el salvador

Paxful shuts down El Salvador operations amid bear market and potential legislative issues

The cryptocurrency exchange platform Paxful fired all its employees in El Salvador, marking the end of its physical presence in that country. However, being...

El Salvador received more than USD 115 million in bitcoin remittances in 2022

The Central Bank of El Salvador provided data on the volume of remittances that entered the country through different means of payment. It highlights...

What’s Going On With Bitcoin And El Salvador?

Imagine that the economic conditions of the country where you live do not allow you to live a decent life. This situation forces you...

El Salvador introduces bill to launch bitcoin “Volcano Bonds”

After exactly one year since the initiative was announced, today it was confirmed that El Salvador is taking the first legal steps to approve...

One year ago, El Salvador adopted bitcoin as a means of payment: what does its portfolio look like now?

It has been one year since El Salvador adopted bitcoin as a legal tender. Nayib Bukele, the president of El Salvador, argued last year...

El Salvador buys the dip again: 80 BTC for $19K each

El Salvador has bought the dip again. The country, where bitcoin has been legal tender since last year, buys a large number of bitcoins...

El Salvador Will Use Bitcoin Profits to Fund Veterinary Hospital

El Salvador will invest some of the $4 million in profits it has reaped from its bitcoin operations to build a veterinary hospital, President...

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PayPal Joins Meta’s Muse AI Commerce Ecosystem

Paypal partnered with Meta to bring PayPal checkout to the Muse AI agent, enabling shopping across PayPal merchants worldwide.Shopify...

US Probes Binance Over Iran Sanctions Violations

The Manhattan US attorney's office and the Justice Department are investigating Binance over potential Iran sanctions violations, Bloomberg reported...

EU central banks drop stablecoin deposit rule for liquidity

The European System of Central Banks (ESCB) proposes replacing mandatory bank-deposit thresholds for stablecoin reserves with new liquidity requirements.The...