Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The Legislative Assembly has approved changes to the country's Bitcoin Law ...

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 has resumed Bitcoin acquisitions, buying seven BTC equivalent to $661,000 per Arkham Intelligence reports. This is the first time it has made a Bitcoin purchase since it halted its ...

In 2021, 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 ...

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 ...

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 ...

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 ...

For much of the time since Nayib Bukele became president in 2019, El Salvador has teetered on the brink of default. The warning signs were familiar: high debt and interest payments, exacerbated by ...

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 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.

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 ...