The International Monetary Fund (IMF) has reiterated its concerns about El Salvador’s extensive engagement with Bitcoin. The topic was addressed by IMF spokesperson Julie Kozack during a press conference on Thursday. The organisation has been consistent in cautioning the country about the risks of crypto activity given the volatile nature…
El Salvador is preparing to upskill thousands of its civil servants as part of a drive aimed at making the government’s workforce more familiar with Bitcoin-related technology. Over 80,000 Salvadoran civil servants will be trained in efficiently using Bitcoin technology. Upon completion of the training, these officials will be provided…
After February landslide win, 42-year-old set to govern for another five years with near-total control of parliament and other state institutions. El Salvador’s President Nayib Bukele is set to be sworn in for a second term, riding on a wave of popularity that has helped him consolidate his power and…
Ocean Mining, a Bitcoin mining pool backed by Block head Jack Dorsey, has established its global headquarters in El Salvador. The country’s pro-crypto policies are what attracted this crypto mining pool to move there. Crypto mining operations are known to be very power intensive, which has led to several nations…
Argentinean officials are in dialogue with their counterparts from El Salvador to gain a deeper understanding on strategies and experiences in adopting Bitcoin. Last week, senior leadership of the Argentinian National Securities Commission (CNV) met with El Salvador’s National Digital Assets Commission (CNAD) to assess the impact of adopting Bitcoin…
Rights group says President Nayib Bukele has reduced gang violence by replacing it with state violence. As El Salvador’s President Nayib Bukele embarks on his second term in office, an international rights group has warned that his war on gangs has created a spiralling human rights crisis. As of February…
The country is voting in both presidential and legislative polls; incumbent Bukele faces virtually no competition. Voters in El Salvador are casting their ballots in presidential and legislative elections that are largely about the tradeoff between security and democracy. With soaring approval ratings and virtually no competition, President Nayib Bukele…
San Salvador, El Salvador – He suspended civil liberties. Led a mass incarceration effort. And provoked international criticism for human rights violations. But five years after he was first elected, President Nayib Bukele appears on track to secure a second term in office when El Salvador holds its general elections…
In October, shortly after the start of the Israeli war on Gaza that has now killed nearly 20,000 Palestinians, Israel pledged to wipe Hamas “off the face of the earth” – a project that would require Israel’s military “to flatten the ground” in Gaza, as an Israeli security source told…
El Salvador, the country that historically became the first in the world to ordain Bitcoin as a legal tender, has created a plan to boost its tourism industry and subsequently its economy in due time. The National Bitcoin Office (ONBTC) of the central American nation has announced a new initiative…
| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |