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The Latest Breaking News from Nayib Bukele

Bukele Administration Proposes Private Investment Bank For BTC Investors In El Salvador

Bukele is leading El Salvador for the second time, and despite Bitcoin's recent price struggles, it appears the "Bitcoin president" still trusts in the digital asset's potential as his administration recently proposed a Banking Law reform to establish private investment banks that will offer Bitcoin services.

International Business Times

Honduras plans to build a 20,000-capacity 'megaprison' for gang members as part of a crackdown

The president of Honduras has announced the creation of a new 20,000-capacity “megaprison.”

The Independent UK

New Photos Reveal Glimpse Into Mega-Prison Where 40k Inmates Can Be Held Indefinitely

The mega-prison built in 2022, the largest in Latin America, symbolizes President Nayib Bukele's crackdown on street gangs. The post New Photos Reveal Glimpse Into Mega-Prison Where 40k Inmates Can Be Held Indefinitely first appeared on Bored Panda.

Bored Panda

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US Shifts Policy Towards El Salvador Amid Migration Concerns

Biden administration's shift towards El Salvador under Bukele's leadership for security and immigration challenges.

Top News

El Salvador says it foiled a plot to plant bombs on the day of President Bukele's inauguration

El Salvador says it has foiled a plot to plant bombs around the country to coincide with President Nayib Bukele’s inauguration on Saturday

The Independent UK

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Argentina Teams Up With El Salvador To Boost Crypto Adoption

A formal partnership between Argentina and El Salvador could signal a major shift in Latin America's approach to digital assets.

Reason

El Salvador's New Congress Strengthens Bukele's Grip on Power

With 54 out of 60 seats in Congress, President Nayib Bukele’s party holds significant influence over legislative decisions.

Reason

Rights Group Concerned Over El Salvador Constitutional Reform

Amnesty International on Friday expressed concern for rights guarantees under a constitutional reform in El Salvador, whose president has been waging a brutal war on criminal gangs.

International Business Times

El Salvador Inspired? Jack Dorsey's Block Unveils New Monthly BTC Buying Strategy

A day after the release of a report that alleged Block was being investigated for non-compliance in its Square and Cash App units, the company's founder unveiled a new Bitcoin strategy that will see some of the fintech firm's profits being invested into the digital asset.

International Business Times

Hackers Leak Part Of Source Code Of El Salvador's Bitcoin Wallet

Hackers have leaked part of the source code of El Salvador's Bitcoin wallet that was launched in 2021 after sensitive personal information of over five million people were listed "for sale" in April last year.

International Business Times

El Salvador Offers Free Passports To Skilled Foreign Workers

El Salvador offers 'free passports' to skilled workers, waives taxes, and adopts Bitcoin as legal tender.

Top News

IMF Discusses Bitcoin Risks in El Salvador Funding Talks

The IMF signaled that it remains interested in financing a program for El Salvador, but it also reiterated that risks associated with Bitcoin need to be addressed first.

International Business Times

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International Business Times

Bitcoin 'Legend' Luke Dashjr To Teach At El Salvador's Cubo+ BTC Educational Program

El Salvador's Cubo+ Bitcoin learning program has just bagged a Bitcoin OG in Luke Dashjr: entrepreneur, longtime BTC Core developer, and Bitcoin network decentralization champion.

Latin Times

Presidential Free-for-All: When Petro, Milei, AMLO and Bukele's Crossed Accusations Go Beyond Social Media

Their stark ideological differences have exceeded the personal realm and impacted the countries' diplomatic relations

Reason

Is Javier Milei Making Argentina Great Again?

The new Argentine president is popular with American libertarians, but his record at home looks increasingly populist and authoritarian.

International Business Times

El Salvador Makes Good On Daily Bitcoin Buy Promise, Now Holds 5,700 BTC

El Salvador isn't allowing a week-long Bitcoin slump to discourage its Bitcoin treasury goals as it did, as proven by on-chain data, purchase one BTC daily in the past 11 days.

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International Business Times

El Salvador's 'Bitcoin Beach' Cheers Cryptocurrency Surge

In a surf town in El Salvador nicknamed "Bitcoin Beach," shopkeeper Maria Aguirre watched with delight as the cryptocurrency -- and her investment in it -- recently soared to new all-time highs.

International Business Times

El Salvador Will Buy One Bitcoin Daily Until It's 'Unaffordable' With Fiat Currencies: Bukele

Bukele once again made a bold statement regarding El Salvador's Bitcoin strategy, even as the country's Bitcoin City has not started construction work two years after the plan was announced.

International Business Times

El Salvador Stashes $406 Million In Bitcoin In 'Cold Wallet': Bukele

El Salvador's President Nayib Bukele said Thursday that his country has stored more than $400 million in bitcoin in an offline "cold wallet" as the cryptocurrency forges new record highs.

International Business Times

El Salvador's Nayib Bukele Hails Country's Millions In Bitcoin Profits

President Nayib Bukele has been a Bitcoin bull for years and continued believing in the cryptocurrency's potential even when prices were in the lows late in 2022.

Latin Times

Bitcoin Surges to New All-Time Highs: Unveiling El Salvador's Profit Margin from Crypto Investments

El Salvador holds at least 2,860 bitcoins, based on President Bukele's official announcements

Latin Times

Three Keys to Understand Why Haiti is Collapsing and What Might Happen Next

Secretary of State Antony Blinken will travel to Jamaica to discuss the rapidly deteriorating situation with the CARICOM.

International Business Times

El Salvador's Bukele Offers To 'Fix' Chaos-torn Haiti

El Salvador's gang-busting President Nayib Bukele said Sunday he can "fix" the spiraling crisis in Haiti, where criminal groups have unleashed havoc in recent days.

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