Nayib Bukele

Moody’s Lowers El Salvador Rating, Maintains Negative Outlook Partly Due to Bitcoin Law

The rating agency said that the law and other policy decisions had “weakened governance” and increased tensions with other countries.

News  ·  31 July 2021

El Salvador May Issue Its Own Stablecoin: Report

El Salvador President Nayib Bukele's brothers reportedly presented the plan to foreign investors.

News  ·  17 July 2021
Bitcoin Law

El Salvador’s Bitcoin Law Effective September, E-Wallets to Get $30 Worth of Crypto

President Nayib Bukele made the announcement during a national address on Thursday.

News  ·  25 June 2021

Article 7 and Bitcoin’s Latin American Coup

El Salvador's Bitcoin Law will make BTC a compulsory currency and create costs for everyday taxpayers – hardly an advancement for freedom or free money.

Policy & regulation  ·  24 June 2021

Bukele’s Bitcoin Blunder for El Salvador

Preached as a way to support an underbanked population, bitcoin will increase fees and risks for Salvadorans.

Policy & regulation  ·  23 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 Salvador Legislature Indicates Favor Toward President’s Bitcoin Bill

The government would also create a trust that would enable the “instantaneous convertibility of bitcoin to dollars,” the bill said.

Policy & regulation  ·  9 June 2021

El Salvador Adopts Bitcoin: Hype or History in the Making?

What does it mean for a country like El Salvador to adopt bitcoin as "legal tender"? It depends on whom you ask, says our columnist.

Policy & regulation  ·  8 June 2021

Bitcoin’s ‘Authoritarian Hipster’

El Salvador's Nayib Bukele has built a career by courting the vulnerable while attacking the establishment. Now he wants bitcoin as legal tender.

People  ·  7 June 2021