Seven years ago, El Salvador made global headlines as the first country in the world to ban all metal mining. The decision was hailed as a victory for environmental protection, celebrated by local ...
President Nayib Bukele has claimed that El Salvador is sitting on $3,000,000,000,000 of unmined gold. Bukele has revealed plans to submit a proposal to the Legislative Assembly, in order to 'repeal ...
El Salvador, which became the first country in the world to ban metals mining, could be losing out economy-changing wealth due to its massive unearthed gold deposits, says its President Nayib Bukele.
El Salvador will likely dial down bitcoin's role as a legal tender in exchange for a $1.3 billion loan from the International Monetary Fund, The Financial Times reported. Though a finalized deal ...
Over 13 nations are now confirmed to hold the cryptocurrency, however, El Salvador stands out as the only country to make direct Bitcoin purchases, according to a report by River, a Bitcoin exchange.
El Salvador may roll back a small aspect of its Bitcoin law as part of a new deal with the International Monetary Fund. The Latin American country may no longer require Salvadorean merchants to ...