El Salvador

El Salvador’s National Bitcoin Office (ONBTC) expects its $1 million ‘Freedom Visa’ initiative to reach full subscription by the close of 2023, as reported by Cointelegraph. What Happened: Launched on Dec. 7, this initiative is a collaboration between the Salvadoran government and...

El Salvador's much-anticipated Bitcoin (CRYPTO: BTC) bond, dubbed the "Volcano Bond," has received regulatory approval, paving the way for its launch in the first quarter of 2024. This move marks a new chapter in the country's embrace of Bitcoin and its integration into the...

In a groundbreaking initiative, the government of El Salvador unveiled the "Adopting El Salvador Freedom Visa Program," a unique visa scheme aimed at attracting high-net-worth individuals and investors. This program, limited to 1,000 participants annually, offers a path to...

El Salvador's former President Nayib Bukele on Monday announced that the country's Bitcoin (CRYPTO: BTC) investment has turned profitable and that the country is currently sitting on an unrealized gain of $3.6 million from its Bitcoin investments. A Turnaround In Investment...

A leader in adopting Bitcoin (CRYPTO: BTC) as its national currency, El Salvador is now launching its first local Bitcoin mining pool, Lava Pool. The project is led by Volcano Energy in association with Luxor Technologies, which is known for its expertise in providing Bitcoin mining software...

The 21st century is famously known for the rise of smartphones, social media, GPS navigation, drones and many other things including blockchain and cryptocurrency, two names that have also seen rapid growth.  Blockchain provides a method to secure and distribute knowledge, data ...

El Salvador's Ministry of Education partnered with the non-profit organization, Mi Primer Bitcoin (MPB), meaning My First Bitcoin, to incorporate Bitcoin (CRYPTO: BTC) education into the public school curriculum by 2024. John Dennehy, the founder of MPB, said this initiative is led by the...

Alphabet Inc's Google (NASDAQ:GOOGL) on Wednesday said it will expand its Cloud operations into the Central American country El Salvador, which stands as the only nation to fully legalize Bitcoin (CRYPTO: BTC) as legal tender. What Happened: The multinational tech behemoth revealed that it has...

El Salvador president Nayib Bukele's embracing of Bitcoin (CRYPTO: BTC) was initially met with skepticism on Wall Street. However, the subsequent bond rally, boasting 70% returns, is now drawing investors who had previously been wary or had avoided the country's securities. These returns...

Crypto exchange Binance (CRYPTO: BNB) on Monday announced it has become the first crypto exchange to be fully licensed in El Salvador. The Central Reserve Bank (Banco Central de Reserva) has granted Binance the Bitcoin Services Provider license (BSP), while the National Commission of Digital...

In the wake of the recent memecoin frenzy that gripped the crypto market just a few weeks ago, Bitcoin (CRYPTO: BTC) maximalist and now an advisor to President Nayib Bukele of El Salvador, Max Keiser, recently lashed out against PEPE (CRYPTO: PEPE) on Twitter, reasserting his strong belief in...

Saifedean Ammous, the Austrian economist known for his book “The Bitcoin Standard”, has been appointed as the latest economic advisor to El Salvador’s National Bitcoin Office (ONBTC).  What Happened: The move follows El Salvador’s announcement in November 2021 that it...

El Salvador President Nayib Bukele appeared to respond eagerly to Starlink‘s arrival in his country. SpaceX’s satellite internet is now available in more than 50 countries across the globe. What Happened: Elon Musk-led SpaceX’s Starlink is now available in El Salvador in Central...

When El Salvador President Nayib Bukele made the controversial decision to make Bitcoin legal tender in his country, many people were skeptical and concerned about the potential risks.  Bukele announced on Twitter that the country would purchase one Bitcoin (CRYPTO: BTC) each day starting Nov...

El Salvador President Nayib Bukele wished filmmaker Max Keiser by gifting him a special Bitcoin (CRYPTO: BTC) birthday cake. What Happened: Bukele on Tuesday tagged financial rating agency Fitch on Twitter and asked them to downgrade the rating of El Salvador as it purchased a Bitcoin cake for...