News with the tag "Bukele"

El Salvador's Bitcoin reserve has generated an unrealized profit of $470 million, validating its bold strategy of adopting Bitcoin as legal tender and making significant investments in the cryptocurrency.

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The meeting between El Salvador's President Nayib Bukele and Pakistan's State Minister for Blockchain and Crypto, Bilal Bin Saqib, highlights potential collaboration and learning opportunities in digital asset policy, inspired by El Salvador's Bitcoin initiatives.

El Salvador's Bitcoin investment has grown significantly to $691 million, yielding nearly $400 million in unrealized gains, but the country now faces potential US sanctions under the proposed El Salvador Accountability Act.

El Salvador has achieved nearly $400 million in unrealized profit from its Bitcoin holdings, showcasing the success of its pioneering adoption of Bitcoin as legal tender under President Nayib Bukele's leadership.

A US Senate bill targets El Salvador's Bitcoin strategy with sanctions, aiming to freeze assets and revoke visas of Salvadoran officials, while also scrutinizing the country's Bitcoin reserves.