According to CoinDesk newspaper, El Salvador is trying to encourage foreign investment having adopted bitcoin as legal tender.

Saturday, 11 September 2021 16:18

Merchants motivate salvadorans to shop with Chivo Wallet

Written by

With the implementation of Bitcoin as legal tender in El Salvador, many businesses have taken advantage to offer their products by paying with the cryptocurrency through the Chivo Wallet application.

The Asociación Salvadoreña de Transporte de Carga (ASTIC), will hold a work stoppage if article 7 is not modified so as not to be affected in their transportation service payments and that the sector is excluded from the use of Bitcoin and the application.

The Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL), informed that they are carrying out preventive discharges of 500 cubic meters per second in the Central Hidroeléctrica 15 de septiembre, due to the rains registered in the northern part of the country and Honduras.

Thursday, 09 September 2021 14:52

MAG presents bicentennial edition of Café El Salvador

Written by

The minister of Agricultura y Ganadería (MAG), David Martinez, informed that salvadorans will be able to purchase a special edition of Café El Salvador, alluding to the bicentennial of the country's independence.

The Central Government held an auction of 360-day Certificados del Tesoro (CETES), awarding US$126.74 million, this was announced by ASIB through its twitter account.

The President of the Republic, Nayib Bukele, informed on his Twitter account that the Chivo Wallet application is ready and adjusted to be used without problems.

Wednesday, 08 September 2021 13:00

Chivo Wallet will be available starting today

Written by

The President of the Republic Nayib Bukele reported on his Twitter account have made the purchase of the first 550 Bitcoins and will seek ways to buy more of this cryptocurrency.

The Vice President of El Salvador, Felix Ulloa, the Executive Director of Plan Trifinio, Jorge Urbina and the President of the Organismo Promotor de Exportaciones e Inversiones de El Salvador (PROESA), Salvador Gómez Góchez signed an inter-institutional cooperation agreement that will guarantee the economic development of Trifinio El Salvador.