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El Salvador Signs Crypto Regulation Agreement With Paraguay

El Salvador Signs Crypto Regulation Agreement With Paraguay

El Salvador has entered a regulatory agreement with Paraguay on the topic of cryptocurrencies. Paraguay’s Secretaría de Prevención de Lavado de Dinero o Bienes (SEPRELAD) signed a Memorandum of...
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El Salvador’s Secret Weapon? Its Extensive Bitcoin Education Program, Says Director Stacy Herbert

El Salvador’s Secret Weapon? Its Extensive Bitcoin Education Program, Says Director Stacy Herbert

A positive feedback loop is being created between El Salvador’s bitcoin education programs and crypto companies looking for a friendly jurisdiction.
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Tether Group to Establish Headquarters in El Salvador in Emerging Markets Push

Tether Group to Establish Headquarters in El Salvador in Emerging Markets Push

The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.
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El Salvador to Shut or Sell Chivo Crypto Wallet as Part of .5B IMF Deal

El Salvador to Shut or Sell Chivo Crypto Wallet as Part of $3.5B IMF Deal

The country's concessions include that taxes must be paid in U.S. dollars, not bitcoin, and bitcoin acceptance will be made voluntary in the private sector.
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El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT

El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT

Salvadoran merchants reportedly will no longer be compelled to accept bitcoin as a means of payment anymore.
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El Salvador’s Bitcoin Stash Rises Above $500M, but Bhutan Story Might be Even Bigger

Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
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IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin

The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.
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El Salvador President Nayib Bukele to Present Debt-Free Budget for 2025

Bukele spoke during the commemoration of 203 years of El Salvador independence.
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U.S. Senator Who Called Bitcoin ‘Ideal Choice for Criminals,’ Convicted of Bribery

Menendez's sentencing has been scheduled for October 29 and he could face decades in prison.
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El Salvador Has Thousands More Bitcoins Than Previously Known

The Central American nation moved $400 million in BTC into a cold storage wallet this week.
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