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Geothermal energy harnessed from El Salvador's volcanoes for Bitcoin mining.
Bitcoin

El Salvador Taps Geothermal Energy for Sustainable Bitcoin Mining

El Salvador leverages its volcanic geothermal energy for Bitcoin mining, saving costs and attracting global miners. President Bukele's initiative could revolutionize the crypto sector.

BitcoinTim Draper discussing Bitcoin and El Salvador's financial strategy

Tim Draper Foresees Bitcoin Surge as Key to El Salvador's IMF Loan Repayment

Billionaire Tim Draper predicts that if Bitcoin hits $100,000, El Salvador could repay its IMF loan of $80 million using its Bitcoin holdings. However, this relies on significant assumptions regard...

BitcoinEl Salvador President Nayib Bukele with Bitcoin donation for education.

El Salvador's Nayib Bukele Donates Bitcoin for Honduran Children's Education

El Salvador President Nayib Bukele donates 2 Bitcoins to support Japanese philanthropist Shin Fujiyama's mission to improve children's education in Honduras. This generous act aims to enhance educa...

Bitcoin LawIMF logo alongside Bitcoin symbol, symbolizing financial regulation.

IMF Urges El Salvador to Limit Bitcoin Law and Enhance Regulations

The IMF advises El Salvador to narrow its Bitcoin law's scope to mitigate risks, emphasizing enhanced regulatory measures amidst loan program discussions. This recommendation aims to develop a robu...

Bitcoin policiesIMF calls for reform in El Salvador's Bitcoin regulations.

IMF Urges El Salvador To Reform Bitcoin Policies

The IMF calls for reform in El Salvador's Bitcoin policies, urging the government to tighten regulations and enhance oversight of the cryptocurrency sector. Key issues include public sector exposur...

Bitcoin investmentEl Salvador's President Nayib Bukele announcing debt buyback.

El Salvador Completes $940 Million Debt Buyback to Boost Bitcoin Investment

El Salvador's government, led by President Nayib Bukele, has successfully executed a $940 million debt buyback, potentially benefiting Bitcoin's market positioning and promoting cryptocurrency advo...