America El Salvador The country has established the National Bitcoin Office, a completely new government authority which will be regulated by President Nayib Bukele and will focus on regulating everything related to Bitcoin
America El Salvador President Nayib Bukele has announced that starting this week, the country will buy one Bitcoin every single day for an indefinite amount of time
America El Salvador As the country has about $670 million of bonds due to pay in January, China has offered to buy El Salvador’s debt to help it refinance all foreign obligations
America El Salvador About 180.000 Salvadorans are at risk of being deported from the US after negotiations with President Joe Biden on the extension of the Temporary Protected Status (TPS) — which allows families to temporarily stay in the US — fell apart
America El Salvador The IMF has advised the country that if it doesn’t stop the use of the Bitcoin as a legal tender, it will no longer issue loans to the state
America El Salvador The country, together with Italy, announced the Vivicafé project, through which the Italian government will finance more than a thousand national small coffee producers with US$5 million to grow their businesses
America El Salvador As an attempt to discredit rumours of a potential default on its debt, the country has bought back a portion of its sovereign debt bonds, totalling a record-breaking US$565 million
America El Salvador President Nayib Bukele has announced that he is officially seeking re-election, despite the country’s constitution prohibiting presidents to serve consecutive terms
America El Salvador A year has passed since the state’s legalisation of Bitcoin as a legal tender, and since no major economic breakthroughs took place as a result, the IMF has shut down all negotiation opportunities for a possible financing plan for the country
America El Salvador President Nayib Bukele’s efforts towards its ongoing gang crackdown has lead to the government begin planning the construction of a mega-prison for over 40.000 gang detainees
America El Salvador President Nayib Bukele has publicly admitted that throughout the country’s ongoing state of emergency several unjust arrests have been done, so prisons have released approximately 800 wrongly convicted inmates
America El Salvador Just in the first few days of this month there has been a 195% increase in the country's terrestrial migratory flow
America El Salvador The government has extended the State of Emergency for a fourth time to continue its ongoing gang crackdown, however, citizens have taken the streets to protest since already over 46.000 people have been arrested