'Feel the Bit': El Salvador president gets mixed reaction to Bitcoin drive
Some have expressed outrage at the glitzy promotion of the plan to push the cryptocurrency in a nation beleaguered by inequality, violence and poor public services.
El Salvador plans first 'Bitcoin City' backed by Bitcoin bonds
El Salvador in September became the first country in the world to adopt bitcoin as legal tender.
Salvadoran President Nayib Bukele stepped in on Wednesday to manage the fraught roll-out of a payment app that underpins the nation's adoption of bitcoin as legal tender, and called on users to report any problems on his Twitter feed. Adopting language similar to IT departments ...
Japan pressed El Salvador to prevent Chinese influence over port
The Japanese government prevented a Chinese corporation from getting operating rights at a port in El Salvador to be built with a concessional loan from Tokyo, diplomatic sources said Monday. The government warned of withdrawing its plan to provide ¥11.2 billion ($102 million) in official ...
Anti-corruption outsider wins El Salvador presidency, ending three decades of two-party dominance
A former mayor campaigning on an anti-corruption ticket swept to victory in El Salvador's presidential election on Sunday, bringing an end to a two-party system that has held sway over the violence-plagued Central American country for three decades. Nayib Bukele, the 37-year-old former mayor of ...
