News
The IMF’s non-accumulation agreement may leave room for Bitcoin accumulation through non-governmental entities, industry watchers told Cointelegraph.
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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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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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President Nayib Bukele shows no sign of abandoning the BTC treasury strategy as Bitcoin continues to gain international legitimacy.
21614 - Analysis
El Salvador appeared to contradict a recent agreement with the IMF to cease public investment in Bitcoin.
3460 - Spotlight
As El Salvador struggles with Bitcoin adoption, Kyrgyzstan embraces a gold-backed stablecoin and organized blockchain strategy.
20516 - News
El Salvador President Nayib Bukele says the country will keep buying at least one Bitcoin a day, despite pressure from the International Monetary Fund.
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The IMF has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict BTC purchases by the public sector.
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Bitcoin-stacking Metaplanet bought at $96,185, while El Salvador bought at around $94,050 per Bitcoin.
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