El Salvador - Bitcoin News Related To El Salvador

The 3 Reasons Behind Bitcoin-Holder El Salvador's Deteriorating Creditworthiness

Published on january 20, 2022

President Bukele’s bitcoin policy and hawkish Fed expectations cloud Salvador’s credit outlook.

El Salvador explores low-interest loans backed by Bitcoin

Published on january 20, 2022

The Salvadoran government is looking to create a Bitcoin-backed loan product for micro and small businesses across the country.

El Salvador Government Advisor Mónica Taher Is Empowering Women Through Bitcoin

Published on january 17, 2022

Taher, an advisor for the government of El Salvador, discusses how Bitcoin can be a critical tool for empowering women in Latin America.

Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s

Published on january 14, 2022

The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets.

Nayib Bukele Is Not the Bitcoin Hero We Need

Published on january 14, 2022

New reporting has found strong evidence Salvadoran President Nayib Bukele has sought to undermine freedom of speech in the Central American nation. According to a joint investigation by Salvadoran news outlet El Faro, Toronto-based Citizen Lab and digital rights nonprofit Access Now, the cell phones of at least 22 of El Faro’s journalists were infected… [Read more]

Credit Rating Agency Moody’s Sounds Alarm on El Salvador’s Bitcoin Policy

Published on january 14, 2022

An analyst at Moody’s has said that El Salvador’s Bitcoin purchases add risk to El Salvador’s concerning sovereign credit outlook.

Tonga to copy El Salvador bill making Bitcoin legal tender, says former MP

Published on january 13, 2022

In a ruling that is “almost identical to the El Salvador bill,” Tongan bigwig Lord Fusitu’a anticipates that his country could adopt Bitcoin by November.

Nayib Bukele’s Bitcoin Buys Have Lost El Salvador Money So Far: Report

Published on january 12, 2022

According to a report from Bloomberg, El Salvador’s President, Nayib Bukele, has lost the country money betting on Bitcoin.

El Salvador to Add More Geothermal Energy Sources to Power Bitcoin City

Published on january 11, 2022

The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin City, which will be financed with the earnings of the so-called “volcano bonds.” Bukele stated there are high chances of finding a well in the […]

Single inactive volcano has 90% chance of powering El Salvador's Bitcoin City, according to president

Published on january 10, 2022

According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites.