News
The Central American country has continued its daily Bitcoin investments despite a non-accumulation deal struck with the IMF in December 2024.
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Latest El Salvador News
El Salvador is a small Central American country bordered by Honduras, Guatemala and the Pacific Ocean. In September 2021, El Salvador made a significant move in the crypto world when it became the first country to make Bitcoin legal tender.
This innovative move aligns with plans to utilize geothermal energy for cryptocurrency mining, issue “Volcano Bonds” to fund Bitcoin infrastructure and construct a “Bitcoin City” at the base of a volcano.
Despite facing international scrutiny and domestic concerns, El Salvador’s efforts position it as an emerging hub for blockchain technology through its cryptocurrency ventures.
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Panama should allow ships wanting to transit the Panama Canal to skip the line if they pay in Bitcoin, says Panama City Mayor Mayer Mizrachi.
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El Salvador’s Bitcoin Office bought more Bitcoin shortly after the IMF announced it had reviewed its loan deal with the country.
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The mayor of Panama City seemingly advocated for a city-level Bitcoin reserve in a mysterious post after meeting two of El Salvador’s Bitcoin policy leaders this week.
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Japanese investment firm Metaplanet now holds 6,796 Bitcoin, currently worth more than $700 million.
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The country continues to acquire more Bitcoin for its strategic reserve and has embraced technical innovation to fuel economic growth.
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The IMF’s non-accumulation agreement may leave room for Bitcoin accumulation through non-governmental entities, industry watchers told Cointelegraph.
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The financial regulator said El Salvador's National Commission on Digital Assets agreed to a collaborative sandbox pilot program.
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El Salvador announced a new AI collaboration with computer chip-making giant Nvidia, aiming to improve healthcare, education and infrastructure.
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El Salvador’s Bitcoin Law requires maintaining an AML program, recording company assets and implementing a cybersecurity system.
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Stablecoin firm Tether said it will direct its Bitcoin hashrate to Ocean's mining pool as part of its mission to make Bitcoin block building more decentralized.
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Despite leading pro-Bitcoin administrations, Trump and Bukele left crypto off the table during an April 14 White House meeting.
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Some Bitcoin advocates say that the cryptocurrency has gotten away from its roots as a payment instrument and has become more akin to digital gold.
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US President Donald Trump’s official memecoin rallied 12% after he called it “the greatest of all time” and another lucky solo miner has solved a Bitcoin block, netting a massive reward.
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El Salvador’s Bitcoin Office touted the CUBO AI program as the only public education initiative that leverages top-tier industry experts.
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