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    • Salvadoran Colon (SVC)

Salvadoran Colon (SVC) Newsletter
  • El Salvador's bitcoin experiment rides on choppy seas as currency fluctuates 28 Apr 2023 00:20 GMT

    … of the cryptocurrency, and El Salvador became the first country … 2001, dumping the national currency, the colón. "They told us … that has enthusiastically embraced El Salvador’s bitcoin experiment is … to be places like El Salvador that will drive bitcoin …

  • Miss Universe 2023: El Salvador contestant walks the ramp in Bitcoin-inspired costume 14 Jan 2023 08:03 GMT

    … was carrying a huge colón coin on her back … , which El Salvador recognized as legal tender in 2021, and Colón, the … country's previous currency. While sharing … “This look represents El Salvador’s history of currency,” said the Miss …

  • Bizarre moment Miss El Salvador appears on stage dressed as a giant Bitcoin 14 Jan 2023 02:44 GMT

    El Salvador's Miss Universe contestant … the country's 'currency history'. “Cocoa was used … a long time, then the colón until it was replaced by … Guajardo walked down the runway. El Salvador was the first country in …

  • Miss El Salvador dons golden bitcoin outfit at beauty pageant 13 Jan 2023 23:12 GMT

    … Alejandra Guajardo, Miss Universe El Salvador 2022 poses on stage … Miss Universe contestant from El Salvador strutted onto stage this … beans. The colon was the local currency for about a … being introduced as an official currency. Reporting by Isabel Woodford …

  • El Salvador's bitcoin experiment: $60 million lost, $375 million spent, little to show so far 13 Oct 2022 19:19 GMT

    … facilitate national adoption, El Salvador launched a virtual wallet … Laura Andrade, director of El Salvador's Universidad … finances. El Salvador ditched its local currency, the colon, in … volcano in southeastern El Salvador. The bitcoin-funded …

  • El Salvador bitcoin experiment not saving country’s finances 25 Jun 2022 13:15 GMT

    … plan. Meanwhile, El Salvador’s economic growth … analysts warn that El Salvador’s Eurobonds have entered … applied research projects for El Salvador, Venezuela, and Honduras … El Salvador dollarized in 2001, meaning that it ditched its local currency, the colón

  • El Salvador Faces Turmoil as Bitcoin Value Plunges 15 Jun 2022 20:51 GMT

    … Bukele's tweets. El Salvador has several obstacles, including large … more financing. Fitch lowered El Salvador's rating to … by El Salvador's government to adopt a second national currency … when it replaced its currency, the colón, with the U.S …

  • Why the IMF is wrong about El Salvador’s Bitcoin experiment 09 Jun 2022 10:15 GMT

    … everywhere in between, El Salvador’s adoption of … colón against the dollar, El Salvador made the U.S. dollar its official currency … spending. If alternatively, El Salvador were operating as … infrastructure investment. Moreover, El Salvador’s unenviable fiscal …

  • Dollar influence on Latin American economy 19 Sep 2023 22:59 GMT

    … Panama, El Salvador, and Ecuador have adopted the US currency for … cannot adequately manage the currency, citizens begin to … into dollars, and the Salvadoran colon was withdrawn. According to … the decision.” However, for El Salvador and Honduras, the “greatest …

  • 'In El Salvador, the bitcoin dream is fading' 20 May 2022 09:26 GMT

    … political capital. El Salvador has justified adopting this currency by the … topic Bitcoin becomes official currency in the Central … In the case of El Salvador, it also symbolizes emancipation … local currency, the colon, 20 years ago. By making El Salvador the …

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