You Searched For "el salvador foreign investment" and got 18 results
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1 min read
'We have no intention of selling': El Salvador's millennial president touts the country's bitcoin investment as the token soars
Nayib Bukele said if El Salvador sold all its bitcoin at current prices, it would recover 100% of i…
Phil Rosen
2 mins read
El Salvador's millennial crypto-loving president says the country's bitcoin holdings are up more than 40%
Nayib Bukele said if El Salvador sold all of the bitcoin in its coffers today, it would bank roughl…
Phil Rosen
2 mins read
Bitcoin trading losses may have cost El Salvador $10 million amid crypto slump, report says
Led by President Nayib Bukele, El Salvador has bought at least 1,391 bitcoins using public funds, a…
Isabelle Lee
1 min read
El Salvador will exempt foreigners from paying bitcoin taxes to encourage investment, report says
After a bumpy rollout, El Salvador is the first country in the world to accept bitcoin as legal ten…
Carla Mozée
2 mins read
El Salvador's Nayib Bukele is a president for the meme-stock generation: He's obsessed with stonks, silly numbers, bitcoin, and the 'dip'
At 40 years old, Bukele is also a Millennial — the cohort thought to be behind the meme-stock…
Natasha Dailey
1 min read
El Salvador says China offered to buy all its foreign debt as the nation looks to avoid default
"China has offered to buy all our debt, but we need to tread carefully," Vice President Felix Ulloa…
Phil Rosen
1 min read
Investors are rightly treating China like a short-term speculative play, rather than a long-term investment, top economist Mohamed El-Erian says
Long-term traders will only come back when Beijing offers a decisive transition from an economy dep…
Filip De Mott
2 mins read
Bitcoin crash erases $36 million in value from El Salvador government's massive crypto investment as national debt grows
El Salvador became the first country to make bitcoin legal tender in September despite multiple war…
Hannah Towey
2 mins read
Ark Invest's Cathie Wood points to El Salvador's bitcoin push as one way innovation is making people's lives better
Star investor Wood believes that allocating capital to innovation will benefit people's lives aroun…
Adam Morgan McCarthy
1 min read
El Salvador's president announces full payment of an $800 million bond, averting default
Last year, ratings agency Moody's warned that the country's bitcoin-buying spree boosted its credit…
Phil Rosen
2 mins read
El Salvador's bitcoin-loving president hits out at the 'boomer' senators who want the US to examine its crypto adoption
"We are not your colony, your back yard or your front yard," Bukele said, as the bill called on the…
Adam Morgan McCarthy
3 mins read
Bitso's $2 billion rise shows the power of crypto innovation in Latin America
Bitso "paved the way for much of the crypto ecosystem in Latin America," one expert said, and helpe…
Katie Canales
3 mins read
Crypto airdrops: Here is everything that you need to know
Crypto airdrop is a marketing technique, mostly used to promote a particular crypto product or proj…
1 min read
El Salvador's crypto-loving president says the country will spend $4 million worth of its bitcoin on a pet hospital
El Salvador's President Nayib Bukele said on Sunday some of the country's bitcoin gains would fund …
Camomile Shumba
2 mins read
More than half of experts in a recent crypto survey said bitcoin will replace fiat currency by 2050
So-called hyperbitcoinization could take place as early as 2035, according to Finder.com, which sur…
Carla Mozée
1 min read
El Salvador still has plans for a bitcoin bond even as the country sees a 50% loss on its crypto investment
El Salvador has snapped up 2,381 bitcoins since making it legal tender last year, but it has taken …
Phil Rosen
2 mins read
El Salvador President Nayib Bukele's latest bitcoin purchase channels meme energy with magic number
In a series of tweets — all pointing to the number 21 — President Nayib Bukele documented the count…
Natasha Dailey
2 mins read
Solana-backed products drew in record investment of $50 million last week, thanks to the sol token's resilience during the altcoin crash
Investors poured a record amount of cash into solana-backed products last week, encouraged by the s…