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El Salvador has resumed its bitcoin purchase schedule, buying 7 BTC after a one-week hiatus, which raised concerns among bitcoiners. The reason for the pause in the bitcoin acquisition schedule remains unknown. President Bukele Re-Ignites the Faith: El Salvador Buys Bitcoin Again El Salvador has resumed its bitcoin purchases after a week of hiatus, according … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news over the past week. In this week’s edition, President Nayib Bukele met Strategy’s Michael Saylor to discuss bitcoin, Sam Altman’s World is forced to stop operations in Brazil, and the Brazilian stock exchange will add solana and ether futures this … Read more
Michael Saylor has met with Salvadoran President Bukele to discuss accelerating global bitcoin adoption as El Salvador strengthens its position, continuing to accumulate bitcoin despite IMF-driven policy adjustments. Michael Saylor Meets Nayib Bukele to Discuss Bitcoin Strategy Michael Saylor, executive chairman of Microstrategy (Nasdaq: MSTR), met with El Salvador’s President Nayib Bukele on Feb. 13 … Read more
El Salvador’s Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow’s analysis highlights the deeper implications. Bitcoin No Longer ‘Currency’ in El Salvador—Here’s What That Actually Means Changes to El Salvador’s Bitcoin Law have ignited discussions about whether bitcoin retains its status as legal tender. Samson … Read more
The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele’s administration acquired 18 BTC, with its total reserve reaching 6.073 BTC, nearly $584,000. “Stacked again,” the organization posted on social media, reinforcing … Read more
According to the Reserve Bank of El Salvador, the use of crypto to make remittances to the country has consistently accounted for less than 1% of the total share since October 2024. Adoption of Crypto for Remittances Falters in El Salvador Crypto remittances, one of the main use cases for promoting bitcoin worldwide, have failed … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the future of El Salvador after yielding to the IMF’s bitcoin de-risking policies. Latam Insights Encore: El Salvador Struggles to Keep Being a Bitcoin Country Finally, it happened. While many were … Read more
Paolo Ardoino, CEO of Tether, the stablecoin company, has discussed the company’s plans after moving to El Salvador. Ardoino disclosed the construction of a 70-story skyscraper that will be occupied by other tech and crypto companies. Tether Opens up on 70-Story Skyscraper Construction in El Salvador Tether, the company behind USDT, a stablecoin worth close … Read more
Congress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the IMF last year. These modifications prepare the country to receive $1.4 billion in a credit facility. El Salvador Passes Bitcoin Law Reform, BTC Acceptance Is Now Voluntary El Salvador, a … Read more
Nayib Bukele, President of El Salvador, has blasted the attitude of the opposition to its government, which has used his bitcoin policies as an attack vector against his administration. Bukele stated it is better to not listen to them. El Salvador’s President Nayib Bukele on Bitcoin Critics: Better ‘Not Listening’ to Them Nayib Bukele, President … Read more
