You Searched For "el salvador foreign investment" and got 20 results
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2 mins read
Good news for crypto adoption — Central African Republic becomes the second country to adopt Bitcoin as legal tender
The Central African Republic has become the second to legalise Bitcoin in the world. Bitcoin will …
2 mins read
Sleeping bitcoins are starting to wake up as whales move funds around
Crypto experts and bankers have often said that most Bitcoins are perennially held in wallets and n…
4 mins read
Mexico's cartels are finding new ways to get their hands on a new kind of gun
The flow of black-market weapons facilitates cartel turf wars and has driven killings in Mexico to …
Luis Chaparro
5 mins read
Photos: Bitcoin has a rocky rollout as El Salvador's new national currency
El Salvador became the first country to make Bitcoin an official currency. Here's what the rollout …
Camilo Freedman
1 min read
El Salvador's bitcoin bullishness has spurred a tourism boom since the country adopted it as legal tender, top minister says
A top El Salvador minister said that tourism has jumped more than 30% since the nation's adoption o…
Phil Rosen
4 mins read
El Salvador is pushing for the use of Bitcoin with ATMs, digital wallets and free money — but participation is not ‘mandatory’
El Salvador’s President, Nayid Bukele, is leaving no stone unturned in trying to get the country’s …
1 min read
El Salvador's bitcoin adoption and its crypto-loving President Nayib Bukele contribute to country's credit downgrade at Fitch
Fitch Ratings cut El Salvador's credit rating to CCC from B-, following a warning and downgrade fro…
Natasha Dailey
3 mins read
CoinShares' investment chief lays out why bitcoin's 'identity crisis' means it's harder to regulate and how governments can't truly ban crypto no matter how hard they crack down
Regulators around the world are tightening the screws on crypto, but greater oversight and transpar…
Camomile Shumba
1 min read
El Salvador is partnering with a solana-based lending company to offer crypto loans to businesses, report says
The loans, Acumen project manager Andrea Gómez told CoinDesk, will have an annual interest rate of …
Phil Rosen
2 mins read
Bitcoin could boost El Salvador's economy by making overseas payments cheaper and boosting US business, Bank of America says
The market has been "excessively pessimistic" about El Salvador's move to adopt bitcoin as legal te…
Harry Robertson
3 mins read
El Salvador’s crypto-friendly plans are facing some important questions
JPMorgan said that the daily payment activity in El Salvador will be approximately 4% of t…
3 mins read
Kamala Harris sought advice from corporate executives on how to address poverty, climate change, and corruption in Central America: report
According to the report, those conversations led to $1.2 billion in pledges from corporations to "s…
Bryan Metzger,John Haltiwanger
3 mins read
El Salvador's leader hopes bitcoin can lift the country out of the Third World, and it doesn't need the World Bank's help, he said in an interview. Here are his 9 best quotes.
Nayib Bukele spoke about exercising the sovereign right to adopt legal tender without the World Ban…
Shalini Nagarajan
3 mins read
Emerging markets could be the next big frontier for crypto. A slew of politicians want to follow El Salvador and adopt bitcoin as legal tender.
Emerging markets could be the next big crypto frontier as central banks create digital currencies a…
Sophie Kiderlin
2 mins read
The president of El Salvador says the country is exploring using geothermal energy from volcanoes to mine bitcoin following its decision to make the cryptocurrency legal tender
Nayim Bukele has instructed El Salvador's state-owned geothermal energy company to put up a plan to…
Will Daniel
2 mins read
A Washington lawmaker said he's in El Salvador with a 'bad bout' of COVID-19 and asked his colleagues to send him monoclonal antibody treatments
It's not clear whether GOP State Sen. Doug Ericksen, who opposed a vaccine mandate and other measur…
Connor Perrett
2 mins read
Mike Novogratz says the bitcoin market got too excited before the latest crash - and singles out highly leveraged retail traders
"This was a little air being popped out of the balloon," crypto billionaire Mike Novogratz said of …
Harry Robertson
1 min read
Legendary emerging markets investor Mark Mobius says El Salvador's bitcoin adoption won't likely catch on elsewhere
"It just doesn't make sense to have a payments system with bitcoin when you can use [your] phone to…
Ethan Wu
3 mins read
El Salvador is set to make bitcoin an official currency next week. But a messy rollout has marred the process amid anti-bitcoin protests in the country's capital.
The bitcoin law will affect local business, global investment, and daily life for Salvadorans. Yet …
Ethan Wu
2 mins read
El Salvador's decision to make bitcoin legal tender will hurt the credit ratings of local insurers, Fitch says
President Bukele has reassured Salvadorans as well as international investors that using bitcoin wi…