El Salvador Buys Back $565M Worth of Bonds, Plans to Launch New Offering in 8 Weeks
The bond repurchase is seen as an attempt by El Salvador to dispel rumors of a potential default on its debt.
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Sep 21, 2022 at 9:29 p.m. UTC
Sep 21, 2022
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1 Year of Bitcoin in El Salvador: The Bad, the Good and the Ugly
Despite many real stumbles and skeptical mainstream coverage of Nayib Bukele’s bitcoin initiative, both tourism numbers and remittance usage are already showing meaningful payoffs.
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Sep 15, 2022 at 7:38 p.m. UTC
Sep 15, 2022
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El Salvador Introduces 2 Sovereign Debt Repurchase Bills in Effort to Allay Default Concerns
President Nayib Bukele announced that the Central American country seeks to buy back bonds maturing in 2023 and 2025 at market prices.
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Jul 26, 2022 at 8:49 p.m. UTC
Jul 26, 2022
El Salvador compra 80 bitcoins adicionales a $19K cada uno, según el presidente Bukele
La última compra del país centroamericano había sido en mayo.
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Jul 1, 2022 at 5:27 p.m. UTC
Jul 1, 2022
El Salvador Purchases 80 Additional Bitcoin at $19K, President Bukele Says
The last purchase by the Central American country had been in May.
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Jul 1, 2022 at 1:41 a.m. UTC
Jul 1, 2022
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With Market Crash, El Salvador Is Down $52M on Its Bitcoin Bet
The country has made $104 million in investments in the cryptocurrency since it made bitcoin legal tender last September.
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Jun 14, 2022 at 6:11 p.m. UTC
Jun 14, 2022
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Will El Salvador Default on Its Sovereign Debt in 2023?
While the issuance of a $1 billion bitcoin bond is delayed, President Nayib Bukele must face payments of $800 million next January. Will he make it?
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Jun 8, 2022 at 3:48 p.m. UTC
Jun 8, 2022
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Morgan Stanley Warns NFTs Next to Watch After UST Collapse; Bukele Announces Bank Meeting in El Salvador
The most valuable crypto stories for Monday, May 16, 2022.
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May 16, 2022 at 11:57 p.m. UTC
May 16, 2022
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El Salvador Acquires 500 Additional Bitcoin Amid Market Drop
President Nayib Bukele tweeted that his country “just bought the dip.”
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May 9, 2022 at 9:03 p.m. UTC
May 9, 2022
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The Crypto Company Aiding El Salvador’s Bitcoin Adoption
Chicago-based Athena Bitcoin deployed bitcoin ATMs in El Salvador a week after the government legalized bitcoin as legal tender. Despite rollout problems, the company remains bullish on the project. This piece is part of CoinDesk's Payments Week.
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Apr 28, 2022 at 7:35 p.m. UTC
Apr 28, 2022