El Salvador Financial News

US Secretary of State Marco Rubio is set to visit Panama as part of his trip to Latin America, expected to begin late next week.

TORONTO — Scotiabank says it has signed a deal to sell its banking operations in Colombia, Costa Rica and Panama to Davivienda in exchange for a 20 per cent stake in the Colombian financial institution.

Stacy Herbert, El Salvador's national bitcoin office director, wrote on X that bitcoin would remain legal tender in the Central American country, and that the government would keep adding to its strategic reserves.

US Immigration and Customs Enforcement deported more than 270,000 people to 192 countries, including India, over a recent 12-month period, the highest annual tally in a decade, according to a report released Thursday that illustrates some of the financial and operational challenges that President-elect Donald Trump will face to carry out his pledge of mass deportations. ICE, the main government agency responsible for removing people in the country illegally, had 271,484 deportations in its fiscal year ended Sept 30, nearly double from 142,580 in the same period a year earlier. It was ICE's highest deportation count since 2014, when it removed 315,943 people. The highest it reached during Trump's first term in the White House was 267,258 in 2019. Increased deportation flights, including on weekends, and streamlined travel procedures for people sent to Guatemala, Honduras and El Salvador fuelled the increase, ICE said. The agency had its first large flight to China in six years and also had planes stop in Albania, Angola, Egypt, Georgia, Ghana, Guinea, India, Mauritania, Romania, Senegal, Tajikistan and Uzbekistan.

Subscribe to enjoy similar stories. The government of El Salvador’s President Nayib Bukele agreed to scale back his ambitious plan to adopt bitcoin as a national currency in exchange for a much-needed $1.4 billion loan by the International Monetary Fund.

Xi Jinping has reportedly declined Donald Trump's invitation to attend the upcoming presidential inauguration in Washington, D.C. No explanation has been provided by Chinese officials regarding Xi Jinping's decision not to attend the inauguration. This decision comes as a significant blow to Trump's plans for a spectacular swearing-in event on January 20th, which he had hoped would turn into a global spectacle. According to State Department records, this would have marked the first time a foreign head of state has ever attended a U.S. presidential inauguration.

President-elect Donald Trump has made another flurry of job announcements

Vancouver could move to integrate bitcoin into city finances in the slipstream of the digital token’s surge to an all-time high above US$100,000, a rally fuelled by U.S. President-elect Donald Trump’s support for crypto.

El Salvador's President Nayib Bukele is triumphant about his big bet on bitcoin as the cryptocurrency reached historic highs, surpassing $100,000 for the first time

The refugee organization, the International Rescue Committee, is testing some artificial intelligence tools to try to increase the number of displaced people they can reach with critical information

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Nayib Bukele met in the United States on Friday with tech billionaire Elon Musk to discuss artificial intelligence and other topics, after which the pair piled on mutual praise. «It was a pleasure to spend several hours talking with one of the great minds of our time @elonmusk,» Bukele said on X, the social network owned by Musk. The Salvadoran president posted a short video showing Musk receiving him at his gigafactory plant in Austin, Texas, where batteries for Tesla electric cars are manufactured.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...