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El Salvador

nayib-bukele-and-elon-musk-discuss-ai,-robotics,-and-future-of-humanity

Nayib Bukele and Elon Musk Discuss AI, Robotics, and Future of Humanity

El Salvador’s President Nayib Bukele met with Tesla and Spacex CEO Elon Musk at the Texas Gigafactory, discussing AI, robotics, and humanity’s future. The two exchanged views on innovation, and Musk praised Bukele’s leadership. Their conversation emphasized how cutting-edge technologies could shape global progress, aligning with El Salvador’s forward-thinking stance. Bukele and Musk Discuss AI, […]

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us-company-settles-salvadoran-coffee-purchase-with-bitcoin

US Company Settles Salvadoran Coffee Purchase With Bitcoin

According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran counterpart in this transaction, explained that he received the payment in less than 10 minutes, bypassing the need for intermediaries in these deals. Salvadoran Coffee

US Company Settles Salvadoran Coffee Purchase With Bitcoin Read More »

bukele-states-el-salvador-will-self-finance-2025-budget,-won’t-issue-even-‘a-cent’-of-debt

Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt

President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be the first time this happened in decades, highlighting the relevance of independence and self-sufficiency for

Bukele States El Salvador Will Self-Finance 2025 Budget, Won’t Issue Even ‘a Cent’ of Debt Read More »

‘world’s-coolest-dictator’-bukele-promotes-el-salvador-as-free-speech-haven

‘World’s Coolest Dictator’ Bukele Promotes El Salvador as Free Speech Haven

El Salvador President Nayib Bukele highlighted his country’s commitment to free speech and safety in a recent social media post, indirectly referencing the arrest of Telegram CEO Pavel Durov in France. Bukele emphasized that El Salvador guarantees freedom from arrest, censorship, and asset seizure for exercising free speech, positioning the nation as a haven for

‘World’s Coolest Dictator’ Bukele Promotes El Salvador as Free Speech Haven Read More »

latam-insights-encore:-el-salvador-bitcoin’s-allure-might-help-bukele-reactivate-the-country’s-economy

Latam Insights Encore: El Salvador Bitcoin’s Allure Might Help Bukele Reactivate the Country’s Economy

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities of making Bitcoin an important part of the proposed economic overhaul plan of El Salvador. Latam Insights Encore: El Salvador Might Benefit Putting Bitcoin at the Center of

Latam Insights Encore: El Salvador Bitcoin’s Allure Might Help Bukele Reactivate the Country’s Economy Read More »

latam-insights-encore:-el-salvador-forges-a-path-to-overcome-imf’s-bitcoin-phobia

Latam Insights Encore: El Salvador Forges a Path to Overcome IMF’s Bitcoin-Phobia

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador is opening for other countries to receive help from international institutions like the IMF even when adopting bitcoin as legal tender. Latam Insights Encore: El

Latam Insights Encore: El Salvador Forges a Path to Overcome IMF’s Bitcoin-Phobia Read More »

latam-insights:-el-salvador-advances-talks-with-imf-despite-bitcoin-allegiance;-brazil-passes-first-solana-spot-etf

Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot ETF; and Polymarket gets criticized for its decision on the Venezuelan presidential election bet. El Salvador

Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF Read More »

global-asset-freeze-targets-fugitive-‘cryptoqueen’-and-onecoin

Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin

A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly aiding victims’ compensation. Onecoin’s Ruja Ignatova Faces Global Asset Freeze Amid Investor Lawsuit

Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin Read More »

latam-insights:-us-department-of-state-acknowledges-bitcoin-helped-revive-el-salvador’s-tourism,-paraguayan-government-dismisses-power-fee-hike-concerns

Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns about power fee hikes for bitcoin mining activities, and Salvadoran basic goods’ prices reach record highs. US

Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns Read More »

us-department-of-state-highlights-bitcoin’s-significance-for-tourism-in-el-salvador

US Department of State Highlights Bitcoin’s Significance for Tourism in El Salvador

The U.S. Department of State has highlighted the relevance of recognizing bitcoin as a legal tender for the rebirth of tourism in El Salvador. In a recently released investment climate report, the department states that this factor has given significant publicity to El Salvador, contributing to its popularity as a tourist destination. U.S. Department of

US Department of State Highlights Bitcoin’s Significance for Tourism in El Salvador Read More »