Tag: El Salvador
Who Are the Venezuelan Deportees Sent to El Salvador?
Who are the 238 Venezuelans deported by the Trump administration without due process to El Salvador’s maximum-security Terrorism Confinement Center? J [...]
El Salvador’s Bitcoin Law Update: What You Need to Know
btc-usdArslan Butt•Saturday, February 15, 2025•3 min read
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An Interview With El Salvador’s Top Crypto Regulator: ‘Developing Countries Can Lead the Financial Revolution’
The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation to accept Bitcoin as legal ten [...]
Bitcoin Price (BTC) Rally Sends Bhutan Holdings Above $1B, Bukele’s El Salvador’s Above $500M
After purchasing bitcoin on a few occasions during the 2021 bull run, El Salvador began dollar-cost-averaging into the top cryptocurrency in November [...]
IMF Continues to Urge El Salvador to Strengthen Regulatory Framework and Oversight of Bitcoin
This isn't the first time IMF has warned El Salvador. Most recently, in August, the IMF said something similar when it declared in a statement that “w [...]
El Salvador President Nayib Bukele to Present Debt-Free Budget for 2025
“I announce that this September 30 we will present before the Legislative Assembly for the first time in decades the first fully financed budget, with [...]
Bitcoin (BTC) Strategy Working for El Salvador, Says President Nayib Bukele
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Senator Bob Menendez Once Called Bitcoin ‘Ideal Choice for Criminals,’ Now He Stares at Decades in Prison for Bribery
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Bitfinex Securities Introduces El Salvador’s First Tokenized Debt to Fund New Hilton Hotel
The construction project consists of 4,484 square meters across five levels with 80 rooms, including a swimming pool, restaurants and commercial space [...]
Milei Disappoints on Crypto Registration Rule
The new law means platforms and individuals who purchase, sell, send or trade cryptocurrencies must adhere to a registration process. While the regula [...]
First Mover Americas: HSBC’s Gold Token Introduced in HK
The latest price moves in bitcoin (BTC) and crypto markets in context for March 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualiz [...]
Bitcoin (BTC) Holdings in El Salvador Rise to 5,700
The trackers were off because in addition to the country's long-standing policy of purchasing one bitcoin per day, El Salvador was also adding tokens [...]
El Salvador Doubles Down on Bitcoin
The decision to make the transfer to a cold wallet came after El Salvador's bitcoin treasury swelled unexpectedly, nearly doubling its previously know [...]
El Salvador Moves $400M BTC Into Cold Wallet, More than Doubling Known Holdings
El Salvador became the first country to purchase bitcoin as a treasury asset in September 2021, when a single coin cost around $52,000. On Thursday BT [...]