El Salvador Weekly news and trends

Bitcoin Popularity Fading Further in El Salvador
Cryptocurrency // October 21, 2022

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 Welle reported this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

El Salvador Weekly: One Year in, Bitcoin Currency Experiment Has Bombed
Cryptocurrency // September 09, 2022

The anniversary of El Salvador’s experiment with bitcoin as a legal tender hit without much fanfare on Sept. 7, as it takes a fair bit of creativity to call it anything but a failure. Get the Full Story Complete the form to unlock this article...

El Salvador Weekly: Bonds Bounce Back
Cryptocurrency // August 26, 2022

In late July, a Morgan Stanley analyst told clients that they should buy El Salvador’s badly distressed bonds, which have repeatedly been cut deep into junk territory this year over fears of a default and the bitcoin-as-legal-tender experiment. Get the Full Story Complete the form...

El Salvador Weekly: What Disappearing Bitcoin ATMs?
Cryptocurrency // August 19, 2022

El Salvador’s finance minister, Alejandro Zelaya, said on Aug. 11 that “the Salvadoran population continues to use Bitcoin and the Chivo Wallet,” in the words of a local news outlet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...