El Salvador

The International Monetary Fund said Tuesday that it will “ensure” El Salvador does not increase its Bitcoin (CRYPTO: BTC) stockpile, which conflicts with the Central American nation’s state policy. What Happened: The IMF’s announcement came as part of its first...

Bitcoin's (CRYPTO: BTC) blistering rise past $110,000 has handed El Salvador another headline-worthy windfall, prompting President Nayib Bukele to fire back at critics with a screenshot of the country's Bitcoin treasury and the quip, "They said, ‘Don't take screenshots, take profits.'" What...

El Salvador's bold foray into Bitcoin (CRYPTO: BTC) has entered a new chapter of profitability. As of May 19, the country's BTC portfolio stands at approximately $644.4 million, with an unrealized profit of $357.2 million, reflecting a gain of 124.39% on its initial investment of $287.2 million....

El Salvador’s economy minister reiterated the country’s resolve to hoard more Bitcoin (CRYPTO: BTC) Tuesday despite the International Monetary Fund’s requirement to reduce exposure to the leading cryptocurrency. What happened: During an interview with Bloomberg, Maria Luisa Hayem...

The Securities and Exchange Commission met with officials from El Salvador’s National Commission on Digital Assets on Tuesday to collaborate on cryptocurrency regulation across borders. What Happened: According to a memo dated April 22, representatives from Perkin Law Firm, LLC...

Sen. Chris Van Hollen (D-Md.), a longtime but mostly low-profile legislator, has surged into the national spotlight following a trip to El Salvador to meet with Kilmar Abrego Garcia. The visit, where Van Hollen met with the Maryland man erroneously deported by the Trump administration after...

President Donald Trump met President Nayib Bukele of El Salvador at the White House on Monday, where they discussed the mistaken deportation of a Maryland resident to the Central American country and their prospective return. What Happened: Trump thanked Bukele for accepting custody of individuals...

President Donald Trump‘s administration has disclosed a wellness report for a Maryland man who was erroneously deported to El Salvador. The report is part of a court-ordered daily update. What Happened: The U.S. District Judge Paula Xinis has mandated that the White House provide daily...

El Salvador President Nayib Bukele reiterated his commitment to Bitcoin (CRYPTO: BTC) on Tuesday despite pressure from the International Monetary Fund to limit exposure to the apex cryptocurrency. What Happened: Bukele took to X to express his unwavering support for Bitcoin, saying "This all...

Within the first week of his inauguration, President Donald Trump signed an executive order that included a directive to evaluate the creation of a "strategic national digital assets stockpile." The Federal Reserve has also shunned plans to create a central bank digital currency, setting a...

El Salvador's President Nayib Bukele met with MicroStrategy (NASDAQ:MSTR) co-founder Michael Saylor on Thursday at the country's presidential palace, according to the country’s National Bitcoin Office. What Happened: While the specifics of their discussion remain undisclosed, the meeting...

El Salvador’s attempt to embrace Bitcoin (CRYPTO: BTC) as legal tender has conclusively proven that the cryptocurrency is not viable as a widespread payment system, according to an analysis by John Paul Koning. What Happened: Even with government support, adoption sputtered, Koning stated in...

Last week was a whirlwind of news, with major developments unfolding from the White House to El Salvador. From Elon Musk’s new government role to President Trump’s latest tariff imposition, the weekend was packed with stories that kept us on our toes. Here’s a quick recap of the...

El Salvador's President Nayib Bukele says he will incarcerate convicted criminals from the U.S. in his country, a macabre offer that is being praised as an "unprecedented" by U.S. Secretary of State Marco Rubio. Bukele made the proposal while hosting Rubio at his residence near San Salvador on...

El Salvador cashed in on the market slump Monday to add 11 Bitcoins (CRYPTO: BTC), worth over $1 million, to its strategic reserve. What happened: The Central American nation increased its daily purchases to 11, which is 10 more than the one Bitcoin per day policy, according to its treasury...