El Salvador

El Salvador

Policy

El Salvador Proposes Digital Securities Bill, Paves Way for Bitcoin Bonds

El Salvador's bitcoin-backed "volcano bonds" are expected to raise $1 billion for the government.

Nayib Bukele, president of El Salvador (Ulises Rodriguez/APHOTOGRAFIA/Getty Images).

Markets

El Salvador's President Nayib Bukele and Tron's Justin Sun to Buy One Bitcoin Every Day

Bukele and Sun commit to buy one BTC every day, starting from Thursday amid fears that crypto exchange FTX's recent collapse would prolong the ongoing crypto winter.

Pequeña bandera ondeando en la parte superior del ayuntamiento en la ciudad de Santa Ana, El Salvador. (Getty Images)

Videos

Morgan Stanley Says Record Number of Bitcoin Have Not Been Used for 6 Months; Future of Bitcoin Adoption

A record 78% of Bitcoin has not been used in transactions in the last six months, and the level is increasing, according to a Morgan Stanley research report. Plus, El Salvador and Lugano have signed a memorandum of understanding (MOU) aimed at boosting local and global bitcoin adoption.

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Policy

El Salvador, Lugano Sign Agreement to Help Spread Bitcoin Adoption and Education

El Salvador also announced it was opening a “bitcoin office” in the southern Swiss city.

Pequeña bandera ondeando en la parte superior del ayuntamiento en la ciudad de Santa Ana, El Salvador. (Getty Images)

Tech

'Hyperbitcoinization' Is Coming to an Emerging Market Near You, Paxful's Ray Youssef Says

The CEO and co-founder of the peer-to-peer bitcoin exchange that's popular in Africa explains why the Global South will lead the Bitcoin revolution.

Ray Youssef, CEO y cofundador de Paxful. (Christie Harkin/CoinDesk)

Videos

El Salvador’s Bitcoin Adoption ‘Largely Underwhelming’: Researcher

September marks the one year anniversary of El Salvador recognizing bitcoin (BTC) as legal tender. LSE Public Policy Fellow Frank Muci discusses the outcomes of El Salvador’s bitcoin experiment. Plus, more insight on President Bukele's plans to seek reelection as the country's debt rating is downgraded by Fitch.

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Videos

How Looming Inflation Concerns May Impact the Price of Bitcoin

CoinDesk Research Analyst George Kaloudis discusses his reading and outlook of bitcoin’s (BTC) price movement as it struggles not to end down for the third straight quarter against global macro headwinds. Plus, Tech Managing Editor Christie Harkin discusses El Salvador’s bitcoin experiment.

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Finance

Strike CEO: El Salvador’s Bitcoin Experience ‘Doesn’t Hurt My Company at All’

Jack Mallers joined CoinDesk TV’s "First Mover" to discuss El Salvador, bitcoin and how the mobile payments app is working to change the payment system for merchants and consumers globally.

Strike CEO Jack Mallers speaks at the Bitcoin 2022 conference in Miami. (Danny Nelson/CoinDesk)

Videos

Jack Mallers’ Crypto Payment Firm Strike Raises $80M

Jack Mallers, CEO and founder of Chicago-based bitcoin payment provider Strike, discusses bitcoin as a store of value, use cases of the Bitcoin payments system, and the Lightning Network. Plus, Mallers’ take on El Salvador’s bitcoin experiment and how Strike plans to use its latest $80 million raise.

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Videos

Jack Mallers on El Salvador’s Bitcoin Experiment

September marks the one-year anniversary of El Salvador adopting bitcoin (BTC) as legal tender. Jack Mallers, the Chicago-based company executive known for helping El Salvador adopt bitcoin, reflects on the milestone.

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