Nayib Bukele, the President of El Salvador, began his second term with a pledge to tackle the nation's economic challenges with the same determination he displayed in combating gang violence during his first term. Despite controversy surrounding his re-election, Bukele, who won with over 80% of the vote, aims to heal the country's economic "ailments".
Read MoreArgentine officials have downplayed rumors of the country fully embracing Bitcoin following routine talks with El Salvador on digital asset regulations. The recent discussions sparked speculation after the election of a pro-Bitcoin president, Javier Milei, in late 2023, but experts caution against overstating Argentina's commitment to cryptocurrency.
Read MoreThe National Securities Commission of Argentina (CNV) has confirmed discussions with El Salvadoran regulators about Bitcoin (BTC) adoption.
Read MoreAccording to Reuters, El Salvador has utilized the geothermal energy from the Tecapa volcano to mine 473.5 Bitcoin (BTC) over the past three years.
Read MoreEl Salvador, known for being the first country to adopt Bitcoin (BTC) as legal tender, has taken a notable step in its cryptocurrency investment approach.
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