El Salvador is set to further entrench its status as a center for digital finance in Central America with the launch of BFXSecurities, which will provide a global venue for regulated tokenized assets in 'Bitcoin country'. Paolo Ardoino expressed excitement over this development, highlighting the potential for attracting global investment flows. The Salvadoran government, under President Nayib Bukele, has reiterated its commitment to Bitcoin, ensuring it remains legal tender in Bukele's second term. This commitment is underscored by plans to issue Bitcoin-backed bonds, build Bitcoin cities, and grant passports to cryptocurrency investors. Despite the IMF's advice to reconsider Bitcoin in exchange for a $1.3 billion loan, the government's position is unwavering, spurred by the enthusiasm for US Bitcoin ETFs. An unofficial website tracking El Salvador's Bitcoin portfolio shows a 1.5% return on the initial investment.
〽️ 'https://t.co/YyyByFocC4,' an unofficial website tracking El Salvador's bitcoin portfolio based on Bukele's social media, puts it at $121.6 million on an initial $119.8 million investment, a 1.5% return. https://t.co/rnZG0KWvuO
El Salvador’s Bitcoin president heads for re-election — who is Nayib Bukele? https://t.co/oAkWA5gELj
El Salvador plans to go full steam ahead with its Bitcoin plans if @nayibbukele wins reelection on Sunday—and polls suggest that's likely. Click to read: https://t.co/YxGjJkFrZW
El Salvador Will Race Ahead With Bitcoin Plans If Bukele Wins Reelection ► https://t.co/LropKvZFKf https://t.co/LropKvZFKf
Bitcoin will remain legal tender in El Salvador during the second term of President Nayib Bukele, his vice president said per Reuters.
NEW: #Bitcoin will remain legal tender in El Salvador during the second term of President Nayib Bukele, confirms the vice president 🇸🇻 https://t.co/xHhXho7cGQ
NEW: 🇸🇻 El Salvador VP Félix Ulloa says that the country will keep its commitment to #Bitcoin if his party is reelected, per Reuters. IMF urges El Salvador to reconsider #Bitcoin for 💵 $1.3B loan, but government remains firm, citing enthusiasm for 🇺🇸 US #Bitcoin ETFs 🙌 https://t.co/Lojofd79J7
Bitcoin will remain legal tender in El Salvador during President Nayib Bukele's second term https://t.co/EMUHudrr0N
According to Reuters, El Salvador’s President Nayib Bukel’s government will move forward with plans for Bitcoin-backed bonds, building Bitcoin cities, and issuing passports to cryptocurrency investors if he wins the upcoming election. https://t.co/PBcfcrCKLk
Bitcoin will remain legal tender in El Salvador during the second term of President Nayib Bukele, his vice president said https://t.co/EW4KfrQFOy
El Salvador will stay committed to bitcoin after election -vice president https://t.co/w7OQaXO4pK https://t.co/ZBBi46NeRI
“This is not only an important market for @Bitfinex given its adoption of #Bitcoin, but it also gives El Salvador the opportunity to attract global investment flows, as issuers put out competitively priced securities offerings.” - @PaoloArdoino https://t.co/2lKR3szF4w
Super excited to see @BFXSecurities launch in El Salvador 🇸🇻, providing a global venue for regulated tokenised assets in #Bitcoin country. El Salvador has become the center of digital finance of Central America. https://t.co/AHy100waTw