Nayib Bukele News

25.11 / 00:58

BTC Digital Mobile MicroStrategy President Bitcoin track Financial Bitcoin as Legal Tender: El Salvador’s Risky Financial Maneuver Struggles to Pay Off

More than two years after implementing Bitcoin (BTC) as legal tender, El Salvador’s big crypto bet is still struggling to bear fruit.

20.11 / 21:55

Citi President Bitcoin country Bitcoin Regains $37,000 As Argentina Elects Pro-Bitcoin President

On Sunday, the Libertarian Party's Javier Milei was elected as the new president of Argentina.Milei has spoken positively about bitcoin in the past, and the price of the crypto asset rose to roughly $37,500 as Milei's opponent in the runoff election conceded defeat.

08.11 / 10:35

Adoption Lightning Network ATM CoinATMRadar El Salvador Bitcoin ATM network to receive Lightning Network upgrade

Athena Bitcoin, the company operating a state-owned chain of crypto ATMs in El Salvador, plans to integrate the Lightning Network into 100 of these machines in the next couple of months.

30.10 / 10:21

Election Bitcoin 2024 El Salvador’s Pro-Bitcoin President Registers for Re-election in 2024

El Salvador’s President, Nayib Bukele has formally filed for re-election in next year’s polls, a move critics say is against the country’s constitution.

30.10 / 07:47

Ripple CEO Action President Bitcoin reports elon Bitcoin Price Prediction: Joyous Elon Musk Tweet Fuels Crypto Enthusiasm

In the world of cryptocurrency, excitement continues to ripple through the market as Bitcoin holds steady at $34,274, registering a 0.75% increase on this Monday.

30.10 / 03:09

business Government Adoption Bitcoin Elections Bukele El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid

El Salvador president Nayib Bukele has filed paperwork to be re-elected in the country’s upcoming 2024 presidential election in February.

27.10 / 09:25

Airlines President country reports travelers Indian will now have to pay over Rs 94,000 in tax when traveling to El Salvador

El Salvador has introduced a $1,000 (Rs 83,240) fee for passengers traveling from Africa or India as part of its efforts to address irregular migration through the Central American nation, according to a Bloomberg report. The decision, announced by El Salvador's port authority on October 20, mandates that individuals using passports from India or more than 50 African nations will be subject to this fee. The collected funds are earmarked for the enhancement of the country's primary international airport.

27.10 / 05:13

Airlines WhatsApp President country travelers El Salvador charges a $1,000 fee on travellers from India and Africa to combat migration to the US

passports from India or any one of more than 50 African nations will be obliged to pay the fee, El Salvador’s port authority said in a statement on its website dated October 20. The money raised will be used to improve the nation’s main international airport, the authority added. El Salvador President Nayib Bukele this week met Brian Nichols, US assistant secretary of state for Western Hemisphere affairs, to discuss “efforts to address irregular migration," among other topics.

25.10 / 11:17

Citi BTC economy President Bitcoin Bukele El Salvador Town Tires of Waiting for Bukele, Will Build ‘Real Bitcoin City’

An El Salvador town has grown tired of waiting for President Nayib Bukele to build Bitcoin City – and will instead build its own “Bitcoin City” project “a few kilometers away.”

16.10 / 21:49

Bitcoin news El Salvador's Vice-President Attributes Country's Economic Rebirth to Bitcoin Adoption

In an interview with Forbes on Sunday, El Salvador's Vice-President Ulloa credited the nation's recent economic resurgence to its adoption of Bitcoin as legal tender.

19.09 / 08:51

country What will Indonesia look like after Jokowi leaves?

Correction (September 11th): A previous version of this article said that only Narendra Modi, India’s prime minister, comes close to Jokowi’s popularity. But there are leaders in smaller countries, such as El Salvador’s president, Nayib Bukele, who have achieved consistently higher approval ratings. We have changed the text to reflect that. © 2023, The Economist Newspaper Limited. All rights reserved. From The Economist, published under licence. The original content can be found on www.economist.com

11.09 / 09:37

Blockchain Landmark Tether Strategy Align Bitcoin country banking system Breaking: Bitcoin Enters Banking System, El Salvador's Cuscatlan and Agricola Accept it for Loans

El Salvador may be the most enthusiastic country to adopt Bitcoin. In addition to declaring it legal tender and investing in Bitcoin mining, the country now allows Bitcoin to serve as collateral for mortgages.

01.09 / 01:53

Citi Provident Adoption Bitcoin show US Bitcoiner Moves to El Salvador in Anticipation of ‘Bitcoin City’

El Salvador’s Bitcoin City has reportedly attracted its first international “resident,” with an American bitcoiner moving to the area where the city is being constructed.

30.08 / 09:57

business Government Blockchain Google Cloud Services Bitcoin Google Cloud Google Cloud to digitize El Salvador's governance, healthcare and education

Google Cloud announced a new partnership with the government of El Salvador on Aug. 29 to establish an office and provide Google Distributed Cloud (GDC) services in the country.

16.08 / 10:53

Blockchain Bitcoin Payments Bitcoin Regulation bonds Bitcoin Returns Bitcoin-friendly El Salvador sees bond returns soar to 70% in 2023

El Salvador, which adopted Bitcoin as legal tender in 2021, has seen its dollar bond outperform the majority of the emerging markets with a 70% return in 2023. The massive rally of the bond has now drawn interest from several institutional giants like JP Morgan, Eaton Vance and PGIM Fixed, prompting President Nayib Bukele to say, “I told you so.”

08.08 / 14:49

business Binance Latin America services Binance receives licenses to offer crypto services in El Salvador

Global cryptocurrency exchange Binance has reported being granted licensing to provide services to residents of El Salvador.

19.07 / 21:31

Citi Twitter Action country Department State Department sanctions 2 former Salvadoran leaders, dozens of officials in Central America

The State Department says it's imposing sanctions on two former Salvadoran presidents and dozens of other officials and judges in Central America

03.07 / 10:57

business Twitter Altcoin data Shiba Inu Crypto Twitter has a persistent 'fake followers' problem, data reveals

Despite changes introduced by Twitter management since Elon Musk’s takeover, the issue around fake followers remains a persistent problem. As many as 10% of the followers of accounts belonging to crypto influencers and companies are fake, new data from dappGambl has revealed.

23.06 / 06:15

Citi Provident BTC Adoption Dreams Work Underway on El Salvador’s ‘Bitcoin City Airport’

El Salvador has broken ground on the construction of an airport for its Bitcoin City project.

06.06 / 19:16

regulation Bitcoin Senators US Senators Express Concerns over El Salvador's Bitcoin Adoption – What's Going On?

El Salvador’s adoption of Bitcoin as a legal tender has caused concern among American lawmakers, who are calling for a risk report on the potential impact on bilateral economic relations and law enforcement cooperation.

06.06 / 16:37

Blockchain Adoption Tether Bitcoin Tether invests in El Salvador’s $1B renewable energy project

Stablecoin issuer Tether has announced that it will be partnering with Bitcoin-friendly nation El Salvador to invest in a planned $1 billion dollar renewable energy initiative.

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