Giving Salvadoran President Nayib Bukele the courage of his convictions, bitcoin’s collapse below $20,000 from its November high of nearly $70,000 hasn’t dimmed his enthusiasm...
On June 10, El Salvador was down about $38.1 million on its bitcoin investment. By Friday (June 17), that number had grown to $57.6 million....
Almost year ago Sunday (June 5), President Nayib Bukele announced El Salvador would make bitcoin a legal tender, on par with the U.S. dollar. With...
MoneyGram is looking at bringing a bitcoin competitor to El Salvador’s remittance market. It’s part of a push by the leading money transfer company to...
Bitcoin, stablecoins and other cryptocurrencies are a potential savior for people in developing nations who are trying to dig a little bit further out of...
The International Monetary Fund (IMF) dropped yet another strong hint that it won’t bail El Salvador out of coming debt payments that could lead to...
Given the unpopularity and slender use of bitcoin as a currency in El Salvador, you’d think that President Nayib Bukele’s decision to spend another $15...
Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from...