El Salvador


Policy

IMF Says 'Efforts Will Continue' to Ensure El Salvador Doesn't Accumulate More BTC

El Salvador has kept purchasing bitcoin, but the IMF seems unfazed.

Nayib Bukele asiste a la Asamblea Legislativa  por su segundo aniversario en el poder (Foto de Emerson Flores/APHOTOGRAFIA/Getty Images)

Policy

El Salvador's Top Crypto Regulator Meets With U.S. SEC: 'It Was Very Refreshing'

El Salvador’s CNAD met up with the SEC’s Crypto Task Force on April 22.

Juan Carlos Reyes of the National Commission of Digital Assets in El Salvador (CNAD)

Policy

Paraguay Is Only Waiting for Crypto Law: El Salvador’s Top Crypto Regulator

“From my perspective, Paraguay seems to have the groundwork laid for supervision, regulation, and taxation regimes," said CNAD President Juan Carlos Reyes.

Paraguay. Credit: Planet Volumes, Unsplash+

Policy

El Salvador Signs Crypto Regulation Agreement With Paraguay

El Salvador had previously entered an agreement with Argentina.

Juan Carlos Reyes of the National Commission of Digital Assets in El Salvador (CNAD)

Policy

El Salvador's Bukele Says Bitcoin Purchases Won't Stop Due to IMF Deal

A clause in the country's recently-completed IMF financing deal suggested a prohibition against El Salvador accumulating any additional bitcoin.

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

Markets

El Salvador’s Bukele Adds 19 Bitcoin as IMF Pushes Back on BTC Adoption

The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high price volatility and low public trust.

El Salvador flag (Unsplash)

CoinDesk News

El Salvador Dispatch: How Bitcoin Taught a Nation to Dream

The Central American nation is on a roll. This year’s Plan B conference was electric, featuring famous speakers from abroad as well as native Spanish content.

Sunset in San Salvador

CoinDesk News

El Salvador Dispatch: The Origins of the Bitcoin Experiment

El Zonte inspired Bukele to make bitcoin legal tender in El Salvador. CoinDesk visited the surfing village to see how it’s developing.

A small river divides El Zonte in half. You can easily cross the stream from the beach if you don’t mind getting your feet wet. Credit: Luis Rodriguez, Unsplash

CoinDesk News

El Salvador Dispatch: Searching for Bitcoin City, the Modern El Dorado

President Nayib Bukele vowed to build Bitcoin City on the Conchagua volcano. CoinDesk went looking for signs of construction.

The Conchagua volcano facing the Gulf of Fonseca (Esaú Fuentes González, Unsplash)

CoinDesk News

El Salvador Dispatch: Berlín, the Bitcoin Marvel Hidden in the Mountains

Berlín, a city of 20,000 people, is home to El Salvador’s second Bitcoin circular economy. “Bitcoin City already exists. It’s called Berlín,” said one resident.

Berlín’s Bitcoin Community Center, viewed from the street. (Credit: Tom Carreras)