El Salvador

News

El Salvador Amends Bitcoin Laws to Comply With IMF Deal

The legislative assembly of El Salvador has swiftly approved significant alterations to its unique national Bitcoin law following a $1.4 billion loan agreement with the International Monetary Fund (IMF).

Blockchain & Crypto

Cryptocurrencies as Legal Tender: Pros and Cons

While many countries in the world are shunning away from cryptocurrencies, banning them altogether or strictly limiting crypto opportunities, El Salvador and CAR have experimented with introducing Bitcoin as legal tender, and the small Caribbean nation of St. Maarten considered legalising TRON. Which approach is better and what are the benefits and drawbacks of adopting […]

Blockchain & Crypto

El Salvador Launches First-Ever Tokenized Asset Raise With Bitfinex Securities

Tokenized shares issued on the Bitcoin layer 2 Liquid Network will allow investors to earn a share in a new 4,500-square-foot Hampton by Hilton hotel in El Salvador.

News

Mastercard Reveals Fresh Remittance Insights

The new Mastercard report focuses on key trends and opportunities to digitize remittance transfers in Latin America and the Caribbean where cross-border money transfers grow by 10% annually.

Blockchain & Crypto

Crypto Users to Near 1B in 2024: Forecast

Given bullish market trends maintained their dominance in the near future, the number of crypto users could reach between 850 and 950 million in 2024, analysts predict.

News

El Salvador Expects to Fully Sell Out Bitcoin Freedom Visa by The End of 2023

Bitcoin Freedom Visa, a citizenship-by-donation program introduced by the government of El Salvador on Dec. 7, has received hundreds of inquiries since its launch.

News

El Salvador’s Dollar Bond Yields 70% Annual Return

El Salvador’s bond market has witnessed a strong rebound, despite the scepticism about the government’s decision to adopt Bitcoin as legal tender