El Salvador
Why El Salvador’s Dreams for a Crypto Utopia Are Now on Hold
A coin-shaped crypto utopia with zero taxes, powered geothermally by a volcano and funded by bitcoin bonds—That’s what La Unión, a small region in southeastern El Salvador, will become if President Nayib Bukele’s ambitious plan comes to fruition. But after a stalled rollout of the country’s bitcoin bonds, some are skeptical of the plans.
Bitcoin City: El Salvador’s Dreams for Utopia on Hold
Locals interviewed by CoinDesk have mixed feelings about El Salvador’s multimillion dollar proposal financed by “bitcoin bonds.”
4 Reasons Why Bitcoiners Should Pass on El Salvador's Bitcoin Bond
El Salvador’s much-hyped "volcano" bond doesn’t hold up to scrutiny.
El Salvador’s Bukele Shoots Down FUD on Bitcoin Bond, Takes Issue With US Lawmakers
A Reuters report said Bitfinex had been booted from managing the bond sale, and a bill targeting El Salvador’s bitcoin adoption advanced in the Senate.
US Senate to Consider Bill Examining El Salvador's Bitcoin Experiment
The bill, which was passed out of committee on Wednesday, generated the displeasure of El Salvador's president, Nayib Bukele.
Why El Salvador Postponed Its Bitcoin Bond
El Salvador’s finance minister announced that the country is postponing its $1 billion bitcoin bond offering, which reportedly aims to help fund the “Bitcoin City” project. “The Hash” team discusses El Salvador’s ongoing bitcoin experiment and the international criticism the Central American nation has received from entities like the International Monetary Fund (IMF).
El Salvador Postpones Bitcoin Bond: Report
The country's finance minister said the offering may come as late as September, according to Reuters.
El Salvador’s Bitcoin Bond Issuance Apparently Delayed
The country’s finance minister had previously suggested the bond sale could be launched as soon as this week.
