Advertisement     Crypto-friendly country El Salvador bought more Bitcoin (BTC) on Monday amid a bloodletting that saw Bitcoin slump below $90,000 — its lowest price in seven months. El Salvador purchased 1,090 more BTC for its national treasury reserves for a total cost of $100 million, representing the largest single-day purchase the country…
Sani, an onchain analyst, has unveiled data that appears to confirm the IMF’s allegations about El Salvador’s purported bitcoin purchases. Nonetheless, the country continues to post each BTC addition as a purchase via the Bitcoin Office (ONBTC) social media account. El Salvador Bitcoin Purchases Under Scrutiny: Onchain Evidence of ‘Shuffling’ Arises El Salvador, one of…
The El Salvador Bitcoin Office celebrated “Bitcoin Day” this Sunday, marking the fourth anniversary of the Bitcoin legal tender law taking effect in September 2021. In a post on X, the office noted key milestones achieved over the past years. The country’s Bitcoin strategic reserve now holds 6,313 BTC, valued at over $702 million at…
Press Release August 4th, 2025 – Dubai, UAE / San Salvador, El Salvador – Freedx, a next-generation centralized exchange (CEX) regulated in El Salvador, announced the launch of its web-based platform today. Built to make crypto trading simple and accessible, Freedx offers lower fees, high liquidity, and advanced trading tools. The platform is designed to tackle key…
The government of the Islamic Republic of Pakistan established diplomatic ties with the Republic of El Salvador in a recent meeting, discussing an information-sharing agreement on bitcoin. The two countries are currently seeking to embrace the cryptocurrency while under IMF restrictions. Bitcoin Unites: Pakistan Establishes Diplomatic Ties With El Salvador Bitcoin is becoming a global…
The warehouse, whose construction was financed in part with tokenized sales, marks one of the first times that this financing scheme has been used successfully in El Salvador. The Digital Assets Law allows for this kind of financing model, allowing companies to take advantage of the opportunities linked to it. Tokenized Warehouse Inaugurated in El…
Andreas Kohl, a bitcoiner who moved to El Salvador three years ago, has decided to leave the country due to the new direction taken by the current administration regarding bitcoin and a series of promises that the government has failed to fulfill. El Salvador Disappoints Bitcoiners With New Policies, Unfulfilled Promises The new stance of…
El Salvador has recently announced a major shift in its Bitcoin policy, signaling a significant change from its once trailblazing embrace of cryptocurrencyA cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by central banks, cryptocurrencies operate on de… as legal tender. The country, which made…
Samson Mow, CEO of JAN3, has released an analysis of recent amendments to El Salvador’s Bitcoin Law, casting new light on whether Bitcoin remains legal tender in the country. While the Salvadoran government has repeatedly assured that “everything is awesome,” Mow urges caution, noting that the revisions both preserve Bitcoin’s legal tender status and dilute…
El Salvador’s Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow’s analysis highlights the deeper implications. Bitcoin No Longer ‘Currency’ in El Salvador—Here’s What That Actually Means Changes to El Salvador’s Bitcoin Law have ignited discussions about whether bitcoin retains its status as legal tender. Samson…