Thu, November 21

IMF Calls For Addressing of Risks Post Assessment of El Salvador

The International Monetary Fund (IMF) issued a final report on the economy of El Salvador on February 10, 2023. From January 30th to February 8th, the IMF conducted an Article IV consultation with the government of El Salvador. The IMF warns that “risks should be addressed” as it relates to

February 12, 2023 1 min read

El Salvador Proves its Supremacy by Paid Off $800 Million Debt

Despite the skepticism expressed by significant national and international media outlets that the “El Salvador government was in default,” President Nayib Bukele stated on his Twitter account that ‘the country fully paid the bond maturing in 2023, worth $800 million plus interest’. In the past year, almost every legacy international

January 24, 2023 2 mins read

El Salvador’s Delegate Represented Bitcoin at Miss Universe

El Salvador’s Miss Universe delegate walks the ramp dressed up as Bitcoin (BTC). The 71st Miss Universe preliminary rounds started on Jan 11th, 2023 in New Orleans. The competition features almost 90 beautiful women from every part of the world. Following the opening night ceremony, the next round of competition

January 12, 2023 2 mins read

El Salvador Passes Legislation Creating Legal Framework For All Crypto

Although substantial use of digital assets already existed in El Salvador. The country’s formal acceptance of a regulatory framework for all cryptocurrencies marks a significant step forward. The legislation was officially enacted today, according to the National Bitcoin Office of El Salvador (ONBTC). In light of its “first-mover advantage.” The

January 12, 2023 1 min read

Bitcoin (BTC) To Reach $1M – Samson Mow

The stigma of aura surrounding the Bitcoin (BTC), never evades despite whatever be the market conditions. Though there are many cryptocurrencies, and fiats into action, the BTC has always possessed the supremacy, and so will always will.  Accordingly, the CEO of Jan3, Samson Mow puts forth that considering the current

December 12, 2022 2 mins read

El Salvador to Purchase One BTC Everyday – Entire Crypto Space Is Shocked!

The entire crypto industry is worrying for the ongoing crypto winter and the crash of the market. Investors community and users are suffering a lot for investing their savings in digital assets. As a matter of fact, Bitcoin is the top leading cryptocurrency which is emerging as legal tender in

November 17, 2022 2 mins read

El Salvador President Says FTX Is the Opposite of Bitcoin

Famous Bitcoin maximalist El Salvador President, Nayib Bukele, showed up on Twitter to solidly express the cruciality of Bitcoin amid the ongoing chaos in the crypto market. He penned down that the bankrupted crypto exchange FTX is unlike Bitcoin. FTX’s non-transparency and unfair handling of users’ funds triggered him to

November 14, 2022 2 mins read

Binance CEO ‘CZ’ Confirms El Salvador’s Bitcoins Not on FTX

According to Binance CEO Changpeng Zhao, the president of El Salvador today reassured citizens that their country’s cryptocurrency assets were not on the failing exchange FTX. On Thursday, the CEO of the largest cryptocurrency exchange in the world tweeted that he had spoken to President Nayib Bukele, who had denied

November 11, 2022 2 mins read

El Salvador Signs MoU With Lugano to Boost Bitcoin Adoption

El Salvador plans to build a “Bitcoin office” in Lugano. Tether has launched a project dubbed “Plan B” to turn Lugano into a crypto center. A memorandum of understanding on economic cooperation between El Salvador and the city of Lugano, Switzerland, was signed with the goal of increasing Bitcoin use

October 29, 2022 1 min read

El Salvador President Declares Running For Re-election

Bukele is also responsible for El Salvador’s Bitcoin purchasing binge. Global markets credit research, Fitch lowered El Salvador’s debt rating from CCC to CC. El Salvador’s current president, Nayib Bukele, has reportedly declared his intention to run again in 2024. El Salvador was one of the nations whose highest court

September 16, 2022 2 mins read