El Salvador may be broke but it’s still throwing $200M at Bitcoin Beach
Despite plummeting creditworthiness and major delays with its sovereign bonds, El Salvador somehow found $200M for the Bitcoin Beach region.
Despite plummeting creditworthiness and major delays with its sovereign bonds, El Salvador somehow found $200M for the Bitcoin Beach region.
El Salvador said it wanted to launch its $1 billion Bitcoin bond in March. Now, it might not hit markets until September.
Chicago’s largest Bitcoin ATM company has accused its former executive of sabotaging business relationships in El Salvador.
Investors betting that El Salvador will default over the next five years have more than tripled credit swap prices since it adopted Bitcoin.