Nayib Bukele News

20.04 / 11:23

IMF Bitcoin Deal Bukele IMF Deal ‘Dead’ and So Is Bitcoin Bond Issuance, Claim Bukele Critics

The former Governor of the Salvadoran central bank, the Central Reserve Bank, claims that negotiations with the International Monetary Fund (IMF) are “practically dead” – and says investors are “not interested” in the delayed bitcoin (BTC) bonds issuance President Nayib Bukele wants to use to pay for his Bitcoin City project.

12.04 / 22:07

Crime Tether Bitfinex Bitfinex, Tether Launch Bitcoin, USDT Donation Funds for Victims of El Salvador Gang Crime

The crypto exchange Bitfinex and the USDT issuer Tether have set up a crypto relief fund to aid the families of the people affected by the gang-related violence in El Salvador – although the government’s controversial crackdown on gang crime continues to intensify in the country.

08.04 / 09:27

Adoption Blockstream Bitcoin Samson Mow’s new company JAN3 helping build Bitcoin City in El Salvador

Samson Mow, former chief strategy officer of Blockstream and founder of Pixelmatic, said on Thursday that he has started a new company called JAN3 which will focus on accelerating Bitcoin adoption.

07.04 / 19:47

cryptocurrency Digital Bitcoin Deal Bitcoin entrepreneur Mow creates new company, inks El Salvador deal

Bitcoin entrepreneur Samson Mow on Thursday said he has created a new company called Jan3 focused on promoting bitcoin adoption, adding that the firm has signed a memorandum of understanding to develop digital infrastructure in El Salvador.

06.04 / 03:11

Adoption Crime Bitcoin Bukele Returns Bukele Returns to Miami Bitcoin Conference as Gangland Crackdown Takes Gruesome Turn

International bitcoiners will be turning their eyes to El Salvador again this week – but some are concerned that government’s aggressive recent crackdown on gang crime could undermine its standing in the bitcoin (BTC) community.

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 / 17:19

business Blockchain Adoption Bitcoin Vanuatu Prime Minister says yes to Satoshi Island crypto project

It’s not every day that a country’s leader endorses a cryptocurrency project. Nayib Bukele, the President of orange-pilled El Salvador, was the first leader to endorse Bitcoin (BTC).

25.03 / 12:35

Adoption Social Media Bitcoin Bitcoin Royalty Flock to Bukele’s Court as President Talks of ‘Short Delay’ to BTC Bonds

El Salvador’s President Nayib Bukele is playing host to a dazzling array of international bitcoiners – while also taking the time to “flex” on American Senators on Twitter.

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 / 18:19

Government Twitter Congress Bukele committee NOT ‘US Government does not stand for freedom’: Bukele reacts to US bill passing Senate committee

El Salvador president Nayib Bukele reacted to the news that the recently proposed Accountability for Cryptocurrency in El Salvador Act (ACES) had passed the U.S. Senate Foreign Relations Committee and will now head to a full Senate vote. The 40-year old national leader responded emotionally on Twitter:

24.03 / 14:13

Binance Bitcoin El Salvador Turns To Crypto Exchange Binance For Help On Bitcoin Adoption

El Salvador's adoption of bitcoin has been beset by public skepticism about the cryptocurrency.

24.03 / 10:57

Bitcoin news crypto news Bitcoin El Salvador turns to Binance for help on Bitcoin adoption

El Salvador is seeking support from cryptocurrency exchange Binance for its implementation of bitcoin as legal tender and the issuance of bitcoin bonds, the Central American country's ambassador to the United States said on Wednesday. Binance Chief Executive Officer Changpeng Zhao is visiting El Salvador and plans to meet President Nayib Bukele on Thursday, ambassador Milena Mayorga told reporters. Mayorga said Zhao's visit was a vote of confidence in Bukele's decision to adopt bitcoin as legal tender last September, as well as its plan to issue bitcoin-backed bonds.

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.

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 / 19:31

BTC Citizens Dreams Bitcoin Bukele saga Dispiriting saga of BTC and Bukele as El Salvador struggles with crypto adoption

The first country to officially adopt Bitcoin as a legal tender, El Salvador, is seeing its crypto dreams shatter in pieces. A recent survey by the Chamber of Commerce and Industry of El Salvador found some intriguing results.

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.

19.03 / 00:37

Latin America bonds Bitcoin businesses 14% of Salvadoran businesses have transacted in BTC: Chamber of Commerce

Businesses in El Salvador have been slow to adopt Bitcoin (BTC) ever since the country famously recognized the digital asset as legal tender in September 2021, according to a recent survey by the Salvadoran Chamber of Commerce.

17.03 / 18:17

business Conference education Bitcoin 500 Paxful partners with Miami mayor to give away 500 tickets to Bitcoin 2022 conference

Digital payment platform Paxful has partnered with nonprofit organization Built With Bitcoin Foundation and Miami Mayor Francis Suarez to advance a new education initiative centered around Bitcoin (BTC) and financial literacy.

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.

07.03 / 13:27

cryptocurrency IMF Bitcoin Bitcoin gains hospital This country has opened a pet hospital fully funded by Bitcoin gains

El Salvador recently opened a pet hospital that was built using gains Bitcoin operations. The central American nation became the first in the world to authorise the cryptocurrency as legal tender in September 2021.

01.03 / 04:23

Bukele El Salvador's President Bukele Silent on Ukraine War

Media outlets in El Salvador have hit out at President Nayib Bukele and his government over the perceived “silence” on the matter of Russia’s invasion of Ukraine.

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