Alejandro Zelaya News

07.09 / 14:53

Adoption regulation Bitcoin El Salvador celebrates Bitcoin anniversary: A year of ups and downs

Sept. 7, 2022 marks exactly one year since El Salvador became the first country in the world to adopt Bitcoin (BTC) as legal tender by enforcing the Bitcoin Law.

15.07 / 17:35

Latin America JPMorgan Bitcoin Bukele El Salvador Finance Chief Says USD 800M Debt Default Won’t Happen, Bukele Says BTC Is 'Inevitable'

El Salvador’s finance minister says he is unworried by international markets forecasters’ predictions that the country will default on USD 800 million bond payments early next year.

14.06 / 17:41

Investing economics Bitcoin El Salvador’s Finance Minister ‘Laughs off’ Claims of USD 40M Bitcoin ‘Losses’

El Salvador’s Minister of Finance Alejandro Zelaya says he is “laughing off” international media reports that claim the nation’s bitcoin (BTC) adoption plans could scupper the economy and that they have left a USD 40 million hole in national finances.

14.06 / 16:41

defi Bitcoin Bitcoin Price NOT El Salvador 'has not had any losses' due to Bitcoin price dive, finance minister says

Alejandro Zelaya, the minister of finance of El Salvador, reacted to the recent media attacks on the nation’s strategy of investing in Bitcoin (BTC) by calling the allegations of fiscal risks “extremely superficial.”

14.06 / 15:43

Ethereum cryptocurrency Bitcoin Low week Bitcoin tumbles to 52-week low; El Salvador minister unperturbed

Prices of Bitcoin, the world’s largest cryptocurrency by market capitalisation, briefly slipped below $21,000, its 52-week low.

03.06 / 05:31

South America bonds Bitcoin rights Bitcoin bond still on hold, El Salvador accused of human rights violations

El Salvador’s finance minister Alejandro Zelaya has said the country will further delay launching its anticipated billion dollar Bitcoin (BTC) bond citing price volatility and uncertain market conditions resulting from the ongoing Russo-Ukrainian war.

04.05 / 23:09

Investing Bitcoin Bitcoin price rise El Salvador Finance Minister: We’re Waiting for Bitcoin Price Rise Before Issuing BTC Bonds

The Salvadoran government is “waiting for a bitcoin (BTC) price rise” before releasing its long-awaited BTC bonds, the nation’s finance minister has claimed.

01.04 / 06:58

markets Adoption Loans Bitcoin Financial Michael Saylor: Financial markets are ‘not quite ready’ for Bitcoin bonds

MicroStrategy CEO and Bitcoin permabull, Michael Saylor believes that traditional financial markets aren’t quite ready for Bitcoin-backed bonds.

31.03 / 14:25

MicroStrategy Bitcoin Backed NOT Financial Financial Markets Not Ready for Bitcoin-Backed Bonds – MicroStrategy CEO

The financial markets of the world are not ready for bonds backed by bitcoin (BTC) yet, according to the CEO of the enterprise software firm MicroStrategy, Michael Saylor. However, El Salvador’s planned “volcano bonds” could be a different story.

27.03 / 12:37

Blockchain Binance Software Bitcoin NOT El Salvador’s Bitcoin law and why it may not be a happy half-birthday

A number of crypto-investors, analysts, and even several governments thought that El Salvador would lead the international community in the mass adoption of Bitcoin. However, reactions have been mixed since the flagship coin was first recognized as legal tender six months ago.

25.03 / 05:43

Binance Bitfinex Blockstream Bitcoin Bukele President Bukele hits out at Bitcoin Bond 'FUD' as CZ jets in to El Salvador

El Salvador President Nayib Bukele took to Twitter on Wednesday evening, hitting out at a Reuters report claiming Binance CEO Changpeng Zhao (CZ) was flying in to save El Salvador’s Bitcoin Bond.

24.03 / 04:59

Dogecoin cryptocurrency Cardano Bitcoin Top cryptocurrency prices today: Bitcoin, Dogecoin, Polkadot, Cardano jump up to 7%; Avalanche drops 5%

Polkadot and Cardano leading the gainers in the last 24 hours. Bitcoin, the largest crypto by market value, was trading 1.07 per cent higher at $42,366. It is up 3.58 per cent in the last seven sessions. Ethereum edged 0.3 per cent higher at $2,978.58. The second largest cryptocurrency by market value has risen 11 per cent in the last one week. BNB added 0.72 per cent, USD Coin gained 0.02 per cent while XRP declined 1.95 per cent. Terra also fell 1.68 per cent to $93.42.

23.03 / 12:51

business Government Adoption Bitcoin El Salvador postpones Bitcoin bonds to September: Report

The government of El Salvador has reportedly decided to postpone the issue of a Bitcoin (BTC)-backed bond due to the unfavorable market conditions fueled by the geopolitical crisis.

23.03 / 12:23

Adoption Investing Bitcoin El Salvador’s Bitcoin Bonds May Be Delayed Until September, Says Finance Chief

El Salvador could push its bitcoin (BTC) bond issuance back as far as September, the nation’s Finance Minister Alejandro Zelaya has admitted – but a more imminent issuance is still on the table.

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.

23.03 / 07:33

Ethereum cryptocurrency Bitcoin Cryptocurrency Prices Today on March 23: Bitcoin, Ethereum gain, cryptocurrency market trades in green

The global cryptocurrency market-capitalisation dipped 0.34 percent over the last 24 hours to stand at $1.91 trillion. Trading volumes also fell by 20.02 percent to $76.54 billion during this period.

21.03 / 21:09

Adoption Investing Bitcoin tracking ‘Developing Economies’ Tracking El Salvador’s Bitcoin Moves with Interest

Conventional financial managers are still skeptical about El Salvador’s prospects of launching a new economic paradigm on the back of a forthcoming bitcoin (BTC) bond issuance. But other nations may be looking to the Central American nation with keen interest – hopeful of following suit if El Salvador’s move to adopt BTC as legal tender last year pays dividends.In a report from the Financial Times, Kevin Daly, a portfolio manager at the investment company Abrdn, was quoted as stating that “much to our surprise,” the Salvadoran finance minister Alejandro Zelaya had “said he had demand for up to USD 1.5bn for the bitcoin bonds” – which will be used to construct a new tax-free haven for international crypto advocates and pioneers.

21.03 / 17:09

regulation bonds Bitcoin El Salvador seems to delay its ‘volcano bonds’ launch

Considering the absence of any official announcements, El Salvador’s government seems to have delayed the launch date of the so-called “volcano bonds.” Earlier, Salvadoran Finance Minister Alejandro Zelaya had been reassuring the public that the project would start by March 20.

14.03 / 15:23

Adoption Ukraine war Bitcoin Ukraine War Throws Timing of El Salvador’s Bitcoin Bond Debut into Doubt

El Salvador may launch its sovereign bitcoin (BTC) bonds as early as tomorrow – but the war in Ukraine may cause disruption to the plans of the President Nayib Bukele-led government.

10.02 / 13:03

Digital Strategy Fitch Bitcoin El Salvador to Elevate Bitcoin Status by Issuing Bonds

El Salvador is planning to issue its first bitcoin bond next month, the Central American country's Finance Minister Alejandro Zelaya announced.

06.02 / 12:31

Tesla Snapchat Bitcoin Drop week Tech this week: El Salvador rejects IMF call to drop Bitcoin use and Snap shares surge 50%

The government of El Salvador on Monday rejected a recommendation by the International Monetary Fund (IMF) to drop Bitcoin as legal tender in the Central American country.

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