Tag: El Salvador

How A Taxi Driver In El Salvador Got Rich With Bitcoin

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How A Taxi Driver In El Salvador Got Rich With Bitcoin

San Salvador, El Salvador: Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador. He credits President Nayib Bukele’s decision to bank on bitcoin three years ago with changing his life. “Before I was…

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El Salvador’s congress approves changes to reform constitution, a move critics call anti-democratic

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El Salvador’s congress approves changes to reform constitution, a move critics call anti-democratic

El Salvador’s Congress, which is controlled by President Nayib Bukele’s New Ideas party, on April 29 approved a change to an article of the Constitution to facilitate larger constitutional reforms without having to wait until after the election of a new legislature. The move further consolidates power in the hands of Mr. Bukele and his…

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