-
27 Jul 22
El Salvador plans to buy back some of its sovereign bonds to send “a clear signal” that the country’s public finances are sound.
-
28 Apr 22
The Central African Republic has become the second country to make the cryptocurrency Bitcoin legal tender, following El Salvador’s move last year that faced criticism from global institutions.
-
24 Mar 22
The president of El Salvador has insisted his government will issue a planned bitcoin-backed bond, initially set for last week, after a “short delay”.
-
3 Feb 22
El Salvador has rejected calls by the IMF to halt plans to use Bitcoin as legal tender.
-
17 Sep 21
El Salvador has been warned its adoption of bitcoin as a legal currency earlier this month could lead S&P Global to downgrade its rating.
-
1 Sep 21
El Salvador’s legislative assembly has voted to create a $150m trust to help smooth the introduction of Bitcoin as an official currency next week.
-
3 Aug 21
One month before El Salvador formally adopts Bitcoin as legal tender, the International Monetary Fund has published a warning that cryptocurrencies are “too volatile and unrelated to the real economy...
-
8 Jun 21
El Salvador's president is pushing a new law to adopt Bitcoin as a legal currency, a move he said would help lift millions out of poverty in El Salvador.
-
23 Apr 19
The World Bank has recognised the important role local authorities in El Salvador can play in withstanding the natural disasters that plague the country.
-
21 Nov 17
El Salvador has been hailed as a “stand-out tax reformer” as it climbed up 22 places on an annual World Bank index ranking countries according to where it is ‘easiest to do business...