El Salvador Has Thousands More Bitcoins Than Previously Known
[Mar 14, 2024 6:43 PM] The Central American nation moved $400 million in BTC into a cold storage wallet this week.
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El Salvador Axes Income Tax for Investments From Abroad
[Mar 13, 2024 10:38 AM] The nation, which is attempting to attract foreign capital, removed income tax on investment from overseas.
El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates
[Mar 12, 2024 9:30 PM] President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital…
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…
Satoshi’s Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More — Week in Review
[Mar 3, 2024 7:30 AM] Bitcoin’s valuation surged past the $1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $9 billion in two months. JPMorgan Chase analysts have identified the Bitcoin halving event and…
El Salvador Won’t Sell Its Bitcoin — President Bukele Says ‘at the end 1 BTC = 1 BTC’
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.
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…
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…
El Salvador Stands Firm on Bitcoin, Defying IMF’s Renewed Call to Drop BTC as Legal Tender
[Feb 3, 2024 5:30 PM] El Salvador has reaffirmed its commitment to embracing bitcoin despite the International Monetary Fund’s repeated calls for the country to drop the cryptocurrency as legal tender. The Salvadoran vice president emphasized that not only will…
Latam Insights: Bukele Frontrunned Blackrock’s Bitcoin ETF Move, Bitcoin Lease Contracts in Argentina
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.
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…
El Salvador's Volcano Bond gets regulatory approval, targets Q1 launch
[Dec 11, 2023 8:39 PM] The Volcano Bond was approved by the country's Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024.
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…
Less than 2% of El Salvador's population holds crypto: Report
[Dec 8, 2023 10:59 PM] According to a recent report, crypto enthusiasm in El Salvador lags behind despite the country's ongoing pro-crypto initiatives.
Nayib Bukele steps down as El Salvador’s President ahead of re-election bid
[Dec 1, 2023 3:39 PM] Acting President Claudia Rodríguez de Guevara, the first female head of state for El Salvador, took office on Dec. 1 and is expected to serve until June 2024.
De Guevara Is Bitcoin Country’s Interim President As Bukele Steps Down To Run
[Dec 1, 2023 11:30 AM] Photo Credit: Dirección de Obras Municipales (DOM) President Nayib Bukele of El Salvador has been granted a special license allowing him to temporarily step down from his presidential role to pursue a second term in the country's upcoming elections…
As El Salvador’s Bukele Approaches Re-Election, Bitcoin Entrenchment Deepens
[Nov 13, 2023 10:37 AM] 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…
OCCRP Investigation Alleges Bukele Embezzled $200 Million for Bitcoin Projects in El Salvador
[Nov 2, 2023 4:00 PM] An investigation led by the Organized Crime and Corruption Reporting Project (OCCRP) alleges that Nayib Bukele, President of El Salvador, deviated hundreds of millions of dollars granted by the Central American Bank for Economic Integration (CABEI)…
El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid
[Oct 29, 2023 8:36 PM] Despite Bukele’s popularity, some critics argue he isn’t eligible to be re-elected under El Salvador’s constitution.
Beyond Bukele: Sustaining El Salvador’s Orange Wave of Freedom
[Oct 24, 2023 7:30 AM] Is El Salvador’s Orange Enlightenment Only One Leader Deep?The world is witnessing a miracle unfold in the beautiful country of El Salvador. In just the first four years of president Nayib Bukele’s presidency, the smallest Central American country…
Bukele Likely To Step Down As President To Seek A Second Term
[Oct 23, 2023 7:00 AM] In recent weeks, the Salvadoran media has been abuzz with speculation that Bitcoin Country President Nayib Bukele will step down from his current role to pursue a second term in office. This move hinges on obtaining a special license from the…
El Salvador’s Bitcoiners teach 12-year-olds how to send sats
[Aug 16, 2023 5:26 PM] Over 25,000 students in El Salvador have learned about Bitcoin in the classroom.
El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally
[Jul 20, 2023 2:29 AM] El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing.
Bitcoin ‘Permabull’ Max Keiser: ‘El Salvador Will Be Debt Free by 2030 With Bitcoin’
[Jun 20, 2023 2:30 AM] Max Keiser, international journalist and chairman of mining company Volcano Energy, has pondered on the importance bitcoin adoption will have for El Salvador in the future. According to Keiser, thanks to bitcoin, El Salvador will be debt free by…