El Zonte, a quiet surf town on El Salvador's coast, draws travellers not just for its waves, but for a bold financial ...

The U.S. Senate has introduced a new legislative effort aimed at holding the El Salvadoran government accountable for alleged ...

El Salvador's president, Nayib Bukele, has mocked U.S. senators who want to investigate his government for alleged crypto ...

El Zonte is a unique kind of paradise because it supports the world’s first Bitcoin circular economy. Almost every business — restaurants, coffee shops, surf shops, hotels — accepts bitcoin ...

El Salvador’s President Nayib Bukele believes that the country’s bet on Bitcoin was a success but its adoption has fallen short. He also told TIME in an interview that the government has done ...

Not a single business accepted my bitcoin. In September 2021, El Salvador became the world's first country to adopt bitcoin as legal tender alongside the U.S. dollar. ... At restaurants, hotels, ...

President Nayib Bukele recently extolled the merits of El Salvador’s rocky experiment with bitcoin, telling TIME that it has been “a resounding success” that ultimately allowed the Central ...

Mr Avendano believes it’s not just Bitcoin pulling foreigners to El Salvador, but the country’s safety. To combat gang violence, Mr Bukele enforced a “state of exception” in 2022, rounding ...

His grand ambitions for bitcoin fell foul of the International Monetary Fund (IMF), which hesitated to grant El Salvador a $1.3 billion loan because of its official use of the cryptocurrency.

This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on El Zonte, here. There was formidable energy at this year’s Plan B conference in El ...

El Zonte is a unique kind of paradise because it supports the world’s first Bitcoin circular economy. Almost every business — restaurants, coffee shops, surf shops, hotels — accepts bitcoin ...

A recent survey conducted by Francisco Gavidia University in San Salvador found that 92 percent of Salvadorans don't use bitcoin. This marks an increase from the 88 percent found in a similar ...