1 / 11 Relevant items tagged with #ElSalvador
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Bukele Blasts Local Bitcoin Naysayers: ‘The Key Is Not Listening to Them’
[Jan 20 11:30 AM] Nayib Bukele, President of El Salvador, has blasted the attitude of the opposition to its government, which has used his bitcoin policies as an attack vector against his administration. Bukele stated it is better to not listen to them. El…
Latam Insights Encore: El Salvador Is Becoming Latam’s Crypto Hub
[Jan 20 6:45 AM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how El Salvador is becoming the capital of crypto for Latam, moving its economy…
Latam Insights: Tether’s Salvadoran Move, Rumble’s Cloud Deal
[Jan 19 6:00 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 of Latam Insights, Tether relocates its headquarters to El Salvador, Rumble closes a cloud…
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…
Tether CEO to take ‘cautious’ approach to US expansion, eyes larger profits
[Jan 17 5:47 AM] “For the moment we need regulatory clarity and guidance,” says Tether CEO Paolo Ardoino.
Rumble to Launch Offices in El Salvador and Initiate Local Hiring
[Jan 14 12:30 PM] Rumble, a video distribution and cloud services company, is preparing to start operations in El Salvador. Chris Pavlovski, CEO of Rumble, disclosed that the company is in the process of launching offices in the country and that it was evaluating…
Tether Relocating to El Salvador After Receiving Stablecoin Issuer License
[Jan 14 8:30 AM] Tether, the company behind USDT, has announced its imminent relocation to El Salvador after receiving a stablecoin issuer license. Paolo Ardoino, CEO of Tether, described this move as a natural progression that will allow the company to strengthen…
Latam Insights Encore: El Salvador’s Bitcoin Push to Boost Its Tourism Industry
Tether will relocate HQ to El Salvador after securing license
[Jan 13 3:39 PM] Tether is moving its operations from the British Virgin Islands to El Salvador after being granted a Digital Asset Service Provider license.
Latam Insights: El Salvador’s DOJ Bitcoin Watch, Chile’s Bitcoin Bench
El Salvador Inks Cloud Services Agreement With Rumble
[Jan 12 12:30 PM] The government of El Salvador has entered into a service agreement with Rumble, a Canadian video and cloud services company. The company will provide cloud computing services to El Salvador, including data storage, databases, load balancers, and…
Santander: El Salvador’s Bitcoin Adoption Fuels Tourism Boom
[Jan 11 2:30 AM] El Salvador’s tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving unprecedented economic and tourism growth. Bitcoin-Led Tourism Boom Positions El Salvador as a Global…
El Salvador Aims to Purchase DOJ’s Seized Bitcoin at a Discount
[Jan 10 8:30 AM] Nayib Bukele, the President of El Salvador, who has continued to push forward with bitcoin policies in his country, announced that he aims to profit from the potential DOJ sales of bitcoin seized as part of the Silk Road market takedown. El…
Bitfinex Derivatives Moves to El Salvador After Receiving License
[Jan 10 6:30 AM] Bitfinex, a cryptocurrency exchange, has recently moved its derivatives services division to El Salvador, transitioning customers to a new jurisdiction after receiving a Digital Asset Service Provider (DASP) license. Bitfinex Derivatives El…
Latam Insights Encore: El Salvador’s Bitcoin Bragging Signals a Point of No Return
[Jan 6 8:30 PM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how El Salvador is now placing its Bitcoin-focused policy front and center in its…
Latam Insights: El Salvador Boasts Bitcoin Success, Binance Gets Crucial Greenlight in Brazil
[Jan 5 2:45 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 of Latam Insights, El Salvador showcases its bitcoin experience before China, and Binance…
Latam Insights Encore: El Salvador’s Bitcoin Push Persists, Undeterred by IMF Deal
Latam Insights: El Salvador’s Bitcoin Christmas Buying Spree, Argentina’s Tether Freeze
El Salvador Showcases Bitcoin Success in Key Meeting With Chinese Ambassador
El Salvador Bitcoin Buying Spree Continues, BTC Holdings Now At 6,000
[Dec 30, 2025 2:00 AM] Since making Bitcoin a legal tender in 2021, the El Salvador government, led by President Nayib Bukele, has pursued a consistent strategy of accumulating Bitcoin. This Bitcoin accumulation strategy, which has largely paid off, has continued up…
New Mining Legislation in El Salvador Paves Way for Gold Exploitation
[Dec 26, 2024 7:45 PM] On Monday, the Legislative Assembly of El Salvador approved a new metallic mining law, opening the door for gold exploitation in the country. The change, previously hinted at by President Nayib Bukele, was met with criticism from environmental…
Latam Insights Encore: El Salvador’s Confusing IMF Deal Might Be Foiled By Its Bitcoin Stance
Latam Insights: El Salvador’s IMF Bitcoin-Braking Deal and Argentina’s Cyberspace Crypto Patrol
[Dec 23, 2024 5:30 AM] 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 of Latam Insights, El Salvador inked an agreement with the IMF that could stop its bitcoin…
El Salvador Reinforces Bitcoin Allegiance: Purchases BTC in Defiance of IMF Agreement
[Dec 22, 2024 7:48 PM] The government of El Salvador has clarified that it will continue pushing bitcoin as part of its economic strategy, even as it inked an agreement with the IMF to wind down its bitcoin operations. El Salvador Keeps Purchasing Bitcoin After IMF Deal…
El Salvador buys 11 BTC only a day after reaching a deal with IMF
[Dec 20, 2024 5:57 AM] El Salvador purchased 11 Bitcoin a day after reaching a $1.4 million IMF loan deal that called for a reduction in public sector engagement in “Bitcoin-related economic activities.”
Bukele Is The President of El Salvador, Not Bitcoin
[Dec 19, 2024 7:42 PM] As a condition of a new IMF loan package, President Bukele of El Salvador has had to concede three aspects of the Bitcoin Law passed in 2021:A legal tender mandate requiring businesses to accept BitcoinShutting down Chivo, the state run wallet and…
Quid Pro Quo: El Salvador Scores $1.4 Billion IMF Credit by Scaling Back Bitcoin Activities
The IMF Just Improved El Salvador’s Bitcoin Law
[Dec 19, 2024 2:18 PM] Follow Aaron on Nostr or X. The IMF yesterday announced they have reached a $1.4 billion loan deal with El Salvador. In return, the Central American country that in 2021 made bitcoin legal tender had to remove some of its pro-Bitcoin policies.I…
El Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal
[Dec 19, 2024 12:43 AM] El Salvador’s struck a loan deal with the IMF and will make Bitcoin acceptance voluntary and roll back government involvement in Bitcoin-related projects.