Global #El Salvador

Bitfinex Derivatives, the derivatives arm of the cryptocurrency exchange Bitfinex, has obtained a Digital Asset Service Providers (DASP) license in El Salvador.

El Salvador has continued to expand its Bitcoin holdings, adding to its reserves since September 2021, when it became the first country globally to adopt Bitcoin as legal tender.

El Salvador has significantly increased its Bitcoin holdings, bringing its total reserves to over 6,000 BTC.

The government of El Salvador has reached a tentative agreement with the International Monetary Fund (IMF) that will reduce the government's involvement in Bitcoin-related initiatives.

After years of negotiations, El Salvador has reached a $1.4 billion loan agreement with the International Monetary Fund (IMF).

El Salvador and Argentina have formalized a partnership aimed at advancing their respective cryptocurrency industries.

El Salvador has seen an impressive $333 million in unrealized gains from its Bitcoin investments, as the price of Bitcoin (BTC) surpassed $100,000 for the first time.

Elon Musk, the tech mogul, has expressed admiration for El Salvador's Bitcoin strategy, praising the country's "impressive" holdings.

Under the leadership of President Nayib Bukele, El Salvador’s bold strategy of integrating Bitcoin into its national economy is showing significant returns.

Bitcoin’s recent surge to an all-time high of $90,000 has sent shockwaves through the global financial markets, with the cryptocurrency climbing nearly 27% in just a week.

In a move that is now causing some regret, Germany sold nearly 50,000 bitcoins seized from the operators of the Movie2k piracy website in July 2023.

The re-election of Donald Trump to the U.S. presidency has sent shockwaves through the global cryptocurrency scene, bringing some of the industry's most prominent figures to the forefront, including Tesla’s Elon Musk and El Salvador's President Nayib Bukele.