World Bank Denies El Salvador Help With Bitcoin Plans

Key Takeaways The World Bank has denied El Salvador’s request for technical assistance in adopting Bitcoin due to environmental and transparency concerns.. President Nayib Bukele asked the World Bank for help in... Read more »

Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender

The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,”... Read more »

Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law

A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil,... Read more »

El Salvador to Mine Bitcoin With Energy From Volcanoes: ‘100% Clean, 100% Renewable, 0 Emissions’

El Salvador has begun exploring bitcoin mining using energy from its volcanoes, President Nayib Bukele has revealed. “Our engineers just informed me that they dug a new well that will provide approximately... Read more »

Fancy a Bitcoin mined via volcano? El Salvador is making that happen

A geothermal pit dug beside a volcano will help power Bitcoin mining operations in El Salvador, the country’s president said in a tweet last night. “I’ve just instructed the president of  @LaGeoSV... Read more »