El Salvador Archives

Millions of People in El Salvador Could Soon Receive Free Bitcoin

June 25, 2021

According to a report by Reuters, El Salvador President Nayib Bukele announced during a national address on Thursday (June 24) that the bill to make Bitcoin legal tender will become effective on September 7. ...

Bukele Teases Volcano-powered Bitcoin Mining Center as Exchange Arrives

June 23, 2021

Not everybody in El Salvador may be aboard the Bitcoin (BTC) boat – but the nation’s bullishly pro-BTC President Nayib Bukele appears set to press ahead with his crypto plans nonetheless, with an overseas exc...

World Bank Accused Of Ignorance & Hypocrisy As It Refuses to Help El Salvador

June 17, 2021

Commentators have accused the World Bank of hypocrisy and ignorance after it stated that it would not assist El Salvador and its President Nayib Bukele’s plan to create a bitcoin (BTC)-powered economy – claim...

Economists Want El Salvador Bitcoin Law Repealed, but President Wins Key Ally

June 15, 2021

El Salvador is edging ever closer to fulfilling its President Nayib Bukele’s Bitcoin (BTC) dreams – with external help on its way, although voices of disdain continue to warn of impending financial peril if B...