[Dec 19 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…
[Dec 19 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…
[Dec 9 1:09 PM] El Salvador reportedly expects to reach an agreement with the IMF on a $1.3 billion loan deal in return for changes in its Bitcoin Law.
[Dec 8 11:47 AM] El Salvador’s unrealized gains of more than $300 million on its Bitcoin purchases came as BTC broke through the $100,000 milestone price.
[Nov 28 8:30 AM] A new Solana-based memecoin has stolen the crypto market’s spotlight after surging over 80% in seven days to a market capitalization above the $600 million mark. After its remarkable performance, the latest internet sensation continues to grow in…
[Nov 16 6:53 PM] 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 tender.
[Nov 14 2:45 PM] Bitcoin’s price surpassing $100,000 is within reach. The crypto laser eyes craze has turned from a delusional and flashy trend to a backed statement by actual fundamentals followed by some politicians.
[Oct 16 4:34 AM] Salvadorans have expressed approval of President Nayib Bukele, but they’ve not exactly warmed to his adoption of Bitcoin as legal tender.
[Sep 24 5:30 AM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating…
[Sep 23 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, President Nayib Bukele announces a zero debt budget, a batch of Salvadoran coffee gets purchased using…
[Sep 22 11:30 PM] El Salvador’s President Nayib Bukele met with Tesla and Spacex CEO Elon Musk at the Texas Gigafactory, discussing AI, robotics, and humanity’s future. The two exchanged views on innovation, and Musk praised Bukele’s leadership…
[Sep 22 1:30 PM] Peter Schiff has warned that the Federal Reserve’s rate cut will lead to economic disaster. Microstrategy, continuing its bitcoin acquisition strategy, plans to buy more bitcoin after raising $1.01 billion from a private offering. A bitcoin…
[Sep 21 7:56 AM] President Bukele visits Tesla to discuss the future of AI, Bitcoin, and El Salvador's emerging role in tech innovation with Elon Musk.
[Sep 17 10:32 PM] President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be…
[Sep 12 8:27 PM] According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to “change the narrative” on the country’s international perception.
[Sep 11 3:31 PM] “Someone needs to be the keeper and reiterator of the vision. There's a ton of work to do. When you have to walk a thousand miles and have only taken the first step, it feels like a long way. It really helps if there is someone saying, ‘We are one…
[Sep 5 11:30 PM] The Financial Task Force of Latin America (GAFILAT) released an evaluation of the state of El Salvador regarding compliance with international anti-money laundering requirements. The institution found that, while El Salvador included bitcoin as…
[Sep 3 11:30 AM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how other countries can learn to use bitcoin as a rebranding tool, following El…
[Sep 2 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining…
[Aug 31 6:40 PM] President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption has not grown as he expected…
[Aug 29 7:29 PM] The El Salvador President seemed to embrace the ”authoritarian” label while admitting the country had not seen as many benefits from Bitcoin as he anticipated.
[Aug 27 6:30 AM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. In this edition, we discuss the recent investments made by the Salvadoran government in Bitcoin education and…
[Aug 25 8:52 AM] El Salvador President Nayib Bukele highlighted his country’s commitment to free speech and safety in a recent social media post, indirectly referencing the arrest of Telegram CEO Pavel Durov in France. Bukele emphasized that El Salvador guarantees…
[Aug 23 10:30 AM] With each new Bitcoin purchase, the country’s financial future becomes increasingly tied to the fortunes of an unpredictable crypto market.
[Aug 22 7:30 PM] The Bitcoin Office of El Salvador announced that 80,000 public servants will receive bitcoin instruction and certification through an educational module that is part of the Higher School of Innovation in Public Administration (ESIAP) program. The…
[Aug 13 6:08 PM] The Turkish Yilport Holdings made the largest-ever private investment in El Salvador and will develop the port at the proposed site of Bitcoin City.
[Aug 10 12:30 AM] A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents…
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