Latest Nayib Bukele 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.

El Salvador, BTC and fascism
Editorial 9 September 2021

El Salvador, BTC and fascism

When it was announced that El Salvador would be using “bitcoin” as legal tender in the third world nation and that businesses would be forced to accept it as payment small blockers jumped for joy, Kurt Wuckert Jr. writes.

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