News of bukele

IMF urges El Salvador to remove Bitcoin as legal tender

Yesterdat 18:45 The IMF on Tuesday called on El Salvador to change course and stop using Bitcoin as legal tender, citing "large risks" posed by the cryptocurrency.

CRYPTOCURRENCIES

El Salvador president says half a million using new bitcoin wallet

14-09-2021 11:56 There are now more than half a million people using El Salvador's bitcoin wallet, President Nayib Bukele said Monday.

CRYPTOCURRENCIES

In world first, bitcoin becomes legal tender in El Salvador

07-09-2021 08:39 El Salvador officially becomes the first country in the world to accept bitcoin as legal tender.

CRYPTOCURRENCIES

El Salvador is banking on bitcoin, but will it work?

22-06-2021 15:28 El Salvador will soon become the only country in the world accepting bitcoin as legal tender, a cutting-edge but potentially risky new avenue for its large expat community to send money back home.

CRYPTOCURRENCIES

El Salvador first country to approve bitcoin as legal tender

09-06-2021 09:33 Lawmakers in El Salvador approve bill that will eventually allow digital currency to be used for many aspects of daily life, from property purchases to tax contributions.

PRESS FREEDOM

El Salvador's new Legislative Assembly removes tax break for newspapers

05-05-2021 18:36 El Salvador's Legislative Assembly, dominated by allies of President Nayib Bukele, has approved a bill that would remove tax break that benefits newspapers and other publications.

Bukele sparks outrage

Political crisis in El Salvador as lawmakers oust judges, attorney general

03-05-2021 13:44 A political storm has erupted in El Salvador after its Legislative Assembly, newly controlled by President Nayib Bukele's party, dismissed the attorney general and top judges deemed hostile to the populist leader.