El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
[Mar 12, 2024 1:48 AM] President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.
7 / 12 Relevant items tagged with #ElSalvador
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Tim Draper Expects Bitcoin to Transform El Salvador Into One of the Richest Countries in the World
[Mar 12, 2024 1:30 AM] Tim Draper, a venture capitalist famous for his bitcoin price predictions, has praised El Salvador’s vision of embracing this new technology and talked about the benefits of this decision for its people. According to Draper, bitcoin will make…
Latam Insights: El Salvador Won’t Sell Its Bitcoin, Bitcoin Spot ETFs Land In Brazil and Peru
[Mar 4, 2024 1:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Bukele states El Salvador will not sell its bitcoin, Bitcoin ETFs land in Brazil and Peru, and…
El Salvador's Bukele Says Value of Country's Bitcoin Holdings Up Over 40%
[Feb 28, 2024 11:55 AM] The country's bonds have also surged to over 80 cents on the dollar.
Bitcoin Soars Above $52K, Yet Public Interest Shows Decline, Google Trends Data Reveals
Latam Insights: Bukele Wins Presidential Ballot by Landslide, Brazil Strengthens Crypto Tax Oversight
[Feb 12, 2024 2:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Nayib Bukele wins the presidential elections in El Salvador, the Brazilian tax authority finds over 25,000…
Bitcoin to $240K, Monero Plummets, El Salvador Supports Bitcoin, and More — Week in Review
Nayib Bukele’s Landslide Win In Bitcoin Country Fraught With New And Old Challenges
[Feb 5, 2024 4:00 PM] Having solidified his political legacy by effectively addressing the issue of gang violence in El Salvador, Nayib Bukele has not only secured an extraordinary second presidential mandate but has also propelled his New Idea Party to a resounding…
Bitcoin Pioneer Nayib Bukele Reelected in El Salvador by a Landslide
[Feb 4, 2024 9:40 PM] President Nayib Bukele, a pioneer in introducing the law that made bitcoin legal tender in El Salvador, has been reelected as president of the country in the ballot completed on Sunday. The Latam leader, who will reportedly continue implementing…
El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election
[Feb 4, 2024 6:43 PM] The country in 2021 became the first nation to adopt bitcoin as legal tender.
Latam Insights: El Salvador Reinforces Its Bitcoin Allegiance, Milei Drops Crypto From Omnibus Bill
[Feb 4, 2024 6:30 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador to deepen its Bitcoin commitment if President Bukele gets reelected, Argentine President Javier…
Bitfinex Securities Launches in El Salvador
[Feb 3, 2024 5:30 AM] Bitfinex has launched Bitfinex Securities El Salvador S.A. de C.V., its securities tokenization services company in the country. The exchange, one of the first regulated digital asset service providers in El Salvador, expects its proposal to be…
Presidential Election Puts El Salvador’s Bitcoin Future At A Crossroads
[Feb 2, 2024 12:30 PM] The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…
I Moved to El Salvador; Ask Me Anything
[Feb 1, 2024 12:31 PM] Last year, I planned a hike through El Boquerón, a national park atop the San Salvador Volcano that features a scenic crater, as well as a tiny crater within that crater called Boqueroncito (”Little Boquerón”), which I find adorable. In true…
Latam Insights: Argentina’s Milei States Dollarization Is Close, Bitfarms Expands In Paraguay
[Jan 28, 2024 11:30 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine President Javier Milei reiterates dollarization is near, Bitfarms announces a new site in…
Latam Insights: Bukele Frontrunned Blackrock’s Bitcoin ETF Move, Bitcoin Lease Contracts in Argentina
How Two Digital Nomads Launched The Fastest Growing Bitcoin Community In El Salvador
[Jan 10, 2024 9:05 AM] Based on the number of merchants that now accept bitcoin in Berlin you might think this article is about the German capital city. Instead, it’s about a small picturesque mountain town in El Salvador with a population of 20,000 people.How it came to…
El Salvador's BTC Bet Is $13M in Profit as Bitcoin ETF Approval Approaches
[Jan 9, 2024 9:08 AM] El Salvador is sitting on a $12.6 million unrealized profit on its bitcoin investment after being in the red for two years.
Latam Insights: Vitalik Buterin Praises Argentina, Brazilian Banks Test Microsoft CBDC Privacy Solution
ETF Fever Continues, Gensler Warns Against Crypto’s ‘Wild West’ of Permissionless Exchange, Latam Update — Week in Review
Latam Insights: El Salvador Passes Bitcoin Citizenship Law, Argentina to Allow Crypto Denominated Contracts
[Dec 25, 2023 1:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador passes a Bitcoin donation citizenship law, Argentina will allow the settlement of…
Latam Insights: Volcano Bonds Target Q1 2024 Launch, Unblock Global $15 Million Bitcoin Flare Gas Bet
[Dec 18, 2023 3:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran Volcano Bonds might be launched in Q1 2024, Unblock Global raised $15 million for a flare…
Is El Salvador’s Bitcoin gambit finally paying off?
[Dec 14, 2023 8:01 AM] The rise in El Salvador’s bond prices “almost defies gravity,” and it may soon have access to Eurobond markets, said Santander Bank.
Salvadoran Bitcoin Volcano Bonds Target Q1 2024 Launch After Getting Regulatory Approval
[Dec 14, 2023 5:00 AM] Discussion on the Volcano Bonds, a series of digital debt instruments that would be used to finance the creation of Bitcoin City, has resurfaced after their regulatory approval in El Salvador. The Bitcoin Office in the country revealed that it…
Argentine crypto influencers hope Javier Milei will shun FATF Travel Rule
[Dec 11, 2023 5:30 AM] The Argentine president, inaugurated on Dec. 10, has promised to disband the country’s central bank but hasn’t made any official commitment to introduce Bitcoin-friendly legislation.
Latam Insights: El Salvador’s Bitcoin Portfolio Goes Black, Brazil Brings Digital Currency Talk to G20
[Dec 11, 2023 12:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The portfolio of bitcoin investments of the Salvadoran government went into black numbers, Brazil will…
El Salvador Could Rake In $1B Bitcoin Investment per Year With New ‘Freedom VISA’
[Dec 8, 2023 2:46 AM] The country’s treasury owns just over 2,700 bitcoin (BTC), which has yielded over $3 million in unrealized profit so far.
El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others
[Dec 7, 2023 11:29 PM] The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000.
El Salvador’s Bitcoin portfolio swings to profit
[Dec 4, 2023 8:58 AM] The country’s Bitcoin investment has returned to profit after a devastating crypto winter.
El Salvador's Bitcoin Investment 'In the Black,' Says President Bukele
[Dec 4, 2023 7:03 AM] "We have no intention of selling," Bukele added.