El Salvador

El Salvador

Videos

What's Moving the Crypto Markets?

El Salvador is officially the first country to adopt bitcoin as legal tender, and the price of bitcoin is bouncing from its two-week low. Osprey Funds Founder and CEO Greg King considers the potential factors moving the crypto markets.

Recent Videos

Videos

El Salvador Becomes First Country to Officially Adopt Bitcoin as Legal Tender

CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De explains the significance and potential ripple effect of El Salvador officially adopting bitcoin as legal tender. Plus, a look at the U.S. Senate approving a $250 billion bipartisan technology and manufacturing bill to counter China on technological advancement.

Recent Videos

Markets

Bitcoin Jumps Most in 2 Weeks to $36K After El Salvador Passes Currency Law

The cryptocurrency is up from a low price of about $31,000.

Bitcoin chart

Markets

It's Official: El Salvador's Legislature Votes to Adopt Bitcoin as Legal Tender

A supermajority of the El Salvadoran legislature voted to adopt bitcoin as legal tender early Wednesday morning.

El Salvador President Nayib Bukele

Policy

El Salvador Legislature Indicates Favor Toward President's Bitcoin Bill

The government would also create a trust that would enable the “instantaneous convertibility of bitcoin to dollars,” the bill said.

El Salvador President Nayib Bukele with his wife, Gabriela Rodriguez.

Policy

El Salvador Residents Are Split on Bitcoin Adoption Bill

Some Salvadoran residents are excited by the thought of bitcoin being treated as legal tender, while others are concerned it may just be a tool for corrupt officials.

nayib bukele

Videos

El Salvador Commerce Secretary: Bitcoin Won’t Replace Dollar

El Salvador seeks to be the first country to adopt bitcoin as legal tender. Responding to Salvadorans fearful of a full pivot to a bitcoin standard, El Salvador’s Secretary of Commerce and Investments, Miguel Kattán, announced bitcoin would not replace the U.S. dollar.

CoinDesk placeholder image

Policy

El Salvador Adopts Bitcoin: Hype or History in the Making?

What does it mean for a country like El Salvador to adopt bitcoin as "legal tender"? It depends on whom you ask, says our columnist.

nayib bukele

Policy

El Salvador Commerce Secretary: Bitcoin Won't Replace Dollar

Miguel Kattán, a member of President Nayib Bukele’s cabinet, sought to reassure Salvadorans fearful of a full pivot to a bitcoin standard.

CoinDesk placeholder image

Markets

Bitcoin’s 'Authoritarian Hipster'

El Salvador's Nayib Bukele has built a career by courting the vulnerable while attacking the establishment. Now he wants bitcoin as legal tender.

nayib bukele