News with the tag "el salvador"

In a positive development for open-source education, non-profit organization My First Bitcoin (MFB) has received a major donation from #starsmall to advance independent Bitcoin (BTC) education around the globe. $1 Million Grant For Bitcoin Education On Tuesday, My First Bitcoin announced it had rece...

Tether has officially released its first attestation for Tether Gold (XAU₮) for the first quarter of 2025. The report came after the product became regulated in El Salvador and covered other developments for the gold-backed stablecoin. According to the report released on April 28, 2025, Tether Gold ...

An official from the International Monetary Fund (IMF) has confirmed that El Salvador is complying with an agreement to back away from using Bitcoin ( BTC ) as a reserve asset. In a new press briefing , the IMF addresses a question from financial software company Ion Group asking how El Salvador is ...

The Securities and Exchange Commission (SEC) had a meeting with top officials from El Salvador to discuss cross-border regulatory collaboration. Representatives from Goldman Sachs and Perkins Law Firm joined the meeting. El Salvador has been in the news recently regarding US deportations and immigra...

El Salvador’s Comisión Nacional de Activos Digitales (CNAD), the agency in charge of regulating digital assets in the Central American nation, is seeking to establish a cross-border regulatory sandbox with the U.S. Securities and Exchange Commission (SEC). “We want to create international collaborat...

President Donald Trump said Friday that people who attack Tesla property should be sent to El Salvador to serve out their prison terms. He posted the statement on Truth Social, adding that those convicted of setting fire to Tesla cars or vandalizing the company’s locations could face up to 20 years ...

Paraguayan agencies are ready to integrate the crypto sector. All that’s missing is the legislation. That’s according to Juan Carlos Reyes, the president of the Comisión Nacional de Activos Digitales (CNAD), the agency in charge of regulating cryptocurrencies in El Salvador. “From my perspective, Pa...

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines President Nayib Bukele’s behavior regarding the commitments El Salvador has made under the IMF deal, choosing to remain vague rather than explaining how...

El Salvador has increased its Bitcoin holdings, purchasing 6 BTC on March 10 instead of its usual 1 BTC per day. This is occurring against a backdrop of increased pressure from the International Monetary Fund (IMF) to stop its BTC accumulation strategy. El Salvador Remains Committed to Strategy The ...

El Salvador has purchased an additional 5 Bitcoins on Sunday, apart from the usual 1 BTC per day . The accumulation arrives days after the Central American nation acquired 5 BTC, amid a market dip . According to the nation’s Bitcoin Office, the recent accumulation adds up to the country’s BTC stash,...