Nayib Bukele

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.

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.

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.

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 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.

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...

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 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'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.

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 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.

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 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...

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.

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 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.

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.

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.

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 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.

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...

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 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'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.

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 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.

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 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...

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.

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.