El Salvador
El Salvador's Bitcoin-Friendly President Wins Re-Election; Donald Trump Speaks Out on AI
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, including the re-election of El Salvador's bitcoin-friendly president Nayib Bukele. Former U.S. president and Republican front-runner Donald Trump calls AI "dangerous and scary" in an new interview with Fox Business. Plus, former CFO of Terraform Labs has been extradited to South Korea by Montenegrin authorities according to an official notice.
El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election
Under Bukele, the country in 2021 became the first nation to adopt bitcoin as legal tender.
El Salvador's BTC Bet Is $13M in Profit as Bitcoin ETF Approval Approaches
President Nayib Bukele hailed the investment as being "back in the black" last month.
El Salvador’s Long-Planned Bitcoin Bonds Are 'Unserious,' LSE Policy Fellow Says
Last week, El Salvador’s National Bitcoin Office posted from its X handle stating in part "The Volcano Bond has just received regulatory approval from the Digital Assets Commission (CNAD)." Frank Muci, policy fellow at the London School of Economics and Political Science (LSE), discusses why he thinks El Salvador’s long-planned bitcoin (BTC) bonds are a "nothing burger."
World’s First Bitcoin Bonds Receive Regulatory Approval in El Salvador
Frank Muci, policy fellow at the London School of Economics and Political Science (LSE) joins CoinDesk TV to discuss El Salvador’s long-planned bitcoin (BTC) bonds inching closer to reality after apparently receiving regulatory approval for an early 2024 issuance. The bonds are set to be offered on Bitfinex Securities, a regulated division of crypto exchange Bitfinex.
Bitcoin, Ether Take Sharp Dive Over Past Two Days; KuCoin to Pay $22M
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including new CoinDesk Indices data on how bitcoin (BTC) and ether (ETH) are performing this week. Crypto exchange KuCoin will pay a $22 million settlement and terminate access for users in New York state. Plus, El Salvador’s Bitcoin bonds inch closer to reality.
El Salvador Targets Bitcoin Millionaires in New Push to Attract Long-Term Residents
El Salvador kickstarted its "Freedom VISA" program last week, with plans to distribute residency to a maximum of 1,000 people per year who invest at least $1 million worth of bitcoin or tether (USDT) stablecoins. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
El Salvador Could Rake in $1B Bitcoin Investment Per Year With New 'Freedom VISA'
The country's treasury owns just over 2,700 bitcoin (BTC), which has yielded over $3 million in unrealized profit so far.
El Salvador's Bitcoin Investment 'In the Black,' Says President Bukele
"We have no intention of selling," Bukele added.
El Salvador Remains in the Red on Bitcoin Holdings, But Losses Are Narrowing
It's been a bit more than two years since the country made bitcoin legal tender there.
