El Salvador

A representation of bitcoin is seen in front of a stock graph in this illustration taken May 19, 2021. REUTERS/Dado Ruvic/Illustration

El Salvador Govt Seeks Congress Approval to Issue Bitcoin-Backed Bonds

The government of El Salvador, the first country in the world to adopt bitcoin as legal tender, is seeking congressional approval to issue investment bonds in the cryptocurrency. El Salvador's…

23 November 2022

Residents clean a mudslide in a road while Tropical Storm Julia hits with wind and rain, in San Salvador, El Salvador, October 10, 2022. REUTERS/Jose Cabezas

Storm Julia Kills 16 in Central America As It Churns Toward Mexico

The death toll from Tropical storm Julia rose to at least 16 on Monday, officials said, with most victims coming from El Salvador and Honduras, as the weakening storm dumped heavy rainfall on a swath…

11 October 2022

A person scans a QR code at a bitcoin ATM on June 16, 2021 in Chiltuipan, El Salvador. Playa El Zonte has been named as the Bitcoin capital, around 500 families promote the use of the cryptocurrency to help the economy of a place with poverty issues. (Getty)

Bitcoin from Terrorism to El Salvador

World Bank has rejected El Salvador’s decision to adopt Bitcoin as legal tender, noting that it would have dire economic consequences. It refused to provide any kind of assistance for the country’s…

Hala Ahmed Nasr 21 June 2021

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