Nayib Bukele
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IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure
IMF spokesperson Julie Kozack has said that El Salvador should narrow the scope of the Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.
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El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants
Over 80,000 Salvadoran civil servants are set up to be trained in efficiently using Bitcoin-related technology and upon completion of the training, these officials will be provided with a certification.
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Who Is Nayib Bukele, El Salvador's Unapologetic "Dictator"
El Salvador's gang-busting President Nayib Bukele, who claimed reelection with an overwhelming majority Sunday, has sarcastically embraced the moniker of "dictator" and breezily shrugs off criticism of human rights transgressions.
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El Salvador's Nayib Bukele, "World's Coolest Dictator", Claims Reelection Win
Fireworks erupted in El Salvador's capital Sunday as gang-busting President Nayib Bukele claimed to have won reelection with more than 85 percent of votes cast: "a record in the entire democratic history of the world."
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Binance Gets Fully Licenced in Pro-Bitcoin El Salvador Amid Tussle with US SEC
Binance is now a fully licenced crypto exchange in El Salvador. The licences were approved by the Salvadoran Central Reserve Bank and the National Commission of Digital Assets. With this, Binance will be able to offer Salvadoran residents with an array of crypto services, which the other exchanges operating there do not offer for now.
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Bitcoin Usage in El Salvador Down from Last Year, Crypto Remittances Drop by 18 Percent
Data from the Salvadoran Central Reserve Bank (BCR) has revealed that BTC-based remittances have slipped by 17.8 percent around January and February this year. In the first two month of 2022, El Salvador had bagged $19.45 million (roughly Rs. 160 crore) in remittances received as Bitcoin tokens. Whereas this year, during the same months, the amount...
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"Won't Be Able To Do Any More Harm": El Salvador Moves Thousands Of Criminals To Mega Prison
In El Salvador, thousands of gang members have been moved to a new "mega jail" as part of an ongoing campaign against crime that has caused the prison population to soar.
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El Salvador Approves Bitcoin Bonds Bill, Will Legalise Bitcoin-Backed 'Volcano Bond'
El Salvador has officially legitamised Bitcoin bonds, in order to raise funds to repay the nation’s debts as well as bring in capital to fuel the construction of Nayib Bukele’s ambitions ‘Bitcoin City’. The domestic securities law, that had been making the rounds in the Salvadoran parliament for a while now, bagged 62 votes from the legisla...
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El Salvador Deploys 10,000 Troops To Gang-Run Suburb In Capital City
El Salvador's President Nayib Bukele announced Saturday the deployment of 10,000 security forces to a suburb of San Salvador known to be a stronghold for gangs.
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El Salvador to Set Up ‘National Bitcoin Office’: All You Need to Know
A new ‘National Bitcoin Office (ONBTC)’ has been set up in El Salvador to monitor all BTC-related activities in the country. The organisation will operate as a dedicated administrative unit to monitor local crypto projects there. Rolling out educational plans on crypto for locals and scheduling BTC-related partnership meetings for President Buk...
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El Salvador Moves Closer Towards Raising $1 Billion Through First Bitcoin Volcano Bonds
El Salvador Minister of the Economy Maria Luisa Hayem Brevé has submitted a Digital Assets Issuance bill. The lengthy document outlines the formal expansion of a legal framework for the adoption of all cryptocurrencies in El Salvador.
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El Salvador to Buy One BTC Per Day, President Nayib Bukele Tweets Plan
Nayib Bukele, via Twitter, declared that starting Friday, November 18, El Salvador will purchase one Bitcoin per day. Bukele’s announcement comes a few weeks after its BANDESAL state bank refused to give away the details on the nation’s BTC purchases to a non-governmental anti-corruption bureau.
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El Salvador’s Secrecy Around BTC-Related Info Raises Suspicions, Details Here
El Salvador’s state bank BANDESAL has refused to share details of the country’s current BTC holdings. The information was requested by ALAC El Salvador — a non-governmental anti-corruption bureau. El Salvador’s secrecy around its BTC possessions could be a way to shield its government from criticism for exposing its public to major financia...
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El Salvador to Host Bitcoin Conference, More Than 40 Countries Invited
President Nayib Bukele wants to lure developing countries into adopting Bitcoin via a three-day conference that will be held in El Salvador this week.
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El Salvador President Nayib Bukele Reveals Images of 'Bitcoin City' Scale Model on Twitter
President of El Salvador Nayib Bukele released a model of Bitcoin City after announcing the bitcoin nation-state had bought the dip. The first pictures released showcase a city with a Bitcoin centerpiece and a caption from Bukele stating that work on the 'Bitcoin City' is coming along beautifully.
-
IMF Asks El Salvador to Narrow Scope of Bitcoin Law, Limit Public Exposure
IMF spokesperson Julie Kozack has said that El Salvador should narrow the scope of the Bitcoin law, strengthening the regulatory framework and oversight of the Bitcoin ecosystem, and limiting public sector exposure to Bitcoin.
-
El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants
Over 80,000 Salvadoran civil servants are set up to be trained in efficiently using Bitcoin-related technology and upon completion of the training, these officials will be provided with a certification.
-
Who Is Nayib Bukele, El Salvador's Unapologetic "Dictator"
El Salvador's gang-busting President Nayib Bukele, who claimed reelection with an overwhelming majority Sunday, has sarcastically embraced the moniker of "dictator" and breezily shrugs off criticism of human rights transgressions.
-
El Salvador's Nayib Bukele, "World's Coolest Dictator", Claims Reelection Win
Fireworks erupted in El Salvador's capital Sunday as gang-busting President Nayib Bukele claimed to have won reelection with more than 85 percent of votes cast: "a record in the entire democratic history of the world."
-
Binance Gets Fully Licenced in Pro-Bitcoin El Salvador Amid Tussle with US SEC
Binance is now a fully licenced crypto exchange in El Salvador. The licences were approved by the Salvadoran Central Reserve Bank and the National Commission of Digital Assets. With this, Binance will be able to offer Salvadoran residents with an array of crypto services, which the other exchanges operating there do not offer for now.
-
Bitcoin Usage in El Salvador Down from Last Year, Crypto Remittances Drop by 18 Percent
Data from the Salvadoran Central Reserve Bank (BCR) has revealed that BTC-based remittances have slipped by 17.8 percent around January and February this year. In the first two month of 2022, El Salvador had bagged $19.45 million (roughly Rs. 160 crore) in remittances received as Bitcoin tokens. Whereas this year, during the same months, the amount...
-
"Won't Be Able To Do Any More Harm": El Salvador Moves Thousands Of Criminals To Mega Prison
In El Salvador, thousands of gang members have been moved to a new "mega jail" as part of an ongoing campaign against crime that has caused the prison population to soar.
-
El Salvador Approves Bitcoin Bonds Bill, Will Legalise Bitcoin-Backed 'Volcano Bond'
El Salvador has officially legitamised Bitcoin bonds, in order to raise funds to repay the nation’s debts as well as bring in capital to fuel the construction of Nayib Bukele’s ambitions ‘Bitcoin City’. The domestic securities law, that had been making the rounds in the Salvadoran parliament for a while now, bagged 62 votes from the legisla...
-
El Salvador Deploys 10,000 Troops To Gang-Run Suburb In Capital City
El Salvador's President Nayib Bukele announced Saturday the deployment of 10,000 security forces to a suburb of San Salvador known to be a stronghold for gangs.
-
El Salvador to Set Up ‘National Bitcoin Office’: All You Need to Know
A new ‘National Bitcoin Office (ONBTC)’ has been set up in El Salvador to monitor all BTC-related activities in the country. The organisation will operate as a dedicated administrative unit to monitor local crypto projects there. Rolling out educational plans on crypto for locals and scheduling BTC-related partnership meetings for President Buk...
-
El Salvador Moves Closer Towards Raising $1 Billion Through First Bitcoin Volcano Bonds
El Salvador Minister of the Economy Maria Luisa Hayem Brevé has submitted a Digital Assets Issuance bill. The lengthy document outlines the formal expansion of a legal framework for the adoption of all cryptocurrencies in El Salvador.
-
El Salvador to Buy One BTC Per Day, President Nayib Bukele Tweets Plan
Nayib Bukele, via Twitter, declared that starting Friday, November 18, El Salvador will purchase one Bitcoin per day. Bukele’s announcement comes a few weeks after its BANDESAL state bank refused to give away the details on the nation’s BTC purchases to a non-governmental anti-corruption bureau.
-
El Salvador’s Secrecy Around BTC-Related Info Raises Suspicions, Details Here
El Salvador’s state bank BANDESAL has refused to share details of the country’s current BTC holdings. The information was requested by ALAC El Salvador — a non-governmental anti-corruption bureau. El Salvador’s secrecy around its BTC possessions could be a way to shield its government from criticism for exposing its public to major financia...
-
El Salvador to Host Bitcoin Conference, More Than 40 Countries Invited
President Nayib Bukele wants to lure developing countries into adopting Bitcoin via a three-day conference that will be held in El Salvador this week.
-
El Salvador President Nayib Bukele Reveals Images of 'Bitcoin City' Scale Model on Twitter
President of El Salvador Nayib Bukele released a model of Bitcoin City after announcing the bitcoin nation-state had bought the dip. The first pictures released showcase a city with a Bitcoin centerpiece and a caption from Bukele stating that work on the 'Bitcoin City' is coming along beautifully.
