IMF again criticizes El Salvador for its bitcoin policy

Oct 4, 2024

IMF again criticizes El Salvador for its bitcoin policy

The fund recommended that the authorities restrict public sector access to the first cryptocurrency

President of El Salvador: BTC legalization has not been a resounding success

Aug 30, 2024

President of El Salvador: BTC legalization has not been a resounding success

That said, Nayib Bukele believes that the positives outweigh the negatives

El Salvador’s national bitcoin office has launched blockchain courses for officials

Aug 22, 2024

El Salvador’s national bitcoin office has launched blockchain courses for officials

The courses are part of the program of the Higher School of Innovation in Public Administration

El Salvador authorities have mined 473,5 BTC in geothermal energy since 2021

May 15, 2024

El Salvador authorities have mined 473,5 BTC in geothermal energy since 2021

In total, the government’s accounts hold coins worth $360 million at the current exchange rate

Tether and Bitfinex’s parent company will participate in the creation of crypto regulation in El Salvador

May 13, 2024

Tether and Bitfinex’s parent company will participate in the creation of crypto regulation in El Salvador

The parties have been actively collaborating on other areas since 2021

El Salvador regulator approves bitcoin bonds issuance in early 2024

Dec 12, 2023

El Salvador regulator approves bitcoin bonds issuance in early 2024

The project has been delayed at least four times since it was first announced last March

El Salvador will begin issuing citizenship for $1 million investments in the form of BTC and USDT

Dec 8, 2023

El Salvador will begin issuing citizenship for $1 million investments in the form of BTC and USDT

The visa program was implemented jointly with the USDT issuer, Tether

​Tether to invest in the construction of a $1 billion mining farm in El Salvador

Jun 6, 2023

​Tether to invest in the construction of a $1 billion mining farm in El Salvador

The bitcoin mining center with a capacity of 241 MW will operate on the basis of renewable energy sources

​Bitfinex becomes the first licensed exchange in El Salvador

Apr 12, 2023

​Bitfinex becomes the first licensed exchange in El Salvador

The authorization was issued by the local regulator under the new law on digital asset issuance

​El Salvador’s state-owned bitcoin wallet begins blocking addresses for AML verification

Apr 10, 2023

​El Salvador’s state-owned bitcoin wallet begins blocking addresses for AML verification

The service draws attention to the interaction with the Wasabi Wallet, which uses a mechanism for mixing transactions

​El Salvador’s tourism sector rises almost by two times after the BTC legalization

Mar 7, 2023

​El Salvador’s tourism sector rises almost by two times after the BTC legalization

President Nayib Bukele said that the adoption of bitcoin as a legal tender allowed the state to carry out “rebranding”

​IMF urges El Salvador to refrain from further BTC purchases

Feb 15, 2023

​IMF urges El Salvador to refrain from further BTC purchases

The organization recommended caution due to the “speculative nature” of the crypto market