In 2021, El Salvador caught the world's attention by becoming the first country to make cryptocurrency legal tender, alongside the US dollar. Last December, as the price of bitcoin broke $100,000 (£77 ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. El Salvador’s recent $1.4 billion bailout by the International Monetary Fund (IMF) ...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Three years ago, Nayib Bukele, the ...

El Salvador President Nayib Bukele called attention to prediction markets amid increasing bets that the country’s Bitcoin holdings will hit $1 billion by year-end. Bukele took to X on Wednesday to ...

President Nayib Bukele confirmed the news on X, stating, "Buying 21 bitcoin for Bitcoin Day," as he attached a snippet of the country's official Bitcoin treasury tracker. The latest purchase of 21 BTC ...

US President Donald Trump hosted El Salvador’s President Nayib Bukele at the White House on April 14, with talks centered on trade and immigration, excluding Bitcoin from the public agenda. Pressing ...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Three years ago, Nayib Bukele, the ...

President Nayib Bukele’s crackdown on gangs has brought peace to El Salvador, but the price, some Salvadorans say, has been the loss of civil liberties. “We used to be afraid of the gangs,” says one ...

Salvadoran President Nayib Bukele speaks during a State of the Union address in June 2023. (Camilo Freedman / For The Times) Victor Barahona was grateful when soldiers started rounding up gang members ...