Browsing Tag

Nayib Bukele

El Salvador approves reforms to the Constitution

The Parliament of El Salvador approved on Monday, April 29, changes to an article of the current Constitution, which clears the way to facilitate constitutional reforms. The request was presented by the ruling party, which is the majority…

El Salvador will not sell its bitcoin reserves

El Salvador's president, Nayib Bukele, declared on his Twitter account that his country will not sell the alleged reserves of bitcoin it owns, even though its value has exceeded $60,000. In his words: "We will not sell, of course, in the…

El Salvador’s bitcoin bonds were approved

El Salvador's long-awaited Bitcoin bonds, also known as "Volcano Bonds", have received regulatory approval and are scheduled for launch in early 2024. El Salvador’s Digital Assets Commission gave the green light to Volcano Bond, according…

Inflation in El Salvador remains above 3 %

The Central Reserve Bank (BCTR) of El Salvador revealed data on the country's interannual inflation rate, which remains above 3 % for the fourth consecutive month. According to the regulatory body of the Central American country, in…

Bukele will seek his re-election in 2024

The president of El Salvador, Nayib Bukele, registered his candidacy for re-election in the 2024 elections, as reported on Monday night by the ruling party Nuevas Ideas (NI). "We inform the Salvadoran people that President @nayibbukele…