Lawsuit exposes information about Trump’s agreement with El Salvador to detain migrants
The Trump administration has prohibited the use of funds for legal advice for hundreds of Venezuelans detained in the notorious Salvadoran Mega Prison, known as CECOT. This decision comes as part of a new agreement between the United States and El Salvador. A recent contract suggests that, while the U.S. and El Salvador listed certain […]
Are Quantum Risks at Play? El Salvador Is Dividing Its Bitcoin
Simply put El Salvador’s Bitcoin office announced it has relocated its cryptocurrency holdings to a new address for security purposes. Despite blockchain data showing continued additions to its Bitcoin stash, the IMF clarified that these are not new purchases. The nation is expected to scale back its Bitcoin ambitions based on its agreement with the […]
The State Department is being dishonest about El Salvador.
Earlier this month, the Department of State released its annual Report on human rights practices, offering assessments of human rights conditions in various countries. While these reports often involve some political trade-offs, this year’s report, under Secretary of State Marco Rubio, appears to present a significantly skewed view of the human rights records of various […]
El Salvador Schools Update Dress Code: ‘Respect and National Pride’
The Salvadoran government introduced a dress and hairstyle code for schools this week, aimed at promoting discipline and civic values among students. This new regulation took effect on Wednesday, mandating that students appear in tidy uniforms and maintain appropriate hairstyles. Additionally, students are expected to enter school in an orderly fashion and greet others respectfully. […]
Bitcoin investment banks are arriving in El Salvador, according to the government regulator.
El Salvador Approves Bitcoin Investment Banking Act El Salvador is set to welcome regulated Bitcoin (BTC) investment banks following the recent approval of the El Salvador Investment Banking Act. This new law categorizes investment banks distinctly from traditional commercial banks. Under this act, investment banks are allowed to hold BTC and other digital assets on […]
El Salvador Set to Launch Bitcoin-Only Banks Despite IMF Concerns
El Salvador has announced plans to establish a Bitcoin-only bank, a move that aligns with President Nayib Bukele’s ongoing focus on integrating Bitcoin into the nation’s economy. This update was shared in a post on X, emphasizing the government’s goal to further embed Bitcoin within its financial framework. Proposal for Bitcoin Banking Institutions The announcement […]
Trump Administration Supports El Salvador in Abolishing Presidential Term Limits
This week, the U.S. State Department refrained from commenting on significant constitutional changes in El Salvador, particularly the removal of presidential term limits. They emphasized the country’s sovereignty and disagreed with comparisons to other dictatorial regimes. In a statement to the Spanish news agency EFE, the State Department responded to reports that El Salvador’s legislative […]
Worry That I Could Be in Power Indefinitely Is Discrimination Against ‘Poor’ El Salvador
Salvador’s President Nayib Bukele has defended his party’s choice to abolish the presidential term limit, suggesting that many “developed” nations allow for indefinite re-election of their leaders while deeming criticism as unfounded. He stated, “90% of developed nations permit their heads of government to serve without end, and nobody seems to bat an eye.” Yet, […]
El Salvador Removes Presidential Term Limits, Permitting Nayib Bukele to Run Multiple Times
On Thursday, El Salvador’s legislative assembly approved a set of constitutional changes that remove the presidential term limit and extend the length of terms, potentially allowing President Naibe Bukele to be re-elected in the future. The reforms were reportedly fast-tracked under an “Exemption from Processing” clause, enabling rapid passage without undergoing a Congressional Committee review. […]
Bukele’s party allows for unlimited presidential re-election in El Salvador
El Salvador’s New Controversial Electoral Changes Under President Bukele President Nayib Bukele of El Salvador has introduced a significant shift in the nation’s electoral framework, facilitating his path to remain in power. This new bill, recently passed, extends presidential terms to six years and allows for unlimited re-election. Previously, the presidential term lasted five years, […]