January 2024
Eight of the best foodie travel destinations in 2024
From up-and-comer San Salvador to established Geneva, there’s a whole world of tastebud tantalisation to explore.
November 2022
It was supposed to be a bitcoin oasis but reality set in
Some people cashed in their retirement savings to buy crypto. Nayib Bukele did it with El Salvador’s treasury and now the experiment is failing miserably.
- Zeke Faux
January 2022
IMF urges El Salvador to drop bitcoin as legal tender
The global lender’s board “urged the authorities to narrow the scope of the bitcoin law by removing bitcoin’s legal tender status,” the IMF said in a statement Tuesday.
Bitcoin trades add to El Salvador’s sovereign risk, Moody’s says
Trading bitcoin ‘is quite risky, particularly for a government that has been struggling with liquidity pressures in the past’, Moody’s Jaime Reusche said.
- Michael McDonald
December 2021
- Opinion
- Cryptocurrencies
Why the world’s first bitcoin city is a disaster in the making
When a con artist’s grift starts to fall apart, he knows to move onto the next one fast. The same goes for fast-talking presidents.
- David Gerard
September 2021
- Opinion
- Cryptocurrencies
West can’t afford to laugh at El Salvador’s bitcoin price pain
Ridiculing El Salvador’s bitcoin adoption cannot hide Western policymakers’ failures in managing money, including negative rates and repeated crises.
- Tom Richardson
Bitcoin drops to lowest in month as El Salvador rollout falters
The cryptocurrency tumbled to near $US43,000 before recouping about half the losses as it faces one of its biggest test in its 12-year history.
- Vildana Hajric
June 2021
El Salvador offers $40 of bitcoin to citizens to boost its use
The law making bitcoin legal tender in the South American nation will enter into force on September 7.
- Michael McDonald
This village in El Salvador offers a glimpse into the crypto economy
Residents of the small beach community of El Zonte are making everyday purchases with bitcoin – but not everyone is buying into the dream.
- Marcos Aleman
El Salvador first in world to make bitcoin legal tender
President Nayib Bukele has touted the use of bitcoin for its potential to help Salvadorans living abroad to send remittances back home.
- Nelson Renteria, Tom Wilson and Karin Strohecker