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El Salvador’s Bitcoin Volcano Bonds Launch Still on Hold, According to Treasury Minister

The date of the launch of the Salvadoran bitcoin bonds, the instrument that would serve to build the announced Salvadoran Bitcoin City, is still unknown. Announced to be released earlier…

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Salvadoran Bitcoin Bonds Might Be Issued by State Geothermal Company La Geo, Delays Possible

The treasury minister of El Salvador, Alejandro Zelaya, has informed about the future of the issuance of the bitcoin bonds and the possibility of these being issued by La Geo,…

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El Salvador to Add More Geothermal Energy Sources to Power Bitcoin City

The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin…

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El Salvador Buys 21 More Bitcoins to Celebrate 21st Day, Year, Century

El Salvador, the country which made bitcoin legal tender, has purchased 21 more bitcoins to celebrate “the last 21st day of the year 21 of the 21st century,” President Nayib…

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El Salvador Buys 100 More Bitcoins Amid Crypto Sell-Offs and New Covid-19 Variant Scare

As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more bitcoins to its treasury despite…

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IMF Warns El Salvador Against Using Bitcoin as Legal Tender After ‘Bitcoin City’ Announcement

The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender due to various risks associated with cryptocurrency. The warning came one day after Salvadoran President…

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El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’

President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no…

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Pro-Bitcoin Miami Mayor Says He Will Take Next Paycheck 100% in BTC

The mayor of the U.S. city of Miami says that he is going to take 100% of his next paycheck in bitcoin and become the first American politician to accept…

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