The country has stored over US$400 million in Bitcoin in an offline "cold wallet," as the cryptocurrency hits new all-time highs; President, Nayib Bukele, called it El Salvador's “first crypto piggy bank”

More lines about El Salvador, America

• America

  El Salvador

  El Salvador's new cybersecurity and data protection laws, establishing a state cybersecurity agency, risk limiting press freedom and privacy by enabling government censorship through a broad "right to be forgotten" clause, warns Human Rights Watch

• America

  El Salvador

  Diplomatic relations with 16 new countries will be established in 2025, including opening an embassy in Egypt; the plan aims to boost trade, attract foreign investment, and enhance international cooperation on security

• America

  El Salvador

  The country's volcanoes could be rented out for Bitcoin mining, leveraging geothermal energy, proposed El Salvador's President Nayib Bukele as the nation continues its push to lead global cryptocurrency adoption

• America

  El Salvador

  El Salvador's Cecot prison was praised by Matt Gaetz, recently nominated by Donald Trump as US Attorney General, citing its strict discipline as a potential model for the US, despite criticisms of harsh conditions and suspension of constitutional rights

Visit all El Salvador lines archive