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WELCOME TO BITCOIN CITY, EL SALVADOR
A New Jurisdiction For Economic Freedom
The only tax collected there will be a value-added tax, half of which will be used to pay the municipal bonds and the rest for municipal infrastructure and maintenance. no property, income or municipal taxes and the city would have zero carbon dioxide emissions due to geothermal energy from the local volcano.
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Sean Morgan
Jun 17, 20240 min read
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El Salvador Has Thousands More Bitcoins Than Previously Known
El Salvador moved more than 5,000 BTC into a cold wallet this week. The disclosure by President Nayib Bukele nearly doubles the country's...
Sean Morgan
Mar 19, 20242 min read
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El Salvador May Become One of the World’s Richest Countries Due to Bitcoin Holdings
El Salvador – one of the smallest and most densely populated countries in Central America – may eventually become one of the wealthiest...
Sean Morgan
Mar 19, 20244 min read
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El Salvador's Innovative "Freedom Visa" Targets Wealthy Bitcoiners
By James Morales | Last Updated: 3 hours ago El Salvador, known for its pro-Bitcoin stance, has introduced an enticing program called the...
Sean Morgan
Dec 8, 20232 min read
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El Salvador president readies bill to eliminate taxes on tech
SAN SALVADOR, March 23 (Reuters) - El Salvador's President Nayib Bukele said on Thursday he will send to the country's Congress next week...
Sean Morgan
Mar 26, 20231 min read
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President Bukele Explains How El Salvador Benefited From Legalizing Bitcoin
Bitcoin has fixed El Salvador’s legacy and increased tourism by 95%, President Nayib Bukele stated. The President of El Salvador – Nayib...
Sean Morgan
Mar 7, 20232 min read
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El Salvador plans to open second Bitcoin Embassy in Texas
El Salvador’s Ambassador to the United States, Milena Mayorga announced the nation’s second Bitcoin Embassy, planned for the state of...
Sean Morgan
Feb 25, 20236 min read
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Salvadoran authorities urged to probe millions in bitcoin fraud
San Salvador, Feb 22 (EFE).- An NGO with ties to the Episcopal Church appealed Wednesday to the Salvadoran Attorney General’s Office to...
Sean Morgan
Feb 24, 20232 min read
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El Salvador’s President Controversially Bets on “Volcano Bonds” Linked to Bitcoin
The president of El Salvador, Nayib Bukele, plans to issue debt papers in bitcoin to improve public finances, but his offer of the...
Sean Morgan
Feb 20, 20233 min read
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El Salvador to open a "Bitcoin Embassy" in Texas
El Salvador continues to be an innovative force in the world of crypto as the first country to adopt Bitcoin as legal tender has now...
Sean Morgan
Feb 18, 20232 min read
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Paying the way for Bitcoin adoption in El Salvador: Video
What is Bitcoin adoption like on the ground as peer-to-peer cash in the home of Bitcoin worldwide? Cointelegraph visits El Salvador to...
Sean Morgan
Feb 16, 20232 min read
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El Salvador to open a ‘Bitcoin Embassy’ in the United States
After debuting a Bitcoin Embassy in Switzerland’s city of Lugano, El Salvador continues expanding its BTC strategy with a new partnership...
Sean Morgan
Feb 16, 20232 min read
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IMF Says El Salvador Should Avoid Trading Bitcoin Bonds – Here’s Why
The International Monetary Fund (IMF) has warned El Salvador to avoid trading Bitcoin bonds due to the risks it poses for the economy....
Sean Morgan
Feb 12, 20232 min read
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Bitfinex Expects El Salvador Volcano Token Issuance This Year
El Salvador to create regulator, prospectus for digital bond Bitfinex is looking to hire, open office in El Salvador Cryptocurrency...
Sean Morgan
Jan 28, 20231 min read
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4 comments
El Salvador Paves Way For First Sovereign Blockchain Bond As BTC Breaks $21k Ceiling
In 2021, the Republic of El Salvador announced that it would raise $1 billion through bitcoin bonds, also referred to as the Volcano...
Sean Morgan
Jan 17, 20232 min read
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El Salvador crypto bill passes, enabling 'volcano bonds' and Bitcoin City
(Kitco News) - The Congress of El Salvador has voted in favor of the Digital Assets Issuance bill, paving the way for the issuance of the...
Sean Morgan
Jan 13, 20233 min read
117 views
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El Salvador’s Bitcoin strategy evolved with the bear market in 2022
After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin...
Sean Morgan
Jan 7, 20232 min read
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El Salvador to Host Bitcoin Beach Party Featuring Top Bitcoin (BTC) Maxis
El Salvador recently rolled out a nationwide Bitcoin education program. Both internal and international tourism levels skyrocketed. Nayib...
Sean Morgan
Jan 5, 20232 min read
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Sean Morgan
Nov 21, 20220 min read
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Bitcoin-Boosting Salvadoran Leader Asks for Patience
FILE - El Salvador's President Nayib Bukele speaks at the closing party of “Bitcoin Week,” where he announced the plan to build the...
Sean Morgan
Jun 20, 20223 min read
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