Nayib Bukele News

23.11 / 16:07

Strategy Backed El Salvador To Build World's 1st "Bitcoin City" With Money From $1 Billion Bitcoin-Backed Bond

El Salvador plans to build the world's first "Bitcoin City" with money from a $1 billion bitcoin-backed bond the country's President Nayib Bukele said on Saturday.

23.11 / 11:21

Bitcoin news Bitcoin Price Backed El Salvador plans first 'Bitcoin City', backed by bitcoin bonds

El Salvador plans to build the world's first "Bitcoin City", funded initially by bitcoin-backed bonds, President Nayib Bukele said on Saturday, doubling down on his bet to harness the crypto currency to fuel investment in the Central American country. Speaking at an event closing a week-long promotion of bitcoin in El Salvador, Bukele said the city planned in the eastern region of La Union would get geothermal power from a volcano and not levy any taxes except for value added tax (VAT).

22.11 / 19:59

Citi El Salvador to build 'Bitcoin City'

Now, president Nayib Bukele has set out his vision for Bitcoin City - complete with residential and commercial areas and an airport - in the eastern region of La Union.

22.11 / 12:59

Adoption community Bitcoin El Salvador’s Bitcoin City, BTC Bonds Plans Met With Mixed Reaction

El Salvador’s government has announced plans to build a carbon-neutral, income tax-free, bitcoin (BTC)-themed city at the base of a volcano where will be mining the token using geothermal power. And its plans to use a new USD 500m bitcoin bond plan to fund the new project have been met with a mixture of positivity and scorn by the crypto community.

22.11 / 08:55

cryptocurrency El Salvador to build cryptocurrency-fueled "Bitcoin City"

In a rock concert-like atmosphere, El Salvador President Nayib Bukele announced that his government will build an oceanside Bitcoin City at the base of a volcano.

22.11 / 05:01

El Salvador plans $1 billion in tokenised Bitcoin bonds

El Salvador intends to issue the world’s first sovereign Bitcoin bonds and build Bitcoin City, which will be free of income, property and capital gains taxes, President Nayib Bukele announced in the beach town of Mizata to a crowd of cheering Bitcoin enthusiasts. El Salvador plans to issue $1 billion in tokenized US-dollar denominated 10-year bonds to pay 6.5% via the Liquid Network, according to Samson Mow, chief strategy officer of Blockstream.

21.11 / 20:49

cryptocurrency Volcanoes Bitcoin Bitcoin City: El Salvador plans world's first city built with crypto bonds and powered by volcano

El Salvador plans to build the world's first "Bitcoin City," funded initially by Bitcoin-backed bonds, President Nayib Bukele said on Saturday.

21.11 / 19:29

cryptocurrency Bitcoin El Salvador president plans 'Bitcoin City' financed by crypto bonds

President Nayib Bukele said El Salvador plans to build the world's first "Bitcoin City", powered by a volcano and financed by cryptocurrency bonds.

21.11 / 12:49

Citi El Salvador Plans World's First Bitcoin City

El Salvador plans to build world's first Bitcoin city

21.11 / 09:51

business Blockchain Adoption Bitcoin Backed El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds

El Salvador continues to lead the Bitcoin (BTC) adoption drive as President Nayib Bukele announces the launch of Bitcoin City, which will be funded initially by $1 billion Bitcoin bonds.

03.11 / 07:43

BTC Bitcoin Schools El Salvador to build 20 'Bitcoin Schools' with surplus from Bitcoin Trust

The government of El Salvador is embarking on its next Bitcoin-related project which involves building schools using profits the nation has made on the asset.

28.10 / 13:22

UPS BTC Bitcoin Bitcoin: El Salvador just blazed its way to acquire another 420 BTCs

The president of El Salvador, Nayib Bukele, is on a Bitcoin buying spree. And, it’s showing no signs of ending anytime soon. His government made the most of the latest Bitcoin dip by adding 420 BTCs to its treasury earlier today, according to a tweet by Bukele. It said,

28.10 / 11:03

Adoption Latin America Bitcoin Bukele Bullish Bukele Buys Bitcoin ‘Dip,’ Snapping up BTC 420

As bitcoin (BTC) prices fell below the USD 60,000 mark, the El Salvadoran President Nayib Bukele has doubled down on his bitcoin adoption drive by snapping up BTC 420 (USD 25m).

28.10 / 04:53

Adoption Bitcoin El Salvador buys a smokin' hot 420 more Bitcoin

The President of El Salvador, Nayib Bukele tweeted earlier today that his government has taken advantage of the recent Bitcoin price drop and added 420 additional BTC to the nation’s stash.

27.10 / 22:11

Latin America Bitcoin Buoyant Bitcoin Prices Met with Silence by El Salvador’s Anti-BTC Critics

As bitcoin (BTC) prices continue to hover around the USD 60,000 mark, a kind of hush has fallen over much of the El Salvador mainstream media – most of which is vehemently opposed to both President Nayib Bukele and his bitcoin adoption drive.

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