1 / 12 Relevant items tagged with #ElSalvador

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Latam Insights: Bukele’s US Tour, Panamanian Crypto Bill

[Mar 30 10:30 PM] Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, El Salvador’s Nayib Bukele announces a visit to the U.S., a Panamanian crypto bill gets introduced…

First Tokenized Warehouse Complex Built in El Salvador

[Mar 29 5:30 AM] The warehouse, whose construction was financed in part with tokenized sales, marks one of the first times that this financing scheme has been used successfully in El Salvador. The Digital Assets Law allows for this kind of financing model, allowing…

El Salvador Continues Buying Bitcoin Despite IMF Pressure

[Feb 10 10:30 AM] The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele’s administration acquired 18…

El Salvador Is Still Bitcoin Country

[Feb 7 9:33 PM] Follow Frank on X. El Salvador is still Bitcoin country, despite the fact that bitcoin is no longer legal tender in the country — at least from where I’m sitting.Let’s start with some background on the matter.On January 29, 2025, the Legislative…

Crypto Remittances Fail to Gain Momentum in El Salvador

[Feb 6 9:30 AM] According to the Reserve Bank of El Salvador, the use of crypto to make remittances to the country has consistently accounted for less than 1% of the total share since October 2024. Adoption of Crypto for Remittances Falters in El Salvador Crypto…

Tether Confirms Skyscraper Construction in El Salvador

[Jan 18 8:30 PM] Paolo Ardoino, CEO of Tether, the issuer of USDT and one of the larger companies in the crypto space, has confirmed plans to physically relocate part of its operations to El Salvador besides moving its headquarters to the country. President Nayib…