Legal-tender progress, Bitcoin bonds, mining initiatives, and national adoption milestones.
El Salvador President Nayib Bukele proclaims Bitcoin as the opposite of FTX and likened FTX to a Ponzi scheme in the wake of the exchange's collapse on Nov. 14.
The Development Bank of El Salvador, BANDESAL, turned down anti-corruption agency's request to provide the government's Bitcoin purchase and sale records for the second time.
El Salvador is doubling down with revised securities laws that put Bitcoin at the core of the country's international trading strategy.
Simon Dixon said El Salvador's Bitcoin strategy will help the country get out of the "fiat-based Ponzi scheme debt mechanisms" that the IMF created.
Bitcoin is credited with boosting vistors to El Salvador and generating more money than the current unrealized loss on BTC holdings.
Finance Minister Alejandro Zelaya argued that El Salvador's Bitcoin (BTC) experiment is on track, and people should not expect results overnight.
President Nayib Bukele said the country will repurchase all sovereign bonds maturing between 2023 and 2025 at market prices.
El Salvador’s $7.7 billion Eurobonds is performing poorly despite having better numbers than countries in a similar position.
El Salvador buys another 80 Bitcoin, but total losses still come in at the tens of millions of dollars.
