Search
Is Bukele the Next Chávez? Salvadoran Legislative Assembly Passes ‘Indefinite’ Re-Election Reform
3.8.2025
The Salvadoran Legislative Assembly, which is almost completely controlled by President Nayib Bukele, passed a reform that explicitly allows the president to opt for reelection as many times as desired. While many praised the change, others claim that this is similar to what Hugo Chávez did...
Salvadoran President Nayib Bukele can now run for election indefinitely
1.8.2025
El Salvador approved indefinite reelection for President Bukele and extended terms to six years, sparking backlash from critics warning of rising authoritarianism
Salvadoran President Nayib Bukele can now run for election indefinitely
1.8.2025
El Salvador approved indefinite reelection for president and extended terms to six years, sparking backlash from critics warning of increasing authoritarianism
Salvadoran President Nayib Bukele can now run for election indefinitely
1.8.2025
El Salvador approved indefinite reelection for president and extended terms to six years, sparking backlash from critics warning of increasing authoritarianism
White House Crypto Chief Bo Hines Met With El Salvador’s Bukele to Discuss Bitcoin
5.6.2025
"Extraordinary things" could happen for the United States and El Salvador as a result of the meeting, said Salvadoran Bitcoin Office Director Stacy Herbert
Latam Insights: IMF to Confine Salvadoran BTC Purchases, Brazil BRICS Payment Bet
2.3.2025
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the International Monetary Fund (IMF) approves a $1.4 billion credit facility for El Salvador, Brazil states it will spearhead the development...
Latam Insights: Brazil to Empower Fund to Buy Crypto, Tether Talks Salvadoran Skyscraper
9.2.2025
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, a Brazilian lawmaker introduces a bill to allow funds to purchase crypto, Tether details its Salvadoran skyscraper move, and crypto remittance...
Latam Insights: Tether’s Salvadoran Move, Rumble’s Cloud Deal
19.1.2025
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, Tether relocates its headquarters to El Salvador, Rumble closes a cloud deal with the Salvadoran government, and Nubank opens...
El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT
9.12.2024
Salvadoran merchants reportedly will no longer be compelled to accept bitcoin as a means of payment anymore
Bukele Aims to Tap Into the Massive Potential of Salvadoran Gold Reserves
29.11.2024
Salvadoran President Nayib Bukele recently highlighted the size and significance of the country’s natural gold reserves and how they can be used to improve the quality of life for Salvadorans. President Nayib Bukele Defies Mining Ban Law, Aims to Take Advantage of Salvadoran Gold Reserves...
Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances
4.11.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, a public records inquiry reveals contradictions in the reported results for ‘Adopting El Salvador,’ Brazil mulls taxing stablecoin remittances...
Public Records Inquiry Reveals the Failure of Salvadoran Bitcoin Millionaire Investor Visa Program
29.10.2024
A recently disclosed public records request reveals contradictions between the number of visas issued under the ‘Adopting Bitcoin’ program, which allowed millionaires to acquire Salvadoran nationality, and the numbers publicly disclosed on social media. Public Records Investigation...
Latam Insights: Bukele Announces Self-Financed Budget; Salvadoran Coffee Purchase Settled With Bitcoin
23.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, President Nayib Bukele announces a zero debt budget, a batch of Salvadoran coffee gets purchased using bitcoin, and Lightspark eyes the region’s markets....
US Company Settles Salvadoran Coffee Purchase With Bitcoin
21.9.2024
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...
Salvadoran Educational Nonprofit Mi Primer Bitcoin Risks Running out of Funds
28.8.2024
Mi Primer Bitcoin, an educational bitcoin nonprofit organization founded in El Salvador, risks running out of funds by September according to statements from its founder John Dennehy. Dennehy declared that while they expect to receive multiple grants by the end of the year, they need additional...
Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation
7.8.2024
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of Salvadorans is being affected by rising inflation...
Salvadoran Basic Goods Basket Rose to Historic Highs in June
26.7.2024
The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching $262.17. President Bukele recently expanded the action...
Latam Insights: Salvadoran Government Introduces Bitcoin Banking Bill, Bitcoin to Compete With Other Currencies in Argentina
24.6.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with other currencies in Argentina, and the Wasabi Wallet...
Salvadoran Government Introduces Bitcoin Banking Law Reform
16.6.2024
The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The banking law reform introduced to the National Assembly would allow private investors to constitute banks that can provide services in Bitcoin...
Argentine Officials Met With Salvadoran Regulators to Discuss Bitcoin Adoption and Regulation
27.5.2024
Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the second between these two institutions and hints...