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Tag: El Salvador

Samson Mow Breaks Down El Salvador’s Bitcoin Law Update—Is BTC Still Legal Tender?

February 15, 2025 wp-bot Bitcoin News

El Salvador’s Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow’s analysis highlights the deeper implications.

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El Salvador Continues Buying Bitcoin Despite IMF Pressure

February 10, 2025 wp-bot Bitcoin News

The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National

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Crypto Remittances Fail to Gain Momentum in El Salvador

February 6, 2025 wp-bot Bitcoin News

According to the Reserve Bank of El Salvador, the use of crypto to make remittances to the country has consistently accounted for less than 1%

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Latam Insights Encore: El Salvador on a Tightrope While Juggling IMF’s Requirements

February 4, 2025 wp-bot Bitcoin News

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the

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Tether Discusses 70-Story Skyscraper Construction in El Salvador: ‘It Is the Country of the Future’

February 2, 2025 wp-bot Bitcoin News

Paolo Ardoino, CEO of Tether, the stablecoin company, has discussed the company’s plans after moving to El Salvador. Ardoino disclosed the construction of a 70-story

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El Salvador Complies With IMF Requirements: Bitcoin Legal Tender Status Withdrawn

January 31, 2025 wp-bot Bitcoin News

Congress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the

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