In El Salvador, about two hours away from the capital ... people can sit and chat, buy cookies, use a bitcoin ATM, work on their projects, or simply read Bitcoin-related books.
For much of the time since Nayib Bukele became president in 2019, El Salvador has teetered on the brink of default.
In 2021, the El Salvador government forked out $200 million to build out Bitcoin infrastructure, including Chivo and Bitcoin ATMs. It also offered $30 of free Bitcoin for those who signed up for ...
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly ...
Paying for travel with cryptocurrency might sound futuristic, but it’s already happening. More airlines, hotels, and travel ...
When El Salvador adopted Bitcoin as legal tender in September 2021, it was hailed as a pioneering step. The government invested over $200 million in infrastructure, including the Chivo Wallet app and ...
The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high ...
El Salvador buys 5 BTC amid price plunge to $83,000, increasing holdings to 6,100 BTC, as IMF cautions on continued crypto ...
The IMF has issued stricter rules to curtail El Salvador's investment in Bitcoin as conditions for the country's $1.4 billion ...
In a controversial move to temper El Salvador’s Bitcoin enthusiasm, the International Monetary Fund (IMF) has rolled out ...