News El Salvador Markets: CS Global Partners: Bitcoin Heaven El Salvador Newest Nation to Consider Citizenship by Investment
LONDON, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Salvadorian President Nayib Bukele on Sunday said he will send Congress a proposal to grant citizenship to foreigners who invest in the Central American country, another step in the populist leader’s plan to bolster the country’s economy by attracting non-traditional capital. “I’m sending 52 legal reforms to congress to remove red tape, reduce bureaucracy, create tax incentives, citizenship, in exchange for investments, new securities laws, stability con
News El Salvador Markets: New York couple showcase El Salvador-made ‘MAGA hammocks’ at CPAC
A New York couple’s handmade “MAGA hammocks” were the center of intrigue among merchandise booths at the Conservative Political Action Conference this weekend.
News El Salvador Markets: Bitcoin as a State Currency | El Salvador’s Daring Plans with Cryptocurrency
Under the leadership of Nayib Bukele, the country was baptized as the territory using cryptocurrency as state currency. But how is it looking so far?
News El Salvador Markets: El Salvador's president buys bitcoins 'naked,' he boasts. His experiment is costing his nation millions
Four months into El Salvador's Bitcoin experiment, few use the cryptocurrency, fraud has been widespread, and the country has lost up to $22 million.
News El Salvador Markets: Tourism in El Salvador up 30% since Bitcoin adoption, minister says
Bitcoin adoption in El Salvador caused a shift in the flow of tourist visits, with the majority of tourists now coming from the United States instead of the Central American isthmus neighbors.
News El Salvador Markets: El Salvador's president hits out at the 'boomer' lawmakers behind a bill to shield the US from his country's bitcoin adoption
"We are not your colony, your back yard or your front yard," Bukele said, as the bill called on the State Department to report on El Salvador's bitcoin adoption.
News El Salvador Markets: El Salvador's bitcoin bullishness has spurred a tourism boom since the country adopted it as legal tender, top minister says
Since El Salvador adopted bitcoin as legal tender in September 2021, tourism has surged, Tourism Minister Morena Valdez told local news outlet El Salvador News English. The bitcoin bullishness of ...
News El Salvador Markets: El Salvador already has $500 million in verbal commitments for its billion-dollar 'meme' bitcoin bond — and $5 billion in more bonds could follow
People are more interested in the novelty of the bitcoin bond than its fundamentals, one El Salvador financial executive told the Wall Street Journal.
