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 ...

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 ...

Three years ago, Nayib Bukele, the president-cum-dictator of El Salvador, had a message for American lawmakers: “OK boomers … ...

The President of El Salvador, Nayib Bukele, assured on Tuesday that the country “will not stop” and will continue buying bitcoin for its strategic reserve, despite the fact that the crypto asset will ...

El Salvador’s heralded adoption of Bitcoin as legal tender appears to be undergoing a significant downgrade as businesses are no longer obliged to accept the cryptocurrency. As part of a $1.4 billion ...

The International Monetary Fund (IMF) is looking to restrict Bitcoin purchases by El Salvador as part of an extended $1.4 billion funding arrangement with the country. On March 3, the IMF issued a ...

El Salvador President Nayib Bukele said his government won’t stop buying Bitcoin despite a new request from the International Monetary Fund to stop. The IMF issued a new request on March 3 for ...