El Salvador
Summary Construction project for a hotel with 80 rooms and amenities is underway, but Hilton Hotels is not responsible as they are only a franchisor. Key…
Summary TLDR: The IMF is demanding changes to El Salvador’s pro-Bitcoin law in exchange for a $1.4 billion credit line, hindering the country’s attempts to secure…
Summary TLDR: New law in Latin America requires registration for platforms and individuals dealing with cryptocurrencies, disappointing those who hoped for a bitcoin-friendly leader under President…
Summary TLDR: El Salvador was not accurately tracking their bitcoin purchases because they were acquiring tokens through various means like selling passports, currency conversions, mining, and…
Summary TLDR: El Salvador decided to transfer its bitcoin holdings to a cold wallet after unexpectedly doubling its stash, acquired through various means such as daily…
Summary President Nayib Bukele plans to transfer a large amount of Bitcoin to a cold wallet stored in a physical vault in his country. This move…
Summary TLDR: El Salvador’s president-elect transferred a portion of the country’s Bitcoin holdings into cold storage, increasing transparency and confidence. This move showcases El Salvador’s commitment…
Summary El Salvador moved $400 million of bitcoin into a cold wallet, increasing their holdings to 5,689.68 BTC. President Bukele referred to it as their first…
Summary El Salvador made history by becoming the first country to purchase bitcoin as a treasury asset in September 2021. Since then, the price of bitcoin…
Summary TLDR: El Salvador is earning more bitcoin revenue from services like a citizenship passport program, bitcoin mining, and government services, according to President Nayib Bukele.…