El Salvador

El Salvador Building More Prisons to House Thousands Arrested in Gang Sweep

El Salvador’s Legislative Assembly approved on Tuesday a law to expedite the construction of new prisons, El Salvador’s La Prensa Gráfica newspaper reported, noting the legislation aims to help accommodate some of the 13,573 alleged gang members arrested by police in the country over the past month as part of an unprecedented crime crackdown.

Members of the MS-13 and 18 gangs remain in an overcrowded cell as a security guard of the Director of the General Directorate of Penal Centers, Osiris Luna (out of frame), stands by, at the Quezaltepeque prison, in Quezaltepeque, El Salvador, on September 4, 2020. - Authorities from the General …

Presidents of Brazil and El Salvador Back Joe Rogan

Two Latin American presidents, Jair Bolsonaro of Brazil and Nayib Bukele of El Salvador, weighed in on the ongoing campaign against American podcaster Joe Rogan on Wednesday, condemning attacks on Rogan as an attempt to stifle freedom of speech and of the press.

TOPSHOT - Brazil's President Jair Bolsonaro gestures during a press conference at the Vila Nova Star Hospital after he was discharged, in Sao Paulo, Brazil, on January 5, 2022. - Bolsonaro announced this Wednesday on his social networks that he was discharged from the hospital in Sao Paulo where he …

IMF Demands El Salvador Give Up on Bitcoin

The International Monetary Fund (IMF) on Tuesday “urged” El Salvador’s government to rescind the legal tender status it bestowed to Bitcoin, a type of cryptocurrency, in September 2021, indicating that its failure to do so could hinder El Salvador’s intention of securing a future loan from the financial institution.

Largest Nordic bank Nordea bans employees' bitcoin trade

El Salvador Welcomes Persecuted Cuban Journalists

El Salvador allowed two Cuban reporters to enter the Central American country on Wednesday after the men said they learned they would be denied entry to Nicaragua, their intended destination, while on a layover at an airport outside San Salvador on Tuesday, El Salvador’s General Directorate of Migration confirmed.

Salvadoran President Nayib Bukele delivers a speech on the first day of inoculation with the Oxford/AstraZeneca vaccine against COVID-19 to health workers in San Salvador, on February 17, 2021. (Photo by MARVIN RECINOS / AFP) (Photo by MARVIN RECINOS/AFP via Getty Images)

El Salvador to Build First ‘Bitcoin City’ at Base of Volcano

El Salvador’s government plans to build a “Bitcoin City” at the base of Conchagua Volcano in the country’s southeast in 2022, El Salvador’s La Prensa Gráfica newspaper reported Saturday, noting the city will be designed to harness the volcano’s geothermal energy to mine cryptocurrency.

Bitcoin.

El Salvador: Opposition Protests Bitcoin Becoming Legal Tender

Thousands of people opposed to the populist government of El Salvador President Nayib Bukele staged demonstrations in the country’s capital city, San Salvador, on Sunday in which they denounced his recent legalization of Bitcoin as a national currency, the Associated Press (AP) reported Monday.

A Chivo Wallet Bitcoin ATM burns during a protest against President Nayib Bukele's policies on Independence Day in San Salvador, on September 15, 2021. - Thousands of Salvadorans demonstrated on Wednesday to demand that President Nayib Bukele respect the separation of powers and reject the introduction of bitcoin as legal …