There is still no Bitcoin City. Bukele's "obsession with cryptocurrency has done little to ease El Salvador's economic woes", said the magazine. He is "just the latest crypto-utopian to see his ...

This article is part of a four-piece series on El Salvador. You can find the second dispatch, a story on Bitcoin City, here. In El Salvador, about two hours away from the capital, up in the ...

El Salvador caught the world's attention by becoming the first country to make cryptocurrency legal tender, alongside the US dollar. Last December, as the price of bitcoin broke $100,000 (£77,765) for ...

In 2021 El Salvador became the first country to make ... He would buy $500m-worth of bitcoin, build a “bitcoin city” in the jungle and develop geothermal energy to power bitcoin miners.

That country is El Salvador, home to the native Pipil people ... The president recently expedited plans for an ostentatious "Bitcoin City" which is meant to court industry moguls and crypto ...

This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin City, here. The sun was setting as I rolled into El Zonte, a small surfing ...

El Salvador's Bitcoin office revealed it purchases another $BTC Sunday, bringing its total stash to 6,118.18 $BTC Under the deal, El Salvador is supposed to not make ...

Metaplanet and El Salvador both stacked Bitcoin ahead of the crypto market slump on Feb. 25, with Bitcoin falling as much as 5% over 10 hours. Metaplanet said it had bought 135 Bitcoin (BTC ...

El Salvador and Metaplanet expand Bitcoin holdings, defying market jitters and IMF pressure. Xapo Bank’s Rocca says a state-backed Bitcoin reserve validates it as a better store of value than gold.

El Salvador resumed its Bitcoin buying strategy, adding 7 BTC worth $661,000. The purchase aligns with an IMF agreement, modifying Bitcoin policies in El Salvador. El Salvador purchased 7 Bitcoin ...