Latest El Salvador News

IMF International monetary fund tranche approved
Business 28 January 2022

IMF to El Salvador: Remove BTC as legal tender

The IMF says that El Salvador is at a heightened risk with its financial and market integrity, financial stability, and consumer protection, but President Nayib Bukele is unmoved.

Bitcoin as bait
Editorial 17 December 2021

Shocker: Bitcoin in El Salvador is fake

El Salvador actually signed a deal with the Algorand blockchain to handle their national blockchain infrastructure because BTC and Lightning Network* are both incapable of handling the traffic.