UmairCrypto Remittances Fail to Gain Momentum in El Salvador
According to the Reserve Bank of El Salvador, the use of crypto to make remittances to the country has consistently accounted for less than 1% of the total share since…
Trump Says He Would Jail Americans in El Salvador ‘in a Heartbeat’
President Trump said on Tuesday that he was open to an offer by El Salvador’s president to jail convicted criminals, including American citizens, in the Central American nation’s notorious “megaprison.”…
El Salvador’s Prisons Are Notorious. Will They House Trump’s Deportees?
A day after President Nayib Bukele of El Salvador offered to imprison convicted criminals from the United States, including U.S. citizens, the question of whether such a plan could actually…
Latam Insights Encore: El Salvador on a Tightrope While Juggling IMF’s Requirements
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the future of El Salvador after…
Tether Discusses 70-Story Skyscraper Construction in El Salvador: ‘It Is the Country of the Future’
Paolo Ardoino, CEO of Tether, the stablecoin company, has discussed the company’s plans after moving to El Salvador. Ardoino disclosed the construction of a 70-story skyscraper that will be occupied…
Latin America Gets Into Deal-Making Mode for Rubio’s Visit
As Secretary of State Marco Rubio begins his first overseas trip on Saturday in Panama, Central American countries are largely reeling under the weight of President Trump’s confrontational approach, including…
El Salvador Complies With IMF Requirements: Bitcoin Legal Tender Status Withdrawn
Congress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the IMF last year. These modifications…
Mauricio Funes, Salvadoran President Who Fled to Nicaragua, Dies at 65
In his first years in office, he partly delivered on his promises, providing school supplies and uniforms, building hospitals and reducing the price of medicine. He made conciliatory speeches, apologizing…
Honduras Says Trump’s Deportation Plan Could Push It Closer to China
Many Latin American leaders have remained silent or responded cautiously to President Trump’s plans to deport large numbers of immigrants, but one small Central American nation has taken a stronger…
Latam Insights Encore: El Salvador Is Becoming Latam’s Crypto Hub
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how El Salvador is becoming the…
