City San Salvador Financial News
17.05 / 12:57
business
Lightning Network
lightning
Bitcoin
Bukele
Bitcoin, Bukele and a bevy of central bankers meet in El Salvador
This week, 44 central bankers from developing countries around the world are attending a conference in El Salvador to discuss financial inclusion, financing for small and medium-sized businesses and Bitcoin (BTC).
21.06 / 11:04
Reuters
Airlines
President
show
country
travelers
Interviews
A new $72,000 migrant smuggling route to the US starts with a charter flight, and many Indians are waiting to board
Salvadoran officials refused to connect the jet bridge to allow the roughly 300 passengers, all Indian nationals, to disembark, according to three former crew members on the flight who spoke to Reuters on condition of anonymity. Several passengers told the cabin crew they planned to travel onward to Mexico and cross the border there illegally into the U.S., one crew member said. Others said they were going on vacation to the Mexican border city of Tijuana, another crew member said.
03.06 / 05:45
El Salvador’s President Nayib Bukele Sworn in for Second Term
El Salvador’s crypto-friendly President Nayib Bukele, 42, is set to govern for another five years taking near-total control of parliament.
01.06 / 19:39
UPS
security
President
country
Latin
Department
Courts
US dampens criticism of El Salvador's president as migration overtakes democracy concerns
Nayib Bukele, on a trip to Washington, snubbing the self-proclaimed “world's coolest dictator" for fear a photo op would embolden his attempts to expand his power base. A little more than three years later, it's the United States that's courting Bukele. A high-level delegation led by U.S.
20.03 / 08:09
cryptocurrency
Bitcoin
bitcoin beach
El Salvador's 'Bitcoin Beach' cheers cryptocurrency surge
El Salvador nicknamed "Bitcoin Beach," shopkeeper Maria Aguirre watched with delight as the cryptocurrency — and her investment in it — recently soared to new all-time highs. The digital currency that she acquired four years ago for $2,200 is now worth around $19,000, she said.
23.12 / 20:18
Citi
President
country
El Salvador court orders arrest of former president for cover-up of massacre
SAN SALVADOR (Reuters) — A local court in El Salvador has ordered the arrest of former President Alfredo Cristiani for the alleged cover-up of the 1981 El Mozote massacre during the Central American country's civil war that lasted twelve years.
28.11 / 01:19
08.08 / 13:23
Adoption
data
Bitcoin
Bitcoin phone home: Use crypto to buy sim cards in 140 countries with Bitrefill
A partnership between crypto e-commerce platform Bitrefill and eSIM Go enables crypto users to buy eSIMs in 140 countries worldwide.
03.01 / 14:49
Asia
ATM
Bitcoin
Australia Now Home to More Crypto ATMs Than El Salvador – How Does This Impact Adoption?
The number of crypto ATM machines in Australia has hit new highs over the past four months, surpassing El Salvador, the country where bitcoin (BTC) is legal tender. What's more, two other countries overtook El Salvador: Spain and Poland.
23.03 / 10:23
cryptocurrency
Bitcoin
Backed
El Salvador Postpones Bitcoin-Backed Bond Issue, Expects Better Situation
El Salvador became the first country in the world to adopt bitcoin as legal tender last year.
05.01 / 17:35
Law
Bitcoin Payments
Bitcoin
El Salvador: How it started vs. how it’s going with the Bitcoin Law in 2021
Before June 2021, news regarding Nayib Bukele was likely not even a blip on many crypto users’ radar screens. The Salvadoran president instead made headlines for allegations of corruption and dictator-like behavior after his party’s congressional majority sacked five members of the country’s Supreme Court and its attorney general.
13.12 / 18:55
Bitcoin
US ‘Could Hit El Salvador’s Chivo Bitcoin Wallet with Sanctions,’ Claims NGO
The United States could impose sanctions on El Salvador’s Chivo bitcoin (BTC) wallet, the human rights organization Cristosal has speculated.
29.10 / 13:21
cryptocurrency
Volcanoes
Bitcoin
Volcanic energy is creating Bitcoin in El Salvador
Despite being a small country, Salvador is home to 30 volcanoes, among which 20 are potentially active.
latest developments in city San Salvador
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