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

El Salvador has a long list of failed Bitcoin projects. Bukele’s failed Bitcoin projects include Bitcoin City, NFT Casino, Chivo Wallet, Volcano Bonds, LaGeo crypto mining operation, and now Chivo ...

Forbes contributors publish independent expert analyses and insights. Javier Bastardo covers Bitcoin and crypto news from the Global South.

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 ...

Nayib Bukele, the President of El Salvador, said this Saturday that the country’s only pet hospital will close. The hospital was created with surplus funds from the country’s Bitcoin trust.

Forbes contributors publish independent expert analyses and insights. Javier Bastardo covers Bitcoin and crypto news from the Global South.

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 ...

El Salvador’s relationship with the IMF has been strained since 2021. That year, the country made Bitcoin legal tender. In 2022, the IMF urged El Salvador to discontinue this status. The country faces ...

El Salvador has added 19 BTC to its holdings over the past week. The purchase defies an IMF directive urging the country not to accumulate Bitcoins. El Salvador holds 6,100 BTC and appears set to ...

El Salvador’s President Nayib Bukele has stated that the country will continue buying Bitcoin (BTC) despite conditions set by the International Monetary Fund (IMF) in a recent financial agreement. The ...