Latest El Salvador News

El Salvador flag waving
Business 13 January 2023

El Salvador passes controversial digital asset legislation

A bill passed by the El Salvador parliament provides the framework for a BTC-backed bond, “The Volcano Bond,” which President Nayib Bukele hopes will enable the government to raise capital to pay down its sovereign debt.

usdc coin digital
Business 22 December 2022

The economic gamble of digital dollarization

So-called stablecoin Tether continues to spread its pervasive influence over a digital asset industry that is being increasingly embraced with wide arms and closed eyes across large parts of Latin America.