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Nayib Bukele

El Salvador Pres. Nayib Bukele: More Than Half a Million People in the Country Are Using Bitcoin Wallet
Video
Bitcoin
El Salvador Pres. Nayib Bukele: More Than Half a Million People in the Country Are Using Bitcoin Wallet
More than half a million people in El Salvador are using the country’s government-run bitcoin wallet Chivo following the adoption of the cryptocurrency as legal tender Sept. 7...
El Salvador Pres. Nayib Bukele: More Than Half a Million People in the Country Are Using Bitcoin Wallet
By CoinDesk Staff
Sep 14, 2021 at 7:06 p.m. UTC
Sep 14, 2021
BitcoincdtvbtcHash clipNayib BukeleEl SalvadorChivo
National Palace, San Salvador, El Salvador. (Wilson Edilberto Santana Suarez/Unsplash)
Policy
El salvador
El Salvador’s Bitcoin Wallet Is Used by More Than Half a Million People, President Says
The president also addressed the technical errors that blighted the first few days of El Salvador’s adoption of bitcoin as legal tender.
National Palace, San Salvador, El Salvador. (Wilson Edilberto Santana Suarez/Unsplash)
By Jamie Crawley
Sep 14, 2021 at 12:28 p.m. UTC
Sep 14, 2021
El SalvadorNayib Bukele
SAN SALVADOR, EL SALVADOR - MAY 20: MS-13 gang members languish in one of the three 'gang cages' in the Quezaltepeque police station May 20, 2013 in San Salvador, El Salvador. These overcrowded, 12x15 cages were designed to be 72-hour holding cells for common criminals and the two rival gangs, but many of the individuals have been imprisoned for over a year. (Photo by Giles Clarke/Getty Images.)
Finance
Bitcoin
Bukele’s MS-13 Double Bind
The Salvadoran President has had to operate in secret while negotiating with gangs. That has raised suspicions and lent aid to his critics.
SAN SALVADOR, EL SALVADOR - MAY 20: MS-13 gang members languish in one of the three 'gang cages' in the Quezaltepeque police station May 20, 2013 in San Salvador, El Salvador. These overcrowded, 12x15 cages were designed to be 72-hour holding cells for common criminals and the two rival gangs, but many of the individuals have been imprisoned for over a year. (Photo by Giles Clarke/Getty Images.)
By David Z. Morris
Sep 10, 2021 at 4:05 p.m. UTC
Sep 10, 2021
BitcoinEl SalvadorNayib Bukelems-13Money LaunderingCorruptionOpinion
SAN SALVADOR, EL SALVADOR - AUGUST 27: A veteran holds a sticker against Bitcoin during a protest against the bitcoin law by veterans of the Salvadoran civil war on August 27, 2021 in San Salvador, El Salvador. The new bitcoin law should come into force on September 7. (Photo by Roque Alvarenga/APHOTOGRAFIA/Getty Images)
Policy
El salvador
Who Are the Main Opponents and Supporters of El Salvador’s Bitcoin Law?
President Nayib Bukele’s new law faces plenty of internal critics. Much of his support comes from outside the country.
SAN SALVADOR, EL SALVADOR - AUGUST 27: A veteran holds a sticker against Bitcoin during a protest against the bitcoin law by veterans of the Salvadoran civil war on August 27, 2021 in San Salvador, El Salvador. The new bitcoin law should come into force on September 7. (Photo by Roque Alvarenga/APHOTOGRAFIA/Getty Images)
By Andrés Engler
Sep 7, 2021 at 11:04 p.m. UTC
Sep 7, 2021
El SalvadorBitcoinNayib Bukele
Emerson Flores/APHOTOGRAFIA/Getty Images
Policy
El salvador
As El Salvador Enacts Bitcoin Law, Locals Remain Confused About Implementation
“One thing is what the president says, and another is what the law establishes.”
Emerson Flores/APHOTOGRAFIA/Getty Images
By Andrés Engler
Sep 7, 2021 at 8:57 p.m. UTC
Sep 7, 2021
El SalvadorBitcoinNayib Bukele
President Nayib Bukele (Emerson Flores/Getty Images)
Policy
El salvador
Bitcoin Now Legal Tender in El Salvador, Marking World First
In a show of support, crypto proponents are buying $30 worth of bitcoin to commemorate the occasion known colloquially as “Bitcoin Day.”
President Nayib Bukele (Emerson Flores/Getty Images)
By Sebastian Sinclair
Sep 7, 2021 at 8:04 p.m. UTC
Sep 7, 2021
El SalvadorBitcoinCryptoNayib Bukele
Bitcoin Now Legal Tender in El Salvador, Marking World First
Video
Bitcoin
Bitcoin Now Legal Tender in El Salvador, Marking World First
Bitcoin’s price fell 11.3% Tuesday as the cryptocurrency officially became legal tender in El Salvador, three months after the Bitcoin Law passed the country’s legislature. Pr...
Bitcoin Now Legal Tender in El Salvador, Marking World First
By CoinDesk Staff
Sep 7, 2021 at 6:52 p.m. UTC
Sep 7, 2021
BitcoincdtvbtcHash clipNayib BukeleEl Salvador
(Image credit: APHOTOGRAFIA/Getty Images News, modified by CoinDesk)
Podcasts
Podcasts
It’s Bitcoin Day in El Salvador
NLW looks at the controversy and potential surrounding the implementation of El Salvador’s new bitcoin law.
(Image credit: APHOTOGRAFIA/Getty Images News, modified by CoinDesk)
By Nathaniel Whittemore
Sep 7, 2021 at 6:00 p.m. UTC
Sep 7, 2021
PodcastsThe BreakdownEl SalvadorNayib Bukele
Salvadoran President Nayib Bukele. (YouTube, modified by CoinDesk)
Finance
El salvador
El Salvador’s Bitcoin Law Is About Self-Determination
Today, bitcoin became legal tender in the Central American nation.
Salvadoran President Nayib Bukele. (YouTube, modified by CoinDesk)
By Daniel Kuhn
Sep 7, 2021 at 4:01 p.m. UTC
Sep 7, 2021
El SalvadorBitcoinNayib BukeleLegal TenderOpinion