The Inter-American Court of Human Rights ruled against El Salvador for denying a woman, Beatriz, a life-saving abortion in 2013. The court found El Salvador responsible for violating Beatriz’s rights and ordered compensation and guideline creation for medical and judicial personnel. The case highlights the severe restrictions on abortion in El Salvador, causing international debate on reproductive rights.
El Salvador purchased 11 Bitcoins for its reserves, despite recent IMF loan conditions recommending against it. This adds to their existing Bitcoin holdings, currently valued at approximately $581 million, representing an unrealized profit of over $307 million. The purchase was made amidst a market downturn. While the government continues to promote Bitcoin adoption, its use remains low amongst the Salvadoran population.
The cryptocurrency world is buzzing with news this week, with El Salvador reaping the rewards of its Bitcoin gamble, Detroit becoming the first major U.S. city to accept crypto for taxes, and Standard Chartered predicting a massive surge in the digital asset market. Find out more about these developments and the potential impact on the future of cryptocurrency.
El Salvador, the pioneering nation that adopted Bitcoin as legal tender, has seen significant returns on its strategic investments. On-chain data reveals an 81% profit on its Bitcoin holdings, exceeding $24.54 million. This success story showcases El Salvador’s commitment to Bitcoin adoption and its potential as a leading force in the cryptocurrency space.
El Salvador’s ambitious ‘Freedom Passport’ program, aimed at attracting Bitcoin investors with residency visas, appears to be facing difficulties. A recent inquiry reveals that no passports have been issued despite government claims and initial reports of successful applications. This article explores the program’s lack of progress, examines potential reasons for the discrepancy, and analyzes the future of this controversial initiative.
Bitcoin advocate Max Keiser, serving as a senior advisor to El Salvador’s president, has declared that the country is achieving the ‘American Dream’ thanks to its adoption of Bitcoin as legal tender. He highlights economic growth, debt reduction, and a safer environment, praising President Bukele’s leadership. However, critics point to concerns about freedom of speech and persistent poverty in El Salvador.
El Salvador’s President Nayib Bukele has claimed the title of most popular world leader based on an approval rating of nearly 90%. However, the source of this data remains unclear and contradicts other sources. Despite this, Bukele’s leadership has been praised by figures like Elon Musk. This article examines the claims, controversies surrounding Bukele’s leadership, and provides context for his recent assertion.
El Salvador’s President Nayib Bukele has made headlines again for his Bitcoin advocacy, this time donating 2 BTC to philanthropist Shin Fujiyama. The donation will help fund the construction of 1,000 schools in Honduras, highlighting Bukele’s commitment to Bitcoin and its potential for social impact.
A hilarious confession of a food enthusiast who ranked pupusas outside their top five, causing potential family drama in El Salvador. This lighthearted article explores the cultural significance of pupusas and the potential consequences of culinary blasphemy.
Digital displays showcasing the price of Bitcoin have been spotted in El Salvador, a country that adopted Bitcoin as legal tender in 2021. This visual representation of Bitcoin’s value is seen as a step towards mainstream integration, even though widespread adoption in the country has been slower than initially anticipated.
