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Tag: NAYIB BUKELE

Companies / Politics

El Salvador’s New Mining Legislation: A Controversial Step Towards Gold Exploitation

December 26, 2024December 26, 2024 - by Maya Chowdhury - Leave a Comment

El Salvador’s Legislative Assembly has approved a new mining law to facilitate gold exploitation, removing the previous ban. The law gives the state a monopoly on mining activities, allowing partnerships …

El Salvador’s New Mining Legislation: A Controversial Step Towards Gold Exploitation Read More
Business / economics

Latam Insights: El Salvador’s IMF Agreement, Argentina’s Crypto Surveillance, and Brazil’s Legislative Focus on Cryptocurrency

December 23, 2024December 23, 2024 - by Liam O'Sullivan - Leave a Comment

This edition of Latam Insights highlights El Salvador’s $1.4 billion deal with the IMF, contingent upon scaling back bitcoin adoption. Argentina has announced increased surveillance for crypto crimes, and the …

Latam Insights: El Salvador’s IMF Agreement, Argentina’s Crypto Surveillance, and Brazil’s Legislative Focus on Cryptocurrency Read More
Business / Companies / economics

El Salvador Moves to Close Chivo Wallet Amid Bitcoin Policy Shift

December 23, 2024December 23, 2024 - by Victor Santos - Leave a Comment

El Salvador will privatize or shut down its Chivo cryptocurrency wallet amid a $1.4 billion loan agreement with the IMF. While bitcoin stays legal tender, the government acknowledges low public …

El Salvador Moves to Close Chivo Wallet Amid Bitcoin Policy Shift Read More
Business / Companies

Latam Insights: El Salvador Eyes Gold-to-Bitcoin Switch, Argentina Embraces Crypto ETFs

December 16, 2024December 16, 2024 - by Maya Chowdhury - Leave a Comment

This week in Latam Insights: El Salvador may leverage $3 trillion in gold for bitcoin investment, Argentina is set to allow foreign crypto ETFs, and Brazil may revoke its ban …

Latam Insights: El Salvador Eyes Gold-to-Bitcoin Switch, Argentina Embraces Crypto ETFs Read More
Business

El Salvador and Argentina Forge Alliance to Propel Cryptocurrency Innovation in Latin America

December 12, 2024December 12, 2024 - by Maya Chowdhury - Leave a Comment

El Salvador and Argentina have partnered to promote crypto innovation and regulatory coherence across Latin America. This initiative aims to grow and govern digital assets in the region. With El …

El Salvador and Argentina Forge Alliance to Propel Cryptocurrency Innovation in Latin America Read More
Business / economics

El Salvador and Bhutan: Pioneers in National Bitcoin Strategies

November 29, 2024November 29, 2024 - by Maya Chowdhury - Leave a Comment

El Salvador has nearly 6,000 Bitcoins from daily purchases, while Bhutan has over 12,000 from mining. Leaders of both nations demonstrate strong convictions in Bitcoin’s potential. El Salvador’s strategy is …

El Salvador and Bhutan: Pioneers in National Bitcoin Strategies Read More
Politics

Costa Rica Honors Nayib Bukele for Violence Reduction Amid Controversy

November 15, 2024November 15, 2024 - by Maya Chowdhury - Leave a Comment

Costa Rica honored El Salvador’s President Nayib Bukele for effectively reducing violence from gangs. President Rodrigo Chaves acknowledged Bukele’s methods while Costa Rica faces rising violence and record homicide rates. …

Costa Rica Honors Nayib Bukele for Violence Reduction Amid Controversy Read More
Business

Bitcoin Gains: Bhutan and El Salvador Thrive While Germany Misses Opportunities

November 13, 2024November 13, 2024 - by Ravi Patel - Leave a Comment

Bhutan and El Salvador have successfully leveraged Bitcoin’s rising value, with Bhutan’s holdings exceeding $1 billion and El Salvador’s assets appreciating by over $100 million in a week. Germany’s sale …

Bitcoin Gains: Bhutan and El Salvador Thrive While Germany Misses Opportunities Read More
economics / Politics

How Latin American Leaders May Guide Trump’s Economic Reforms

November 13, 2024November 13, 2024 - by Ravi Patel - Leave a Comment

This article discusses how President-Elect Trump can draw inspiration from the economic policies of Presidents Javier Milei of Argentina and Nayib Bukele of El Salvador to drive reforms in the …

How Latin American Leaders May Guide Trump’s Economic Reforms Read More
Business

The Impact of Bitcoin Adoption on El Salvador: A Taxi Driver’s Success Story

November 11, 2024November 11, 2024 - by Aisha Khoury - Leave a Comment

El Salvador’s adoption of Bitcoin as legal tender aimed to integrate unbanked citizens into the financial system. Taxi driver Napoleon Osorio benefited significantly from this change, establishing a successful business …

The Impact of Bitcoin Adoption on El Salvador: A Taxi Driver’s Success Story Read More

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