El Salvador

El Salvador

Markets

Investors See Possible El Salvador Bitcoin Embrace as Too Little to Move Market

El Salvador's announcement was largely ignored by markets, possibly due to the country's small size, analysts say.

El Salvadoran President Nayib Bukele speaks via video during a presentation at the Bitcoin 2021 conference in Miami.

Videos

Bitcoin Could Become Legal Tender in El Salvador

Avik Roy, the president of Foundation for Research on Equal Opportunity and Forbes Policy Editor, joins “All About Bitcoin” to explain why he thinks the U.S. cannot deny bitcoin as a currency once El Salvador establishes it as legal tender.

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Videos

A Flood of BTC Moving Off Exchanges Since El Salvador President Bukele’s Announcement

El Salvador President Nayib Bukele's goal to make bitcoin legal tender is lifting sentiment around bitcoin. Since his announcement, a flood of BTC has been moving off exchanges at the highest rate since last November. Is that a sign of a bullish trend? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Recent Videos

Policy

Bitcoin as Legal Tender? Why El Salvador’s Plan Isn’t as Crazy as You Think

El Salvador decided decades ago it didn’t trust itself to manage its own currency. Lately, it may have reason not to trust Washington either.

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

Videos

President of El Salvador Says He’s Submitting Bill to Make Bitcoin Legal Tender

Milestone in monetary history? El Salvador is looking to be the world’s first sovereign nation to adopt bitcoin as legal tender, says El Salvador President Nayib Bukele. “The Hash” team unpacks Bukele’s announcement, raising questions of whether or not bitcoin can be a valuable financial tool under authoritarian regimes.

Recent Videos

Videos

El Salvador Looks to Become the World’s First Sovereign Nation to Adopt Bitcoin as Legal Tender

Michael Peterson, the director of Salvadorian bitcoin initiative Bitcoin Beach, on the state of digital payments in El Salvador responding to President Nayib Bukele's announcement he is submitting a bill to make bitcoin a legal tender.

Recent Videos

Markets

Upside Elusive for Bitcoin as Yellen Says Fed Rate Hike a 'Plus'

Yellen's rate-hike comments and lingering China regulatory concerns dominate market sentiment.

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Finance

President of El Salvador Says He’s Submitting Bill to Make Bitcoin Legal Tender

An emotional Jack Mallers announced the news at the Bitcoin 2021 conference in Miami.

Jack Mallers speaks at the Bitcoin 2021 conference in Miami.

Tech

Strike Launches Bitcoin Lightning Payment App in El Salvador; Full EU Support Is Next

Salvadorans can now use Strike to receive remittances from their families abroad without the added hassle of currency conversion. The EU is next.

(l-r) Michael Peterson of Bitcoin Beach, Jack Mallers of Strike and Miles Suter of CashApp in El Salvador