ElSalvador
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🇺🇸 LATEST: The White House confirms that President Trump will host El Salvador’s President Nayib Bukele on Monday, April 14. 🏛
🔥 Big diplomatic meeting ahead!
#Trump #Bukele #WhiteHouse #Diplomacy #ElSalvador
🔥 Big diplomatic meeting ahead!
#Trump #Bukele #WhiteHouse #Diplomacy #ElSalvador
🚨 Major Meeting Ahead!
📢 President Trump will meet with President Nayib Bukele of El Salvador on April 14.
🔍 What’s on the agenda for this key diplomatic visit?
#Trump #Bukele #Diplomacy #USPolitics #ElSalvador
📢 President Trump will meet with President Nayib Bukele of El Salvador on April 14.
🔍 What’s on the agenda for this key diplomatic visit?
#Trump #Bukele #Diplomacy #USPolitics #ElSalvador
El Salvador Just Bought The Bitcoin Dip Again! 📰
No matter the price action, their strategy is clear, accumulate with conviction. While the world watches the $BTC charts, they’re focused on the future.
This is what long-term belief looks like! 🫶
#ElSalvador #Bitcoin
No matter the price action, their strategy is clear, accumulate with conviction. While the world watches the $BTC charts, they’re focused on the future.
This is what long-term belief looks like! 🫶
#ElSalvador #Bitcoin
Inside look at a coffee shop in 🇸🇻El Salvador where you can pay using #BTC ☕️
#Bitcoin❗ #ElSalvador #coffee
#Bitcoin❗ #ElSalvador #coffee
🚨 Argentina's Top Securities Regulator Praises El Salvador's Bitcoin Strategy! 🚨
Argentina's National Securities Commission (CNV) has highlighted El Salvador’s Bitcoin strategy as “very advanced” and states that it must be studied by other nations. 🇦🇷🇸🇻
El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as legal tender, and now Argentina is looking to learn from this groundbreaking approach. 💡
🔹 Why does this matter?
El Salvador's bold move has sparked international interest in Bitcoin adoption.
Argentina is seeking to bolster its own cryptocurrency sector by analyzing El Salvador's experience.
This collaboration aims to enhance financial stability and combat fraudulent activities in the crypto space. 💰
Do you think other countries will follow El Salvador's lead? Drop your thoughts below!👇 #Bitcoin #CryptoAdoption #ElSalvador #Argentina #Cryptonews
Argentina's National Securities Commission (CNV) has highlighted El Salvador’s Bitcoin strategy as “very advanced” and states that it must be studied by other nations. 🇦🇷🇸🇻
El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as legal tender, and now Argentina is looking to learn from this groundbreaking approach. 💡
🔹 Why does this matter?
El Salvador's bold move has sparked international interest in Bitcoin adoption.
Argentina is seeking to bolster its own cryptocurrency sector by analyzing El Salvador's experience.
This collaboration aims to enhance financial stability and combat fraudulent activities in the crypto space. 💰
Do you think other countries will follow El Salvador's lead? Drop your thoughts below!👇 #Bitcoin #CryptoAdoption #ElSalvador #Argentina #Cryptonews
JUST IN: 🇺🇸🇸🇻 President Trump thanks President Bukele for accepting deported gang members in their maximum security prison.
President Donald Trump has publicly thanked El Salvador’s President Nayib Bukele for accepting hundreds of gang members deported from the U.S. Trump called the move a strong step in fighting crime and criticized the previous administration for allowing these individuals to stay.
Bukele even shared a video showing flights carrying suspected gang members back to El Salvador, saying this partnership with the U.S. will help both nations combat organized crime. Trump made it clear he won’t forget Bukele’s cooperation, calling it a "big win" for security.
With gang-related crime being a major issue in both countries, this move has sparked debates. Some see it as a crackdown on crime, while others question the long-term impact on regional stability. What do you think? Let’s discuss! 👇🔥
#ElSalvador #TRUMP
President Donald Trump has publicly thanked El Salvador’s President Nayib Bukele for accepting hundreds of gang members deported from the U.S. Trump called the move a strong step in fighting crime and criticized the previous administration for allowing these individuals to stay.
Bukele even shared a video showing flights carrying suspected gang members back to El Salvador, saying this partnership with the U.S. will help both nations combat organized crime. Trump made it clear he won’t forget Bukele’s cooperation, calling it a "big win" for security.
With gang-related crime being a major issue in both countries, this move has sparked debates. Some see it as a crackdown on crime, while others question the long-term impact on regional stability. What do you think? Let’s discuss! 👇🔥
#ElSalvador #TRUMP
Tổng thống El Salvador đã chuyển 400 triệu đô la BTC vào ví lạnh
Theo Tổng thống của quốc gia này, Nayib Bukele, họ chuyển một số lượng lớn Bitcoin trị giá 400 triệu đô la vào ví lạnh trong tuần này.
Nếu bạn chưa có tài khoản mua Bitcoin, Mua Bitcoin giảm giá TẠI ĐÂYY
Trong một bài đăng trên X, Bukele gọi đây là “con heo đất Bitcoin đầu tiên của chúng tôi”, kèm theo bức ảnh chiếc ví chứa 5.689,68 BTC, trị giá 411 triệu USD theo tỷ giá hôm nay.
El Salvador có thể trở thành quốc gia giầu nhất
Như vậy lượng nắm giữ của El Salvador cao hơn nhiều so với những gì được công bố trước đây.
Những nhà phân tích trước đó tin rằng số tiền mà quốc gia nắm giữ dưới 3.000 BTC (205 triệu USD).
Đầu tuần này, Buckle đã nói rằng El Salvador không chỉ đơn giản mua BTC mà còn nhận được BTC bằng cách bán hộ chiếu, thông qua chuyển đổi tiền tệ cho các doanh nghiệp, từ hoạt động khai thác và từ các dịch vụ của chính phủ.
El Salvador trở thành quốc gia đầu tiên mua bitcoin làm tài sản kho bạc vào tháng 9 năm 2021, khi một đồng BTC có giá khoảng 52.000 USD.
#hotTrends #BTC #Bitcoin(BTC) #elsalvador
Theo Tổng thống của quốc gia này, Nayib Bukele, họ chuyển một số lượng lớn Bitcoin trị giá 400 triệu đô la vào ví lạnh trong tuần này.
Nếu bạn chưa có tài khoản mua Bitcoin, Mua Bitcoin giảm giá TẠI ĐÂYY
Trong một bài đăng trên X, Bukele gọi đây là “con heo đất Bitcoin đầu tiên của chúng tôi”, kèm theo bức ảnh chiếc ví chứa 5.689,68 BTC, trị giá 411 triệu USD theo tỷ giá hôm nay.
El Salvador có thể trở thành quốc gia giầu nhất
Như vậy lượng nắm giữ của El Salvador cao hơn nhiều so với những gì được công bố trước đây.
Những nhà phân tích trước đó tin rằng số tiền mà quốc gia nắm giữ dưới 3.000 BTC (205 triệu USD).
Đầu tuần này, Buckle đã nói rằng El Salvador không chỉ đơn giản mua BTC mà còn nhận được BTC bằng cách bán hộ chiếu, thông qua chuyển đổi tiền tệ cho các doanh nghiệp, từ hoạt động khai thác và từ các dịch vụ của chính phủ.
El Salvador trở thành quốc gia đầu tiên mua bitcoin làm tài sản kho bạc vào tháng 9 năm 2021, khi một đồng BTC có giá khoảng 52.000 USD.
#hotTrends #BTC #Bitcoin(BTC) #elsalvador
🔺 #elsalvador President #NayibBukele announced a donation of 2 $BTC to build 1,000 schools in Honduras. El Salvador has been buying 1 BTC per day since March 16. They currently have 5,913 $BTC in their account.
El Salvador mua thêm Bitcoin
El Salvador tiếp tục đẩy mạnh việc tích luỹ Bitcoin, đạt khoảng 5,87 nghìn BTC. Tuy nhiên, việc áp dụng vẫn gặp rào cản.
El Salvador tiếp tục cam kết việc mở rộng áp dụng Bitcoin, bằng chứng là lượng nắm giữ ngày càng tăng trong suốt tháng 8 năm 2024. Mặc dù gặp phải rào cản, quốc gia này vẫn tiếp tục mua vào khi giá giảm, chứng tỏ niềm tin vững chắc của họ vào tiềm năng của Bitcoin.
El Salvador mua thêm Bitcoin
Trong suốt tháng 8 năm 2024, số dư Bitcoin của El Salvador tăng dần, đạt khoảng 5,87 nghìn BTC vào ngày 1 tháng 9 năm 2024. Biểu đồ lịch sử số dư Bitcoin cho thấy một mô hình tích lũy tăng dần.
#btc #bitcoin #elsalvador
El Salvador tiếp tục đẩy mạnh việc tích luỹ Bitcoin, đạt khoảng 5,87 nghìn BTC. Tuy nhiên, việc áp dụng vẫn gặp rào cản.
El Salvador tiếp tục cam kết việc mở rộng áp dụng Bitcoin, bằng chứng là lượng nắm giữ ngày càng tăng trong suốt tháng 8 năm 2024. Mặc dù gặp phải rào cản, quốc gia này vẫn tiếp tục mua vào khi giá giảm, chứng tỏ niềm tin vững chắc của họ vào tiềm năng của Bitcoin.
El Salvador mua thêm Bitcoin
Trong suốt tháng 8 năm 2024, số dư Bitcoin của El Salvador tăng dần, đạt khoảng 5,87 nghìn BTC vào ngày 1 tháng 9 năm 2024. Biểu đồ lịch sử số dư Bitcoin cho thấy một mô hình tích lũy tăng dần.
#btc #bitcoin #elsalvador
🤩Lợi nhuận Bitcoin của El Salvador vượt 300 triệu USD
Tổng thống Nayib Bukele tiết lộ El Salvador đã chi khoảng 270 triệu USD để mua 6.180 BTC, với giá mua trung bình 44.739 USD/BTC, mang lại lợi nhuận 122%.
Danh mục đầu tư của quốc gia này đã thu lãi chưa thực hiện hơn 333 triệu USD khi Bitcoin đạt mức 100.000 USD.
El Salvador là quốc gia đầu tiên chấp nhận Bitcoin làm đồng tiền hợp pháp, với Luật Bitcoin có hiệu lực từ ngày 7/9/2021. Chính phủ bắt đầu mua BTC từ tháng 9/2021 và áp dụng chiến lược mua đều (DCA) từ tháng 11/2022, cam kết mua một BTC mỗi ngày.
Bên cạnh lợi nhuận tài chính, việc chấp nhận Bitcoin cũng thúc đẩy ngành du lịch của El Salvador. Tuy nhiên, Quỹ Tiền tệ Quốc tế (IMF) liên tục kêu gọi quốc gia này từ bỏ hoặc thu hẹp chính sách về Bitcoin, cho rằng điều này có thể gây rủi ro đối với ổn định tài chính.
Tổng thống El Salvador đã chứng minh quyết định đầu tư BTC là sáng suốt, mang lại lợi nhuận khủng cho quốc gia của mình.
#Bitcoin❗ #BTC☀ #elsalvador
Tổng thống Nayib Bukele tiết lộ El Salvador đã chi khoảng 270 triệu USD để mua 6.180 BTC, với giá mua trung bình 44.739 USD/BTC, mang lại lợi nhuận 122%.
Danh mục đầu tư của quốc gia này đã thu lãi chưa thực hiện hơn 333 triệu USD khi Bitcoin đạt mức 100.000 USD.
El Salvador là quốc gia đầu tiên chấp nhận Bitcoin làm đồng tiền hợp pháp, với Luật Bitcoin có hiệu lực từ ngày 7/9/2021. Chính phủ bắt đầu mua BTC từ tháng 9/2021 và áp dụng chiến lược mua đều (DCA) từ tháng 11/2022, cam kết mua một BTC mỗi ngày.
Bên cạnh lợi nhuận tài chính, việc chấp nhận Bitcoin cũng thúc đẩy ngành du lịch của El Salvador. Tuy nhiên, Quỹ Tiền tệ Quốc tế (IMF) liên tục kêu gọi quốc gia này từ bỏ hoặc thu hẹp chính sách về Bitcoin, cho rằng điều này có thể gây rủi ro đối với ổn định tài chính.
Tổng thống El Salvador đã chứng minh quyết định đầu tư BTC là sáng suốt, mang lại lợi nhuận khủng cho quốc gia của mình.
#Bitcoin❗ #BTC☀ #elsalvador
🔥 BULLISH: El Salvador hiện đang nắm giữ 6.000 $BTC trị giá 569,3 triệu đô la!
Từ ý tưởng điên rồ của vị tổng thống đến kho “vàng kỹ thuật số” đắt giá, còn ai cười quyết định mua $BTC của El Salvador không?
#BtcNewHolder #ElSalvador #bitcoin #HotTrends
Từ ý tưởng điên rồ của vị tổng thống đến kho “vàng kỹ thuật số” đắt giá, còn ai cười quyết định mua $BTC của El Salvador không?
#BtcNewHolder #ElSalvador #bitcoin #HotTrends
El Salvador's Bitcoin Journey Continues 🚀
🇸🇻 Every day, El Salvador adds 1 Bitcoin to its treasury, reaching total of 5,700 BTC
Today's value?
A staggering $401,646,367 USD
El Salvador has seen a 57% increase, netting a gain of $69 million
#Crypto #elsalvador #bitcoin #BTC #Binance
$BTC $ICP $PDA
🇸🇻 Every day, El Salvador adds 1 Bitcoin to its treasury, reaching total of 5,700 BTC
Today's value?
A staggering $401,646,367 USD
El Salvador has seen a 57% increase, netting a gain of $69 million
#Crypto #elsalvador #bitcoin #BTC #Binance
$BTC $ICP $PDA
#El Salvador has made a bold move to attract global investors by slashing income tax on foreign investments and rem$BTC $ETH $BNB ittances to zero. This strategic decision could turn the country into a magnet for Bitcoin enthusiasts seeking tax relief. 🌍💼🚫🔥
#HotTrends
#elsalvador
#btc #bitcoin
#HotTrends
#elsalvador
#btc #bitcoin
#elsalvador ’s #Bitcoin wallet gets sats, cats and a cypherpunk manifesto
Following the public announcement by El Salvador President Nayib Bukele about the country's decision to store a significant portion of its Bitcoin holdings in a secure cold wallet, Bitcoin enthusiasts wasted no time in contributing approximately $700 worth of satoshis to the newly established "Bitcoin piggy bank." Within hours, dozens of donations flooded in, adorning the wallet with cherished "rare sats" and unique Ordinals.
As of March 14, the wallet holds $388 million in Bitcoin, as reported by Bitcoin explorer Mempool. It's not just a currency repository but also stores cultural artifacts and support expressions. Contributions include 67 Ordinals donations, including BRC-20 tokens, text, images, a 3D "runestone," and even a copy of the "Cypherpunk Manifesto" by Eric Hughes from March 1993, advocating digital privacy.
Moreover, the X account of HODL15Capital has expressed admiration for Bukele and El Salvador's transparent approach in this endeavor.
The transfer of 5,689 Bitcoin into the wallet marks a significant increase from the previously reported holdings of 2,864 BTC, valued at $195 million, held in the government's treasury, according to the Nayib Bukele Portfolio Tracker. Bukele clarified that this figure excludes Bitcoin acquired through various government initiatives, such as the passport program, mining ventures, and conversion of $BTC to US dollars for local businesses.
The fund transfer involved multisig authorization. Initially, 1,120 BTC ($76.5 million) was transferred on March 13 via a 3/5 multisignature process. Another significant transfer of 4,000 BTC ($273 million) occurred on March 14, shortly after Bukele's announcement. Bukele, reelected in February with over 80% of the votes, championed El Salvador's Bitcoin adoption since September 2021, making it the first nation to embrace Bitcoin as legal tender.
Source - cointelegraph.com
#CryptoNews🔒📰🚫 #BinanceSquareBTC #cryptocurrency
Following the public announcement by El Salvador President Nayib Bukele about the country's decision to store a significant portion of its Bitcoin holdings in a secure cold wallet, Bitcoin enthusiasts wasted no time in contributing approximately $700 worth of satoshis to the newly established "Bitcoin piggy bank." Within hours, dozens of donations flooded in, adorning the wallet with cherished "rare sats" and unique Ordinals.
As of March 14, the wallet holds $388 million in Bitcoin, as reported by Bitcoin explorer Mempool. It's not just a currency repository but also stores cultural artifacts and support expressions. Contributions include 67 Ordinals donations, including BRC-20 tokens, text, images, a 3D "runestone," and even a copy of the "Cypherpunk Manifesto" by Eric Hughes from March 1993, advocating digital privacy.
Moreover, the X account of HODL15Capital has expressed admiration for Bukele and El Salvador's transparent approach in this endeavor.
The transfer of 5,689 Bitcoin into the wallet marks a significant increase from the previously reported holdings of 2,864 BTC, valued at $195 million, held in the government's treasury, according to the Nayib Bukele Portfolio Tracker. Bukele clarified that this figure excludes Bitcoin acquired through various government initiatives, such as the passport program, mining ventures, and conversion of $BTC to US dollars for local businesses.
The fund transfer involved multisig authorization. Initially, 1,120 BTC ($76.5 million) was transferred on March 13 via a 3/5 multisignature process. Another significant transfer of 4,000 BTC ($273 million) occurred on March 14, shortly after Bukele's announcement. Bukele, reelected in February with over 80% of the votes, championed El Salvador's Bitcoin adoption since September 2021, making it the first nation to embrace Bitcoin as legal tender.
Source - cointelegraph.com
#CryptoNews🔒📰🚫 #BinanceSquareBTC #cryptocurrency
El Salvador buying the Silk Road
El Salvador’s President Nayib Bukele is hinting at acquiring some of the Bitcoin seized during the Silk Road takedown, especially with the recent market downturn. Bukele recently responded to a post about the U.S. Department of Justice (DOJ) greenlighting the sale of these seized coins, suggesting it could be a chance to buy Bitcoin at a discount. Despite the recent price drop, Bukele has continued to grow the country’s Bitcoin reserves, purchasing 11 BTC on January 8. El Salvador’s strategy includes a consistent 1 BTC per day acquisition, making it one of the largest Bitcoin dollar-cost averaging programs among nations.
As the DOJ is set to sell nearly 70,000 BTC, President-elect Donald Trump has publicly disagreed, stating that the U.S. government should never sell Bitcoin and should hold onto all of its Bitcoin holdings. The future of the DOJ’s sale remains uncertain, especially with a market shifting toward a distribution phase.
#ElSalvador #BTC #Cryptocurrency #BitcoinNews #Trump
El Salvador’s President Nayib Bukele is hinting at acquiring some of the Bitcoin seized during the Silk Road takedown, especially with the recent market downturn. Bukele recently responded to a post about the U.S. Department of Justice (DOJ) greenlighting the sale of these seized coins, suggesting it could be a chance to buy Bitcoin at a discount. Despite the recent price drop, Bukele has continued to grow the country’s Bitcoin reserves, purchasing 11 BTC on January 8. El Salvador’s strategy includes a consistent 1 BTC per day acquisition, making it one of the largest Bitcoin dollar-cost averaging programs among nations.
As the DOJ is set to sell nearly 70,000 BTC, President-elect Donald Trump has publicly disagreed, stating that the U.S. government should never sell Bitcoin and should hold onto all of its Bitcoin holdings. The future of the DOJ’s sale remains uncertain, especially with a market shifting toward a distribution phase.
#ElSalvador #BTC #Cryptocurrency #BitcoinNews #Trump
Fun Fact: 🇸🇻 El Salvador has bought at least 1 $BTC #BTC every single day since November 17th, 2022.
#Bitcoin #ElSalvador #BinanceAlphaAlert
#Bitcoin #ElSalvador #BinanceAlphaAlert
BITCOIN KARŞITI SENATÖR RÜŞVETTEN MAHKÛM OLDU‼️
#ElSalvador #elg #escoin
ABD’de, El Salvador’un Bitcoin’i yasal para birimi olarak kabul etmesine karşı çıkan eski New Jersey Senatörü Bob Menendez, rüşvet ve yolsuzluk suçlarından 11 yıl hapis cezasına çarptırıldı. Menendez, siyasi ayrıcalıklar karşılığında altın külçeleri ve nakit para kabul etmekle suçlanıyordu.
Menendez, 2021 yılında El Salvador’un Bitcoin’i yasal para birimi olarak benimsemesine yönelik eleştirilerde bulunmuş ve bu adımın yolsuzluk ve rüşveti artırabileceğini savunmuştu.
#doge #BTCHovers100k
#ElSalvador #elg #escoin
ABD’de, El Salvador’un Bitcoin’i yasal para birimi olarak kabul etmesine karşı çıkan eski New Jersey Senatörü Bob Menendez, rüşvet ve yolsuzluk suçlarından 11 yıl hapis cezasına çarptırıldı. Menendez, siyasi ayrıcalıklar karşılığında altın külçeleri ve nakit para kabul etmekle suçlanıyordu.
Menendez, 2021 yılında El Salvador’un Bitcoin’i yasal para birimi olarak benimsemesine yönelik eleştirilerde bulunmuş ve bu adımın yolsuzluk ve rüşveti artırabileceğini savunmuştu.
#doge #BTCHovers100k
Tether Relocates to El Salvador Following Regulatory Approval
Stablecoin issuer Tether has announced plans to relocate its company and subsidiaries to El Salvador after obtaining an operating license in the country.
In a Jan. 13 statement, Tether revealed that it had secured authorization to operate as a digital asset service provider and stablecoin issuer in El Salvador.
The company cited the nation’s “forward-thinking policies, favorable regulatory environment, and […] growing Bitcoin-savvy community” as key reasons for the move.
“This decision is a natural progression for Tether as it allows us to build a new home, foster collaboration, and strengthen our focus on emerging markets,” said Tether CEO Paolo Ardoino.
He added, “By rooting ourselves [in El Salvador], we are not only aligning with a country that shares our vision in terms of financial freedom, innovation, and resilience but is also reinforcing our commitment to empowering people worldwide through decentralized technologies.”
The relocation follows reports that Ardoino and Tether’s Chief Operating Officer, Claudia Lagorio, purchased property and became naturalized citizens of El Salvador in 2024.
Cointelegraph reached out to Tether for further comment but received no response at the time of publication.
El Salvador and Bitcoin Adoption
Since President Nayib Bukele announced plans to adopt Bitcoin as legal tender in 2021, El Salvador has become a hub for cryptocurrency initiatives.
In 2023, Tether pledged support for one of the country’s renewable energy projects, including geothermal energy facilities.
Ardoino has reportedly met with Bukele on several occasions, expressing support for the president’s efforts to attract businesses and new residents.
While Bukele has claimed Bitcoin adoption has been a “net positive” for the nation, some expected benefits have yet to materialize.
As of December, the Salvadoran government reported holding over 6,000 BTC, valued at more than $550 million.
#ElSalvador #Tether #cryptocurrencies #cryptomarket #CryptoNews
Stablecoin issuer Tether has announced plans to relocate its company and subsidiaries to El Salvador after obtaining an operating license in the country.
In a Jan. 13 statement, Tether revealed that it had secured authorization to operate as a digital asset service provider and stablecoin issuer in El Salvador.
The company cited the nation’s “forward-thinking policies, favorable regulatory environment, and […] growing Bitcoin-savvy community” as key reasons for the move.
“This decision is a natural progression for Tether as it allows us to build a new home, foster collaboration, and strengthen our focus on emerging markets,” said Tether CEO Paolo Ardoino.
He added, “By rooting ourselves [in El Salvador], we are not only aligning with a country that shares our vision in terms of financial freedom, innovation, and resilience but is also reinforcing our commitment to empowering people worldwide through decentralized technologies.”
The relocation follows reports that Ardoino and Tether’s Chief Operating Officer, Claudia Lagorio, purchased property and became naturalized citizens of El Salvador in 2024.
Cointelegraph reached out to Tether for further comment but received no response at the time of publication.
El Salvador and Bitcoin Adoption
Since President Nayib Bukele announced plans to adopt Bitcoin as legal tender in 2021, El Salvador has become a hub for cryptocurrency initiatives.
In 2023, Tether pledged support for one of the country’s renewable energy projects, including geothermal energy facilities.
Ardoino has reportedly met with Bukele on several occasions, expressing support for the president’s efforts to attract businesses and new residents.
While Bukele has claimed Bitcoin adoption has been a “net positive” for the nation, some expected benefits have yet to materialize.
As of December, the Salvadoran government reported holding over 6,000 BTC, valued at more than $550 million.
#ElSalvador #Tether #cryptocurrencies #cryptomarket #CryptoNews
Tether Relocates to El Salvador Following Regulatory Approval
Tether Relocates to El Salvador Following Regulatory Approval
Stablecoin issuer Tether has announced plans to relocate its company and subsidiaries to El Salvador after obtaining an operating license in the country.
In a Jan. 13 statement, Tether revealed that it had secured authorization to operate as a digital asset service provider and stablecoin issuer in El Salvador.
The company cited the nation’s “forward-thinking policies, favorable regulatory environment, and […] growing Bitcoin-savvy community” as key reasons for the move.
“This decision is a natural progression for Tether as it allows us to build a new home, foster collaboration, and strengthen our focus on emerging markets,” said Tether CEO Paolo Ardoino.
He added, “By rooting ourselves [in El Salvador], we are not only aligning with a country that shares our vision in terms of financial freedom, innovation, and resilience but is also reinforcing our commitment to empowering people worldwide through decentralized technologies.”
The relocation follows reports that Ardoino and Tether’s Chief Operating Officer, Claudia Lagorio, purchased property and became naturalized citizens of El Salvador in 2024.
Cointelegraph reached out to Tether for further comment but received no response at the time of publication.
El Salvador and Bitcoin Adoption
Since President Nayib Bukele announced plans to adopt Bitcoin as legal tender in 2021, El Salvador has become a hub for cryptocurrency initiatives.
In 2023, Tether pledged support for one of the country’s renewable energy projects, including geothermal energy facilities.
Ardoino has reportedly met with Bukele on several occasions, expressing support for the president’s efforts to attract businesses and new residents.
While Bukele has claimed Bitcoin adoption has been a “net positive” for the nation, some expected benefits have yet to materialize.
As of December, the Salvadoran government reported holding over 6,000 BTC, valued at more than $550 million.
Bukele’s administration has been praised for reducing crime rates but faced criticism over alleged human rights violations and the wrongful detention of critics.
No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.
#ElSalvador #Tether #cryptocurrencies #cryptomarket #CryptoNews
Stablecoin issuer Tether has announced plans to relocate its company and subsidiaries to El Salvador after obtaining an operating license in the country.
In a Jan. 13 statement, Tether revealed that it had secured authorization to operate as a digital asset service provider and stablecoin issuer in El Salvador.
The company cited the nation’s “forward-thinking policies, favorable regulatory environment, and […] growing Bitcoin-savvy community” as key reasons for the move.
“This decision is a natural progression for Tether as it allows us to build a new home, foster collaboration, and strengthen our focus on emerging markets,” said Tether CEO Paolo Ardoino.
He added, “By rooting ourselves [in El Salvador], we are not only aligning with a country that shares our vision in terms of financial freedom, innovation, and resilience but is also reinforcing our commitment to empowering people worldwide through decentralized technologies.”
The relocation follows reports that Ardoino and Tether’s Chief Operating Officer, Claudia Lagorio, purchased property and became naturalized citizens of El Salvador in 2024.
Cointelegraph reached out to Tether for further comment but received no response at the time of publication.
El Salvador and Bitcoin Adoption
Since President Nayib Bukele announced plans to adopt Bitcoin as legal tender in 2021, El Salvador has become a hub for cryptocurrency initiatives.
In 2023, Tether pledged support for one of the country’s renewable energy projects, including geothermal energy facilities.
Ardoino has reportedly met with Bukele on several occasions, expressing support for the president’s efforts to attract businesses and new residents.
While Bukele has claimed Bitcoin adoption has been a “net positive” for the nation, some expected benefits have yet to materialize.
As of December, the Salvadoran government reported holding over 6,000 BTC, valued at more than $550 million.
Bukele’s administration has been praised for reducing crime rates but faced criticism over alleged human rights violations and the wrongful detention of critics.
No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.
#ElSalvador #Tether #cryptocurrencies #cryptomarket #CryptoNews
Shaping the Future of Bitcoin—One Strategy at a Time!🚀💰
🚀 Bitcoin Strategy at the Highest Level! 🇸🇻💰
On February 14, El Salvador’s President Nayib Bukele hosted Michael Saylor, founder of Strategy (formerly MicroStrategy), at the presidential palace to discuss Bitcoin.
As the first nation to embrace Bitcoin as legal tender, El Salvador continues to drive crypto adoption forward. Could this meeting signal the next big move for Bitcoin’s global impact? 🌍⚡
Share your thoughts below! 👇💬
#Bitcoin #Crypto #ElSalvador #MemeWatch2024 #Binance
🚀 Bitcoin Strategy at the Highest Level! 🇸🇻💰
On February 14, El Salvador’s President Nayib Bukele hosted Michael Saylor, founder of Strategy (formerly MicroStrategy), at the presidential palace to discuss Bitcoin.
As the first nation to embrace Bitcoin as legal tender, El Salvador continues to drive crypto adoption forward. Could this meeting signal the next big move for Bitcoin’s global impact? 🌍⚡
Share your thoughts below! 👇💬
#Bitcoin #Crypto #ElSalvador #MemeWatch2024 #Binance
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