El Salvador

El Salvador

Markets

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.

El Salvador President Nayib Bukele (Getty Images)

Opinion

Westerners See El Salvador as a Template for a New Monetary System

While Bitcoin adoption has been slow since the Central American country made BTC legal tender, expats see the outlines of a whole new financial order, says Jonathan Martin.

A scene celebrating the second year anniversary of El Salvador's Bitcoin law, 2023 (Jonathan Martin/CoinDesk).

Videos

Taiwan Tightens Crypto Governance; El Salvador Stockpiles Bitcoin

Host Angie Lau breaks down the state of crypto regulation in Asia as Taiwan issues guidelines for crypto exchanges and Hong Kong's Securities and Futures Commission (SFC) plans to disclose crypto license applicant following the controversy around crypto platform JPEX. Plus, the latest on El Salvador's bitcoin experiment. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Forkast IQ

Opinion

The Bitcoin Circular Economy Battles Entrenched Mindsets in El Salvador

In his third weekly dispatch from El Salvador, Jonathan Martin meets two Bitcoin entrepreneurs working to improve financial inclusion.

(Fabien Bazanegue/Unsplash, modified by CoinDesk)

Finance

Binance recibe licencia para ofrecer servicios de bitcoin y otros activos digitales en El Salvador

El exchange de criptomonedas anunció que ahora cuenta con licencias para operar en 18 países.

El Salvador (Esaú González, Unsplash)

Videos

Binance Receives License to Offer Bitcoin Services in El Salvador

The Central Bank of El Salvador granted two licenses to crypto exchange Binance to offer bitcoin and digital assets services in the country. "The Hash" panel discusses what this means for Binance as the exchange has been facing regulatory scrutiny in the U.S. Plus, "The Hash" team shares insights into the significance of crypto adoption in the country.

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Finance

Binance Receives License to Offer Bitcoin, Digital Asset Services in El Salvador

The crypto exchange said it now holds licenses to operate in 18 countries.

El Salvador (Esaú González, Unsplash)

Opinion

2 Months in El Salvador: The Ground Game for Bitcoin Adoption

A graduate student on leave from the Wharton School checks in on the first country to adopt bitcoin as legal tender. Are locals buying it?

A bitcoin ATM in El Salvador, 2023.

Videos

El Salvador's Bonds Skyrocket Amid Bitcoin's 2023 Rally

Since Fitch downgraded El Salvador’s debt rating in September 2022 with a prediction of a debt default in January 2023, the country’s junk-rated bonds have skyrocketed, mirroring bitcoin’s meteoric rise throughout 2023. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Markets

El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally

El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing.

El Salvador President Nayib Bukele (Handout/ Getty Images)