El Salvador News

Legal-tender progress, Bitcoin bonds, mining initiatives, and national adoption milestones.

Stories 152 in this category

Coverage footprint 0.6% of all CryptoSlate stories

A cinematic wide shot shows a massive golden Bitcoin being hoisted by a crane before a sunlit El Salvador government building draped with blue-white flags, with a smoking volcano and cheering silhouettes in the background.

Crypto

El Salvador buys the dip defying IMF demands: Over $100M in BTC added as price wobbles

What the timing says about sovereign adoption, and whether it props up spot liquidity.

4 months ago

Enterprise

Salvadorian entrepreneurs can now claim a $100,000 Bitcoin grant

The initiative appears to be a response to re-developing the capital's Soyapango district, which has a reputation for gang violence.

4 years ago

Adoption

Price volatility strengthens public opinion against Bitcoin in El Salvador

Recent volatility has cast further doubt on the Bitcoin experiment, but El Salvador's risk exposure remain low.

4 years ago

Adoption

El Salvador’s minister dismisses Bitcoin crash despite 50% loss in reserves

El Salvador has collected over 2,300 Bitcoins since 2021. Even though the county lost more than $50 million with the recent crash, it's finance minister says the risk is extremely minimal.

4 years ago

Politics

El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k

Critics take aim at President Bukele as Bitcoin extends losses to sink under $23,000 for the first time since December 2020.

4 years ago

Adoption

44 nations converged to discuss bitcoin in El Salvador: The Davos of crypto?

The current traditional financial system has failed many countries leaving them subservient to the US Dollar, the meeting from 44 countries in El Salvador shows nations want change and see Bitcoin as a opportunity to do so.

4 years ago

Adoption

President Nayib Bukele announces that 44 countries will meet in El Salvador to discuss Bitcoin

The President of El Salvador announced that he would be meeting with representatatives from 44 different countries to discuss Bitcoin, financial inclusion, digital economy and banking the unbanked.

4 years ago