Five years ago, the government of El Salvador made bitcoin legal tender in the country. Now, the country’s government is shifting to another form of...
The International Monetary Fund (IMF) said Wednesday (Dec. 18) that El Salvador will alter its bitcoin project as part of a staff-level agreement on a...
Legislators in El Salvador are considering a bill that would regulate digital securities, a sign the Central American nation is proceeding with plans to issue...
El Salvador’s development bank has refused to reveal any details about the country’s purchase of bitcoins for an estimated $107 million. According to a Sunday...
Low-cost remittances were one of the key selling points Salvadoran President Nayib Bukele cited when announcing the law that made bitcoin a legal tender in...
Two-thirds of Salvadoran citizens consider President Nayib Bukele’s bitcoin policy a failure and more than three-quarters have never used it, German public news outlet Deutsche...
In an interview this week, bitcoin payments firm Strike’s CEO said that El Salvador’s bitcoin-as-legal-tender experiment hasn’t hurt his company in any way, noting that...
El Salvador has repurchased more than $500 million of its bonds at a huge discount, but that may not lessen its risk of a default...