Tag: Salvador

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Bitcoin (BTC) Holdings in El Salvador Rise to 5,700

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

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 Holds More Bitcoin (BTC) Than Expected

El Salvador Holds More Bitcoin (BTC) Than Expected

Bitcoin-forward Central American nation El Salvador this week moved $400 million of bitcoin (BTC) – "a big chunk" – into a cold wallet, President Nayi [...]
El Salvador Moves $400M BTC Into Cold Wallet, More than Doubling Known Holdings

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 [...]
El Salvador Axes Income Tax for Investments From Abroad

El Salvador Axes Income Tax for Investments From Abroad

The nation, which is attempting to attract foreign capital, removed income tax on investment from overseas. www.coindesk.com [...]
Nayib Bukele Wins Re-Election in El Salvador

Nayib Bukele Wins Re-Election in El Salvador

In 2021, El Salvador became the first nation to adopt the largest cryptocurrency as legal tender, developed and introduced a crypto wallet Chivo to en [...]
Bitcoin (BTC) Bonds in El Salvador Swing Closer to Reality as Price Targets $45,000

Bitcoin (BTC) Bonds in El Salvador Swing Closer to Reality as Price Targets $45,000

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
El Salvador Could Rake In $1B Bitcoin Investment per Year With New ‘Freedom VISA’

El Salvador Could Rake In $1B Bitcoin Investment per Year With New ‘Freedom VISA’

The country’s treasury owns just over 2,700 bitcoin (BTC), which has yielded over $3 million in unrealized profit so far. www.coindesk.com [...]
El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others

El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others

El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to citizenship for 1,000 people willing to s [...]
Bitcoin (BTC) Investment Profitable Says Nayib Bukele of El Salvador

Bitcoin (BTC) Investment Profitable Says Nayib Bukele of El Salvador

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
El Salvador Remains in the Red on Bitcoin Holdings, But Losses Are Narrowing

El Salvador Remains in the Red on Bitcoin Holdings, But Losses Are Narrowing

It's been a bit more than two years since the country made bitcoin legal tender there. www.coindesk.com [...]
El Salvador Bitcoin ATM network to receive Lightning Network upgrade

El Salvador Bitcoin ATM network to receive Lightning Network upgrade

Athena Bitcoin, the company operating a state-owned chain of crypto ATMs in El Salvador, plans to integrate the Lightning Network into 100 of these ma [...]
El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid

El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid

El Salvador president Nayib Bukele has filed paperwork to be re-elected in the country’s upcoming 2024 presidential election in February.Bukele, a Bit [...]
Bitcoin-friendly El Salvador can become the ‘Singapore of the Americas’: VanEck advisor

Bitcoin-friendly El Salvador can become the ‘Singapore of the Americas’: VanEck advisor

El Salvador can follow Singapore’s lead and become a financial center in the Americas, according to  Gabor Gurbacs, strategy advisor of investment man [...]
Westerners See El Salvador as a Template for a New Monetary System

Westerners See El Salvador as a Template for a New Monetary System

In this era of fiat debasement, Stajnar believes that El Salvador is a beacon of hope for other countries. Investors across the world are starting to [...]
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