News El Salvador Banks: War on gangs forges new El Salvador. But the price is steep
One year ago, El Salvador's President Nayib Bukele suspended constitutional rights and started an all-out offensive on gangs. Now, El Salvador has undergone a radical transformation.
News El Salvador Banks: El Salvador Payment to Clear First 2023 Hurdle for Distressed EM
(Bloomberg) -- El Salvador’s Bitcoin-touting government is poised to deliver on a $604 million bond maturing this week, in a turn of events that leaves investors in distressed emerging-market debt with only one more big maturity to worry about this year.Most Read from BloombergPrince Andrew and Virginia Giuffre Photo Is Fake: Ghislaine MaxwellHolmes Belongs in Prison, Not $13,000-a-Month Manor, US SaysInvestors Aren't Sure When to Dive Back Into US Stock MarketChina Says Covid Deaths Top 12,600
News El Salvador Banks: Miss Universe El Salvador Walks the Stage Holding Giant Bitcoin Staff
Alejandra Guajardo, El Salvador’s representative at Miss Universe 71, wore a Bitcoin-themed outfit during the pageant on Wednesday night.
News El Salvador Banks: El Salvador Passes Key Bitcoin Legislation, Making Way for 'Volcano Bonds'
El Salvador’s legislative assembly has approved a digital securities bill that also paves the way for the issuance of Bitcoin bonds.
News El Salvador Banks: Why El Salvador Is Ahead Of Every Other Country In One Imperative Way
According to Aljazeera, the 47-article law received 62 votes from the 84-seat El Salvador Congress earlier this week. "The purpose of this law is to establish the legal framework that grants legal ...
News El Salvador Banks: After El Salvador and CAR, what country is next to adopt crypto?
El Salvador and the Central African Republic made bold moves regarding cryptocurrency, adopting Bitcoin as a legal tender. But the question is, is there any other country to follow in their ...
News El Salvador Banks: El Salvador’s President Paves Way for Bitcoin Adoption
Pro-Bitcoin President of El Salvador, Nayib Bukele recently announced that he sent 52 legal reforms to Congress in an effort to create tax incentives.
News El Salvador Banks: Cutting Russian Banks From SWIFT Will Give Bitcoin Another Chance -- Will It Work?
Cutting Russian banks from SWIFT will give bitcoin the chance to serve as an international currency. But it may be short-lived. A few months ago, bitcoin got its first chance to become an ...