Historical Events tagged with "nayib bukele"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
Bitcoin Officially Recognized as Legal Tender
El Salvador became the first country to adopt Bitcoin as legal tender, allowing citizens to use it for goods and services alongside the US dollar. The initiative is led by President Nayib Bukele, who advocates for financial inclusion and aims to enhance remittances, which are crucial for the Salvadoran economy. This move created global attention, raising discussions about cryptocurrencies' role in emerging economies and the future of traditional banking.
Continue ReadingArmy Soldiers Enter Assembly for Security Plan
On February 9, 2020, Salvadoran President Nayib Bukele ordered army soldiers to enter the Legislative Assembly in San Salvador. The presence of the military aimed to exert pressure on lawmakers to approve a controversial security plan designed to address rising violence in the country. The act sparked accusations of authoritarianism and briefly intensified a political crisis in El Salvador.
Continue Reading