El Zonte, a quiet surf town on El Salvador's coast, draws travellers not just for its waves, but for a bold financial ...

El Salvador's El Zonte is now popularly known as "Bitcoin Beach," for being the first town to use the cryptocurrency as a form of payment for services, products and salaries.

El Salvador, under the presidency of Nayib Bukele, placed an order for Nvidia Corp.'s (NASDAQ:NVDA) B300 chips, a powerful ...

Bitcoin’s price has been steadily rising the last 7 days, and with a new annual high of over $42,000, bitcoin’s price is starting to make headlines again, and so is El Salvador.

As El Salvador officially adopted Bitcoin as legal tender on Tuesday -- making it the first country to do so -- it also rolled out Chivo, its own state-sponsored Bitcoin wallet.

El Salvador town embracing bitcoin as currency 13:37. If you feel like you've been hearing a lot about bitcoin lately, those aren't voices in your head.

El Salvador is making history Tuesday by becoming the first sovereign government to use bitcoin as legal tender—and a California-based cryptocurrency unicorn is behind the technology helping to ...

El Salvador’s law means bitcoin will have equal footing with the dollar, which became its official currency 20 years ago. Making bitcoin “legal tender” means shops and businesses must accept ...

SAN SALVADOR, El Salvador — El Salvador’s Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first nation to do so, just days ...

But in the first six months of 2023, according to El Salvador’s central bank, only around 1% of received remittances were in bitcoin. Many Salvadorans, like Delmy Bran, aren’t using the currency.

Bukele is touting Bitcoin as a way for Salvadorans to reduce the fees they pay to send and receive remittances—which make up 22% of El Salvador’s GDP, mostly from the U.S.—and as a way for ...