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 ...

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

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

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.

The IMF said to slow down. El Salvador said no. President Bukele’s government just added five more Bitcoins to its treasury, pushing its reserves past 6,111 BTC — defying the very institution that ...

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 ...

As reported, El Salvador has also begun building “Bitcoin City Airport,” an air transport hub that will supposedly one day link Bitcoin City to the rest of the world. The nation’s official press ...

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 ...

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 ...