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Democrats Are 'Just Salty,' Says Nayib Bukele: El Salvador's President Laughs At Senate Bill Calling For Sanctions On His Bitcoin-Friendly Nation
Tuesday, July 8, 2025 - 10:07pm | 593El Salvador President Nayib Bukele called Democrats “salty” on Tuesday, reacting to a proposed bill by party senators that calls for sanctions on the Central American nation. What Happened: The El Salvador Accountability Act of 2025 was introduced last month by Senators Chris...
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Nvidia B300 Chips Order Touted By Nayib Bukele's Bitcoin Office — Why Does El Salvador Want These Powerful AI Processors?
Tuesday, July 1, 2025 - 11:10pm | 775El Salvador, under the presidency of Nayib Bukele, placed an order for Nvidia Corp.'s (NASDAQ:NVDA) B300 chips, a powerful artificial intelligence processor that is not yet available to most of the world. What Happened: The deal was forged with Hydra Host, a high-performance AI infrastructure firm...
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Venezuelans Deported By Trump Administration Under Alien Enemy Act Must Be Allowed Legal Challenge To Contest Gang Accusations, Judge Calls Situation Kafkaesque
Wednesday, June 4, 2025 - 8:29pm | 566A federal judge has ordered, on Wednesday, that a group of Venezuelans, deported to a Salvadoran prison, must be provided with a legal channel to challenge the accusations made by the Trump administration that they are gang members. What Happened: U.S. District Judge James Boasberg did not lay out...
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IMF Says El Salvador Met Most Targets As Part Of $1.4 Billion Funding Program, But Wants To 'Ensure' Country's Bitcoin Holdings Don't Grow
Wednesday, May 28, 2025 - 3:18am | 684The International Monetary Fund said Tuesday that it will “ensure” El Salvador does not increase its Bitcoin (CRYPTO: BTC) stockpile, which conflicts with the Central American nation’s state policy. What Happened: The IMF’s announcement came as part of its first...
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Nayib Bukele Hits Back At Naysayers After Bitcoin Bolts Past $110,000: 'They Said, Don't Take Screenshots, Take Profits' — Flaunts El Salvador's Neat Gains
Thursday, May 22, 2025 - 1:23am | 586Bitcoin's (CRYPTO: BTC) blistering rise past $110,000 has handed El Salvador another headline-worthy windfall, prompting President Nayib Bukele to fire back at critics with a screenshot of the country's Bitcoin treasury and the quip, "They said, ‘Don't take screenshots, take profits.'" What...
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El Salvador's Bitcoin Holdings Show $357 Million In Unrealized Profit As Bitcoin Closes At Record Highs
Monday, May 19, 2025 - 7:54am | 448El Salvador's bold foray into Bitcoin (CRYPTO: BTC) has entered a new chapter of profitability. As of May 19, the country's BTC portfolio stands at approximately $644.4 million, with an unrealized profit of $357.2 million, reflecting a gain of 124.39% on its initial investment of $287.2 million....
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El Salvador Committed To Buy Bitcoin Despite IMF Requirement, Says Minister— 'Important Project' Started By Nayib Bukele
Thursday, May 1, 2025 - 12:55am | 321El Salvador’s economy minister reiterated the country’s resolve to hoard more Bitcoin (CRYPTO: BTC) Tuesday despite the International Monetary Fund’s requirement to reduce exposure to the leading cryptocurrency. What happened: During an interview with Bloomberg, Maria Luisa Hayem...
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SEC Zooms In On Nayib Bukele-Led El Salvador's Crypto Regulation Model
Thursday, April 24, 2025 - 3:14am | 454The Securities and Exchange Commission met with officials from El Salvador’s National Commission on Digital Assets on Tuesday to collaborate on cryptocurrency regulation across borders. What Happened: According to a memo dated April 22, representatives from Perkin Law Firm, LLC...
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Maryland Senator Grabs National Spotlight With El Salvador Meeting With Deportee
Saturday, April 19, 2025 - 12:15pm | 558Sen. Chris Van Hollen (D-Md.), a longtime but mostly low-profile legislator, has surged into the national spotlight following a trip to El Salvador to meet with Kilmar Abrego Garcia. The visit, where Van Hollen met with the Maryland man erroneously deported by the Trump administration after...
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Trump 'Appreciates' Nayib Bukele For Accepting Deportees, El Salvador's President Refuses To Return Maryland Resident: 'I'm Not Going To Do It'
Tuesday, April 15, 2025 - 12:20am | 735President Donald Trump met President Nayib Bukele of El Salvador at the White House on Monday, where they discussed the mistaken deportation of a Maryland resident to the Central American country and their prospective return. What Happened: Trump thanked Bukele for accepting custody of individuals...
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White House Updates Status On Mistaken Deportation To El Salvador
Sunday, April 13, 2025 - 10:22am | 412President Donald Trump‘s administration has disclosed a wellness report for a Maryland man who was erroneously deported to El Salvador. The report is part of a court-ordered daily update. What Happened: The U.S. District Judge Paula Xinis has mandated that the White House provide daily...
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El Salvador's Nayib Bukele Defiant Amid IMF's Bitcoin Accumulation Concerns: 'It Won't Stop Now, And It Won't Stop In The Future'
Tuesday, March 4, 2025 - 11:07pm | 673El Salvador President Nayib Bukele reiterated his commitment to Bitcoin (CRYPTO: BTC) on Tuesday despite pressure from the International Monetary Fund to limit exposure to the apex cryptocurrency. What Happened: Bukele took to X to express his unwavering support for Bitcoin, saying "This all...
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EXCLUSIVE: Bitcoin Has 'Capacity' To Become Legal Tender In Europe, Says EU Member Of Parliament Sarah Knafo: 'I Am Going To Fight The Digital Euro' And The Totalitarian ECB
Sunday, February 16, 2025 - 9:30am | 848Within the first week of his inauguration, President Donald Trump signed an executive order that included a directive to evaluate the creation of a "strategic national digital assets stockpile." The Federal Reserve has also shunned plans to create a central bank digital currency, setting a...
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El Salvador's Bitcoin President Nayib Bukele Meets Michael Saylor To 'Accelerate Adoption'
Friday, February 14, 2025 - 1:22pm | 506El Salvador's President Nayib Bukele met with MicroStrategy (NASDAQ:MSTR) co-founder Michael Saylor on Thursday at the country's presidential palace, according to the country’s National Bitcoin Office. What Happened: While the specifics of their discussion remain undisclosed, the meeting...
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El Salvador Proved 'Bitcoin Is Not Destined To Be Money,' Analyst Says
Wednesday, February 12, 2025 - 8:42am | 661El Salvador’s attempt to embrace Bitcoin (CRYPTO: BTC) as legal tender has conclusively proven that the cryptocurrency is not viable as a widespread payment system, according to an analysis by John Paul Koning. What Happened: Even with government support, adoption sputtered, Koning stated in...