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Alejandro Zelaya

El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic Exchange

El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic ExchangeOn Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that Texas is “our new ally” and the goal is to expand “commercial and economic exchange projects.” Ambassador Milena Mayorga Fosters Growing Relationship Between […]

‘Significant Changes’ Loom: SEC’s Crypto Strategy Faces Potential Overhaul

Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed

Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further DelayedThe launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, the exchange in which these bonds will be offered, stated that the law framework needed for the issuance of these digital […]

‘Significant Changes’ Loom: SEC’s Crypto Strategy Faces Potential Overhaul

El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold

El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on HoldAlejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to this disruption, Zelaya also stated that it was not feasible to issue the volcano bonds yet, which are to finance the construction of the Bitcoin […]

‘Significant Changes’ Loom: SEC’s Crypto Strategy Faces Potential Overhaul

El Salvador’s Bitcoin Volcano Bonds Launch Still on Hold, According to Treasury Minister

El Salvador’s Bitcoin Volcano Bonds Launch Still on Hold, According to Treasury MinisterThe date of the launch of the Salvadoran bitcoin bonds, the instrument that would serve to build the announced Salvadoran Bitcoin City, is still unknown. Announced to be released earlier this year, the launch has been affected by the current war in Ukraine, and the deceleration of global markets. According to Treasury Minister Alejandro Zelaya, […]

‘Significant Changes’ Loom: SEC’s Crypto Strategy Faces Potential Overhaul

Salvadoran Bitcoin Bonds Might Be Issued by State Geothermal Company La Geo, Delays Possible

Salvadoran Bitcoin Bonds Might Be Issued by State Geothermal Company La Geo, Delays PossibleThe treasury minister of El Salvador, Alejandro Zelaya, has informed about the future of the issuance of the bitcoin bonds and the possibility of these being issued by La Geo, the national geothermal power company. Zelaya also referred to the day of issuance of these instruments, hinting at a possible delay that would see the […]

‘Significant Changes’ Loom: SEC’s Crypto Strategy Faces Potential Overhaul