07 Sep 2021

Bitcoin Will Soon be ‘Legal Tender’ in El Salvador – Here’s What that Means

Starting today, El Salvador has become the first country to make bitcoin legal tender. The government is taking the program a step further by giving $30 USD in free bitcoins to citizens who sign up for its national digital wallet, known as Chivo. Foreigners who invest three bitcoins in the

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17 Jun 2021

World Bank rejects El Salvador request for Bitcoin help

El Salvador requested help from the World Bank for becoming a legal tender of Bitcoin and was rejected. The World bank cited concerns over the environmental impact of Bitcoin mining and currency transparency for the rejection. El Salvador had announced plans to be the first nation to formally adopt the

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09 Jun 2021

El Salvador is the first country to adopt bitcoin as legal tender

In El Salvador, a majority of lawmakers approved a proposal brought forth by Salvadorian President Nayib Bukele that allows bitcoin to be used as legal tender in the country alongside the US dollar, becoming the first country to do so. The new law stated that all economic agents are required

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05 Feb 2019

El Salvador: anti-corruption candidate Nayib Bukele wins presidential election

Running on the campaign slogan “there’s enough money when no one steals,” anti-corruption candidate Nayib Bukele, the former mayor of the capital, won the country’s presidential election by a landslide and ending 25 years of political dominance by two parties. An estimated 67,000 people in the country belong to gangs

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28 Jan 2019

CBP: Cartels using large groups, sick migrants to distract Border Patrol

The U.S. Customs and Border Protection agency has recently described a surge in drug trafficker’s use of immigrants at the border to distract U.S. officers to open up unprotected smuggling lanes. In one recent instance, a group of 247 immigrants from Central America arrived at the border and 50 of

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21 Jan 2019

El Salvador: gangs step up killings before election

With the highest murder rate in the world, violence is escalating even further in the run-up to the country’s February 3rd presidential elections. Sources indicate that gangs are using the violence to pressure politicians to include them in electoral platforms or to work towards a truce similar to the one

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15 Jan 2019

Small group of Marines, sailors complete ‘first step’ in building long-term Latin America task force

The U.S. is slowly strengthening a multinational task force in Latin America whose role spans from natural disaster to security responses. 2018’s exercises saw the first time officers from foreign partner countries were integrated into the command staff, when a Colombian officer served as deputy commander of the task force.

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06 Nov 2018

MS-13, Barrio 18 Gangs Allegedly Employ More People in El Salvador Than Country’s Largest Employers

“MS-13 and Barrio 18, two of El Salvador’s most feared gangs, may have hired close to 60,000 people to work as ‘lookouts, collectors and assassins,’ compared to the 20,000 Salvadorans working for two U.S. underwear companies that are considered the Central American nation’s biggest employers, according to a report citing local

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31 Aug 2018

El Salvador arrests more than 400 MS-13 gang members

“Police in El Salvador have arrested more than 400 gang members in one of the largest nation-wide crackdowns to date against the Mara Salvatrucha. The director of the National Civil Police said Tuesday the arrests were aimed at disabling the gang’s vast financial and logistics network. Howard Cotto said that

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