Corruption in Central America frustrates US plan to tackle migration ‘root causes’ More than a year into US President Joe Biden’s sweeping effort to tackle the “root causes” of migration with... Published 04 Jun, 2022 04:18am
Technology El Salvador plans first 'Bitcoin City', backed by bitcoin bonds MIZATA: El Salvador plans to build the world's first "Bitcoin City", funded initially by bitcoin-backed bonds,... Updated 21 Nov, 2021 03:01pm
Markets El Salvador to use bitcoin gains to fund veterinary hospital, president says SAN SALVADOR: El Salvador will invest some of the $4 million gains it has obtained from its bitcoin operations to... Published 10 Oct, 2021 11:28am
Business & Finance Salvadorans march against bitcoin and 'dictatorship' SAN SALVADOR: Thousands of Salvadorans protested Wednesday against the government's introduction of bitcoin as legal... Published 17 Sep, 2021 03:52am
Print El Salvador's world-first adoption of bitcoin hits snags SAN SALVADOR: El Salvador on Tuesday became the first country to adopt bitcoin as legal tender, although it suffered... Published 08 Sep, 2021 04:31am
Technology Remittance costs key to take-up of Salvadoran bitcoin plan: development bank Bukele has touted bitcoin adoption as a way to facilitate remittance payments from Salvadorans living abroad Published 25 Aug, 2021 11:07am
Business & Finance El Salvador bitcoin move opens banks to money laundering, terrorism financing risks: Fitch SAN SALVADOR: El Salvador's law making bitcoin legal tender means banks face higher risks, including of violating... Published 27 Jun, 2021 03:56am
Markets Bitcoin to become legal tender in El Salvador on Sept 7 According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash. Published 25 Jun, 2021 10:47am
Business & Finance World Bank rejects El Salvador request for help in adopting bitcoin WASHINGTON: The World Bank rejected a request from El Salvador for assistance in its bid to adopt bitcoin as a... Published 18 Jun, 2021 04:16am
Business & Finance In a world first, El Salvador makes bitcoin legal tender Converting local currencies to and from bitcoin often relies on informal brokers, while trading often demands technical knowledge. Published 10 Jun, 2021 12:04pm
World El Salvador approves law to make bitcoin legal tender SAN SALVADOR: The Congress of El Salvador has approved a law that will classify Bitcoin as legal tender in the... Published 10 Jun, 2021 03:22am
World El Salvador first country to approve bitcoin as legal tender El Salvador's main currency is the US dollar It remains unclear how the country plans to implement bitcoin as a functioning currency Published 09 Jun, 2021 05:31pm