El Salvador lawmakers overturn mining ban in win for president
El Salvador's legislature overturned a seven-year-old ban on metals mining on Monday, a move that President Nayib Bukele had ...
Yahoo10d
El Salvador's Congress approves ending ban on metals mining
FILE - El Salvador President Nayib Bukele speaks after receiving Costa Rica's highest honor from President Rodrigo Chaves at the presidential palace in San Jose, Costa Rica, Nov. 11, 2024.
CoinTelegraph25d
El Salvador plans Bitcoin policy changes to secure $1.3B IMF loan — FT
El Salvador, the first country in the world to accept Bitcoin as legal tender, is reportedly scaling back its BTC ambitions under pressure from the International Monetary Fund (IMF). El Salvador ...
Business Insider25d
El Salvador will reportedly dial back its bitcoin ambitions to secure a loan from the IMF
El Salvador will likely dial down bitcoin's role as a legal tender in exchange for a $1.3 billion loan from the International Monetary Fund, The Financial Times reported. Though a finalized deal ...
CoinTelegraph26d
El Salvador’s Bitcoin gains top $300M — President
The portfolio shows no Bitcoin has been sold, and unrealized gains now exceed $333 million. El Salvador was the first country to adopt Bitcoin as a legal tender. On Sept. 7, 2021, the country’s ...
Los Angeles Times28d
El Salvador’s president is triumphant after his bet on bitcoin comes true
SAN SALVADOR, El Salvador — As bitcoin reached historic highs, surpassing $100,000 for the first time, El Salvador’s President Nayib Bukele was triumphant about his big bet on the cryptocurrency.
Mining24d
El Salvador sitting on $3 trillion worth of unmined gold, president says
El Salvador, which became the first country in the world to ban metals mining, could be losing out economy-changing wealth due to its massive unearthed gold deposits, says its President Nayib Bukele.
Newsweek24d
El Salvador Eyes $3 Trillion Gold Mine Beneath Its Soil
Seven years ago, El Salvador made global headlines as the first country in the world to ban all metal mining. The decision was hailed as a victory for environmental protection, celebrated by local ...
TheStreet.com25d
El Salvador Is the Only Country Directly Buying Bitcoin Among 13 BTC-Holding Nations
Over 13 nations are now confirmed to hold the cryptocurrency, however, El Salvador stands out as the only country to make direct Bitcoin purchases, according to a report by River, a Bitcoin exchange.
Global Finance8d
Central Banks And Sovereign Funds Grow Crypto Reserves
The UK and El Salvador, market pioneers in digital currencies ... This reality helps central banks that own digital currencies, especially bitcoin, reduce that third-party risk.
Morningstar29d
El Salvador sits on $300 million-plus profit as bitcoin hits a milestone
Among those celebrating bitcoin's ascendance past $100,000 is the country of El Salvador. President Nayib Bukele on Thursday posted a screenshot of the country's portfolio on X that showed a ...
Barron's25d
President's Push To Scrap Gold Mining Ban Causes Outcry In El Salvador
El Salvador's gang-busting strongman President Nayib Bukele has set out on a new mission: to kickstart his country's sputtering economy by inviting back the mining companies that were barred seven ...