El Salvador

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The Impact of Trump’s Deportation Moves

19 Feb 2025 4 minute read 1 comment Perfectionist25

On February 5, 2025, a military plane from the US state of Texas landed in Amritsar, Punjab, carrying more than 100 undocumented immigrants back to their homeland. It seems Trump wasn’t kidding when he promised a mass deportation of illegal immigrant...

El Salvador continues to buy Bitcoin despite its agreement with the IMF

21 Dec 2024 1 minute read 6 comments Galaxie Crypto

Despite the concessions made in the IMF deal, El Salvador is maintaining its Bitcoin strategy. The country has just bought 11 new Bitcoins.   On 19 December 2024, the International Monetary Fund (IMF) announced that it had reached a preliminary agree...

Volcanoes to Dollars: El Salvador Mines $46M in Bitcoin with Geothermal Power!

25 Nov 2024 1 minute read 1 comment alberdioni8406

When you have geothermal energy better use to mine Bitcoin, El Salvador did and the coins they mined now worth more than 46 million dollars. Using their geothermal energy, the nation of Nayib Bukele the “El Bitcoin presidente” achieved 474 Bitcoin a...

El Salvador wins: +100% profit

16 Nov 2024 1 minute read 0 comments Galaxie Crypto

Long criticized for its policy in favor of Bitcoin, El Salvador is redefining the rules of global finance.   Nayib Bukele has allowed his country to own nearly 5,932 bitcoins, valued at more than $533 million. Compared to the purchase price, this rep...

Bhutan Is Mining, El Salvador Is Buying, and You’re Still Watching!

27 Sep 2024 1 minute read 4 comments alberdioni8406

As I study more about Bitcoin I clearly see that adoption is here and the more time pass it will only increase. You see, when countries start accepting Bitcoin and are buying it, means something. This could mean their are afraid of losing the opportu...

3 Years In: El Salvador’s Bitcoin Dream is Alive, But Are the People?

9 Sep 2024 1 minute read 3 comments alberdioni8406

El Salvador have been using Bitcoin as legal tender for three years now and still a lot to be done in the nation. Vibes are mixed but it's necessary to understand that what Nayib Bukele nation is accomplishing take time and people need to get in the...

Gangs Out, Bitcoin In: How Bukele Transformed El Salvador!

1 Sep 2024 1 minute read 1 comment alberdioni8406

Most of us only knows Nayib Bukele for his stance in Bitcoin and how he's building a nation to live in a Bitcoin standard. He promised and maintain his word to buy 1 Bitcoin everyday to enhance El Salvador public vault and keep the wallet containing...

Nayib Bukele's new attempt to make El Salvador a hub of Technology

27 Aug 2024 1 minute read 1 comment Yugocean

   Technology demands and Nayib Bukele Speaks      Technology requires safety, economical taxation, and freedom of expression in order to develop. Unfortunately, the world is losing this centre. El Salvador's President, Nayib Bukele, has stated that...

El Salvador: The Only Country in the World That Uses Cryptocurrencies as Legal Currency

3 Jul 2024 5 minute read 3 comments Simo_23

The Republic of El Salvador, a Central American country bordered by Guatemala and Honduras, has embarked on a completely innovative financial policy: since 2021, it has been possible to use Bitcoin as legal currency. Until the late 1930s, El Salvador...

iFinex is helping El Salvador regulate crypto

14 May 2024 1 minute read 0 comments Yugocean

  iFinex is helping El Salvador regulate crypto   iFinex will help Nayib Bukele government of El Salvador, in developing laws, regulations and guidelines related to the crypto world. This is the first time a crypto company is helping the Government o...