El Salvador News

Developing economies are more affected by issues related to remittances and inflation, BitMEX’s CEO said.

Salvadoran President Nayib Bukele said no Bitcoin will be sold to fund the investment, with the state instead drawing USD from its Bitcoin trust.

Arcane Research says that Lightning Network usage has been on a steep upward trajectory since late last year, but in September, growth went parabolic off the back of El Salvador’s Bitcoin adoption.

El Salvador is looking to bolster adoption of its government-issued Chivo Bitcoin wallet by offering discounts on petrol purchases of $0.20 per gallon to consumers who pay using BTC.

Bitcoin ATMs are becoming increasingly ubiquitous, especially in North America, offering compelling evidence of growing adoption.

El Salvador’s president showed the supposed first steps of a geothermal Bitcoin mining facility.

On Sept. 6, El Salvador became the first country to adopt BTC as legal tender, attracting both praise and criticism from the global community.

A new survey suggests that most Salvadorans still don't have a clear understanding of Bitcoin or crypto.

Gary Gensler gets grilled on Capitol Hill as crypto looms large on national political agendas from Cuba to South Korea.

El Salvador didn’t miss the chance to buy the dip as Bitcoin’s price fell back to $45,000 after a bullish week.

A fresh BTC price dip to $45,000 clashes with bullish forecasts across the board as Bitcoin traders lie in wait for an October rebirth.

The Salvadoran government has installed over 200 ATMs in September after adopting Bitcoin as a legal tender.

S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating.

The Chivo machine could be seen defaced with anti-BTC logos and a sign saying “democracy is not for sale.”

El Salvador’s state Bitcoin wallet has continued facing major issues one week after its official rollout.