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 end 1 BTC = 1 BTC (this was true when the market price was…
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Nayib Bukele
Bukele declared himself the winner of the presidential elections
President Nayib Bukele of El Salvador declared himself the winner of the country's presidential election. According to its own figures, it would have obtained more than 85 % of the votes in the preliminary ballot of the Supreme Electoral…
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 signs agreement with Google for operations in El Salvador
Nayib Bukele, President of El Salvador, announced that Google has plans to establish an office in the country, in addition to signing a strategic agreement with Google Cloud.
Undoubtedly, the rapprochement between the Central American…
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…
Volcano Energy will invest in cryptocurrency miners for El Salvador
Volcano Energy, a leading renewable energy company, has announced an impressive $1 billion investment to carry out an ambitious Bitcoin mining industry project in El Salvador.
In a statement posted on Twitter by President Nayib Bukele, it…
Bukele eliminates taxes on technological innovations
The President of El Salvador, Nayib Bukele, promulgated the Law of Incentives for Innovation and Technology Manufacturing, whose main task is to eliminate all taxes on technological innovations.
The Salvadoran president informed of the…
Bitfinex obtained the first digital asset license in El Salvador
The government of El Salvador granted Bitfinex, an international exchange based in the British Virgin Islands, the first license issued by the country specifically for digital asset service providers.
The company announced this news…
Bukele wants to eliminate taxes on technologies
The president of El Salvador, Nayib Bukele, indicated that this week he will submit a new law to Congress to eliminate all taxes on the technology sector.
According to what Bukele pointed out in his Twitter account, this law seeks to…
Nayib Bukele affirms that Bitcoin boosted tourism 95 % in the country
In a recent interview in "Tucker Carlson Today", Nayib Bukele, president of El Salvador, indicated that among the benefits of adopting Bitcoin as legal tender in 2021 is the increase in national tourism.
According to Bukele, this sector…
El Salvador will buy a Bitcoin a day
Amid the fluctuation in the price of Bitcoin, and other cryptocurrencies, the president of El Salvador, Nayib Bukele, announced this Wednesday the purchase of a daily Bitcoin.
Bukele, who had not made announcements related to the purchase…