El Salvador


Deputy of El Salvador’s Opposition Party Sues Country Over Bitcoin Law

One plaintiff says El Salvador's president failed to consider the law's harmful effects.

News  ·  22 June 2021

Strike Is Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says

“Tether is no longer a part of anything,” Jack Mallers said on the “What Bitcoin Did” podcast.

Business  ·  21 June 2021

El Salvador Doesn’t Need a Bitcoin Mandate

The Bukele administration should consider not enforcing, or eliminating, Article 7 of its new law. Let Bitcoin flourish on its own merits.

Policy & regulation  ·  18 June 2021

World Bank Denies El Salvador’s Request for Technical Assistance on Bitcoin

The financial institution cited environmental concerns.

News  ·  17 June 2021

Panama to Present Crypto-Related Bill in July

Following El Salvador, opposition politician Gabriel Silva says he is seeking consensus to make cryptocurrency legal tender in Panama.

News  ·  16 June 2021

Diputado panameño presentará en julio un proyecto de ley enfocado en criptomonedas

Tras lo ocurrido en El Salvador, el político opositor Gabriel Silva dice estar buscando consensos para promover que sean de curso legal y atraer empresas del sector.

Policy & regulation  ·  16 June 2021

Adopting Bitcoin as Legal Tender Could Ruin El Salvador’s Economy, Economist Says

Bitcoin holders elsewhere could suck up all the dollars in El Salvador "like a vacuum cleaner."

News  ·  16 June 2021

On the Road: A Lesson About Open Access and Bitcoin

Capital can mean a source or flow. What type of world will flow from bitcoin?

People  ·  15 June 2021
El Salvador

Central American Development Bank Forms Technical Group for El Salvador Bitcoin Bill

The government requested a consultancy from the Central American Bank for Economic Integration (CABEI).

News  ·  14 June 2021

Money Reimagined: Bitcoin’s Green Savior?

El Salvador's move to make bitcoin legal tender offers an opportunity to prove that cryptocurrency can power renewable energy development, says CoinDesk's chief content officer.

Policy & regulation  ·  11 June 2021

The Node: The Dawn of Bitcoin Geopolitics

Latin American leaders have faced decades of repression by the United States. Bitcoin gives them a way to fight back.

Policy & regulation  ·  11 June 2021

Making Bitcoin Legal Tender in El Salvador an ‘Interesting Experiment,’ Central Banking Official Says

At the same time, the BIS executive cast doubts on the cryptocurrency as a "means of payment."

News  ·  11 June 2021

El Salvador’s Bitcoin Bill Raises ‘Issues’: IMF Spokesperson

Gerry Rice said El Salvador's plan to adopt bitcoin as legal tender raises "macroeconomic, financial and legal issues."

Policy & regulation  ·  10 June 2021
Bitcoin Mining

Volcano-Powered Bitcoin Mining Goes From Twitter Idea to State Policy in El Salvador

President Nayib Bukele is moving on multiple fronts to make El Salvador an unlikely bitcoin mecca.

Policy & regulation  ·  9 June 2021

El congreso de El Salvador aprobó el uso de bitcoin como moneda legal

Una supermayoría de la legislatura de ese país votó a favor de la adopción del bitcoin como moneda de curso legal en la madrugada del miércoles.

News  ·  9 June 2021