Latest El Salvador News and Insights | Yellow.com

El Salvador has clinched a $1.6bn deal to revamp its port infrastructure. The investment backs President Nayib Bukele's vision for a Bitcoin City. Turkish-owned Yilport Holdings is footing the bill. They'll modernize two ports: Acajutla and La Unión. It's a record-breaking private investment for th

The International Monetary Fund (IMF) is pushing El Salvador for more transparency in its Bitcoin policy. The risks haven't hit the fan yet, but the IMF's not letting up. Bitcoin as official currency was supposed to save the country from poverty, and IMF is not happy with that not actually happening

El Salvador continues its "1 BTC a day program" despite recent market downturns. Data from BitInfoCharts confirms this ongoing strategy of the first crypto country of the world. The first crypto country keeps doing phenomenal things. The nation's crypto wallet has been consistently acquiring one B

Bolivia's central bank has lifted its infamous cryptocurrency ban. Severe restrictions were in place since 2014. But the future is already here, and financial institutions can now conduct digital asset transactions. The central bank aims to modernize Bolivia's payment system. It hopes to boost the

El Salvador is about to launch a new kind of Bitcoin banks. These institutions will will offer Bitcoin investors access to financial services and fewer restrictions compared to traditional banks. Pro-Bitcoin president Nayib Bukele announced the project of BPI (Bank for Private Investment). The new