El Salvador

Could the President of El Salvador be losing his faith in the Bitcoin City project? The project, which was first introduced back in 2021, was hailed to be one of the most avant-garde projects in the world. Three years after it was first introduced, President Bukele has been relatively silent on the developments and the progress of this project... Until now.

Thousands of Bitcoin and crypto enthusiasts gathered outside a Mcdonalds restaurant to trade in their satoshis for Big Macs, McFlurrys and coffee? Little did they know they would be the pioneers to make the first Bitcoin payment.

El Salvador is increasing its Bitcoin holdings despite IMF conditions, recently purchasing 11 BTC and bringing its total to over 6,067 BTC. To comply with its $1.4 billion IMF agreement, the country has made Bitcoin adoption optional and removed tax payments in BTC.

Tether is moving its headquarters to El Salvador, attracted by the country's crypto-friendly policies and tax benefits. The relocation is a key step in enhancing El Salvador's role as a digital asset hub while supporting Tether's expansion.

El Salvador continues to buy Bitcoin, including a recent purchase of 11 BTC, increasing its total holdings to over 6,000 BTC. President Bukele has also expressed interest in acquiring Bitcoin seized by the U.S. government, further solidifying the country’s commitment to cryptocurrency.

El Salvador and Argentina have signed an agreement to collaborate on cryptocurrency regulation and innovation in Latin America. The deal aims to share expertise, boost crypto growth, and strengthen the regulatory framework for digital assets in both countries.

Brazil is considering a law to create a Bitcoin reserve, RESBit, as part of its economic strategy to strengthen stability and support its digital currency, Drex. Inspired by El Salvador's Bitcoin use, the reserve would diversify assets and be managed with blockchain for transparency.

El Salvador’s President Bukele quickly congratulated Donald Trump on his election win, signalling a diplomatic alignment with the U.S. leader. As Trump nears victory, the race remains tight, with global implications depending on the final outcome.

El Salvador's President Nayib Bukele donated two Bitcoins, worth about $134,000, to help build 1,000 schools in Honduras, a country facing poverty and educational challenges. The donation was received by philanthropist Shin Fujiyama, who co-founded Students Helping Honduras and is currently running a charity run in El Salvador to raise funds for the initiative.

比特币在萨尔瓦多推行三年，但民众接受度依然低迷