El Salvador

El Salvador

Opinion

El Salvador’s Bitcoin Volcano Can Be a Model for Cleaner Crypto

The Central American nation is taking its first steps to harness massive natural power sources to mine Bitcoin. The impacts could stretch far beyond the world of crypto.

An overhead view of a geothermal power plant in El Salvador, the site of a new Bitcoin mining installation.(Government of El Salvador)

Policy

El Salvador’s President: ‘First Steps’ Being Made to Power Bitcoin Mining With Volcanic Energy

Nayib Bukele tweeted a video showing progress towards an idea he first floated in June.

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

Videos

Interaxis Co-founder: Institutional Adoption of Crypto Is 'Just Not There'

Reacting to SkyBridge Capital founder Anthony Scaramucci saying institutional interest in crypto is weakening, Adam Blumberg, co-founder of financial advisor Interaxis, discusses why "institutional adoption is just not there." He adds most institutions are not ready for bitcoin, its volatility, its custody, or regulators. Plus, his views on the potential impact of China's crypto ban on the crypto markets, digital yuan, El Salvador's Bitcoin Law, and more.

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Policy

Almost a Third of Salvadorans Are Using the Bitcoin Wallet, Bukele Says

Some 2.1 million people are actively using Chivo, the president said.

San Salvador, El Salvador (Mauricio Cuéllar/Unsplash)

Videos

El Salvador Pres. Nayib Bukele: Almost a Third of Salvadorans Are Using the Bitcoin Wallet

Almost a third of Salvadorans, or roughly 2.1 million people, are actively using the El Salvador government-run bitcoin wallet Chivo less than a month after the country adopted the cryptocurrency as legal tender, President Nayib Bukele said in a tweet. "The Hash" team discusses the latest on the state of crypto affairs and bitcoin adoption in El Salvador.

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Videos

El Salvador's Bitcoin Experiment and Expansion into Blockchain Innovation

As El Salvador continues to experiment with bitcoin and blockchain technology, the government has chosen asset tokenization company Koibanx to develop the country's blockchain infrastructure. Koinbanx CEO Leo Elduayen discusses the products they're building for El Salvador on the Algorand protocol. Fabrício Tota, director of Brazil-based crypto exchange Mercado Bitcoin, also shares his views on the impact of El Salvador's Bitcoin Law on the state of crypto in Latin America.

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Videos

The Domino Effect of El Savador’s Bitcoin and Blockchain Adoption on Latin America

Koinbanx CEO Leo Elduayen and Mercado Bitcoin Director Fabrício Tota join “Community Crypto” to discuss El Salvador’s bitcoin law and blockchain projects and their impact on adoption elsewhere, particularly in Latin America. “What El Salvador is doing is an example for the rest of the countries,” Elduayen said.

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Policy

Why El Salvador Is Botching Its Bitcoin Experiment

The message should have been BUIDL, not HODL.

(Rachel Sun/CoinDesk)

Videos

El Salvador’s Bitcoin Law Is ‘Banking the Unbanked’

As bitcoin slips below $45,000, Adriana Rodriguez, a crypto advocate in El Salvador, joins “All About Bitcoin” from her country to discuss the potential impact of bitcoin’s pullback on the Central American nation’s Bitcoin Law and the overall state of crypto there. “Basically, we’re banking the unbanked,” Rodriguez said.

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Videos

China's Evergrande Debt Crisis Posing Risk to Global Markets and Crypto

Mathew Sigel, Head of Digital Assets Research at ETF and mutual fund manager at VanEck, discusses the potential factors driving crypto markets lower as bitcoin slips below $45,000. Plus, his take on Chinese developer Evergrande's debt crisis as it poses a potential global systematic risk to tether and the broader crypto markets and the state of bitcoin law in El Salvador following his visit there.

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