Read more: El Salvador Wants to Attract Bitcoin Talent.Its Strategy Is Working. There’s a social media movement to encourage people to buy $30 in bitcoin, a show of support from the ...

SAN SALVADOR, El Salvador — The president of El Salvador is making a huge bet on bitcoin with his country's treasury. President Nayib Bukele is hoping to launch bitcoin-backed bonds to raise $1 ...

Forbes contributors publish independent expert analyses and insights. Javier Bastardo covers Bitcoin and crypto news from the Global South. El Salvador unveiled its Freedom Visa program last week ...

El Salvador President Nayib Bukele made light of new U.S. Senate legislation that would impose sanctions over his country's ...

El Salvador has become the first country in the world to make the cryptocurrency Bitcoin legal tender. Advocates of the digital currency, including the country's president, Nayib Bukele, say the ...

El Salvador has become the first country in the world to adopt bitcoin as legal tender, with President Nayib Bukele touting its use for its potential to help Salvadorans living abroad to send ...

Bitcoin’s value shot up after El Salvador became the world’s first country to accept it as legal tender.. As of 3:30 a.m. ET on Thursday, the virtual currency was trading at $36,849 per coin ...

El Salvador’s government says it plans to use half the bond offering—$500 million—to buy more bitcoin, and the other half for infrastructure development. Camilo Freedman/SOPA Images/Zuma ...

According to Volcano Energy's Chief Strategy Officer, Gerson Martínez, the goal of the pool is to decentralize bitcoin mining and take advantage of the "regulatory clarity" El Salvador has.

El Salvador President Nayib Bukele said Monday that his country's bitcoin purchases were finally in the black, in a tweet that came shortly after bitcoin climbed above $40,000 for the first time ...

El Salvador became the first country to adopt bitcoin as a national currency on Tuesday, kicking off a radical monetary experiment that could pose risks to the fragile economy.

Bukele is touting Bitcoin as a way for Salvadorans to reduce the fees they pay to send and receive remittances—which make up 22% of El Salvador’s GDP, mostly from the U.S.—and as a way for ...