the Central American nation bought 150 new Bitcoins from the dip, urging people to buy the dip by giving his "presidential advice".

El Salvador Plays Host to Developing Economies to Delve Deeper into Bitcoin Adoption

El Salvador Plays Host to Developing Economies to Delve Deeper into Bitcoin Adoption

The ongoing Bitcoin conference in El Salvador could not have come at an interesting time when the leading cryptocurrency has shown its resilience amid the current LUNA crash, according to Mikkel Morch, the executive director at crypto hedge fund ARK36.

President Nayib Bukele Confirms Purchasing 150 BTC Amid Crypto Market Crash

President Nayib Bukele Confirms Purchasing 150 BTC Amid Crypto Market Crash

El Salvador President Nayib Bukele confirmed the country has purchased an additional 150 units of BTC despite the market dip. The nation experienced the volatility of crypto just within a day after adopting BTC as legal tender.

Anti-Government Protest Outbreak in El Salvador, Bitcoin ATM Burned in its Capital

Anti-Government Protest Outbreak in El Salvador, Bitcoin ATM Burned in its Capital

Over thousand protestors marched in the capital of El Salvador Wednesday, while some Bitcoin ATMs reportedly were destroyed against the adoption of Bitcoin as fiat money.

Nayib Bukele Criticises U.S. Does Not "Stand for Freedom", the Senate Comm Passes ACES Bill

Nayib Bukele Criticises U.S. Does Not "Stand for Freedom", the Senate Comm Passes ACES Bill

El Salvador President Nayib Bukele has lashed out at the U.S. government after the Senate Foreign Relations Committee passed the Accountability for Cryptocurrency in El Salvador Act (ACES) Bill.

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