Now playing Next Money Why 'Bitcoin City' hasn't taken off in El Salvador A major part of the problem is that the drop in the value of Bitcoin and other cryptocurrencies has alienated investors. 07/09/2022
Now playing Next no comment Salvadorans participate in centuries-old battle of the fireballs Like incandescent stones shooting out of a volcano, the inhabitants of Nejapa, a village 20 km north of San Salvador, gather every year to throw fireballs at each other in a centuries-old ritual that defies danger. 02/09/2022
Now playing Next El Salvador Gang violence crackdown sees 30,000 arrested in El Salvador The violence is a longstanding problem. 20/05/2022
Now playing Next no comment Relief for some, alarm from other as El Salvador rounds up 'gangsters' President Nayib Bukele's "war on gangs" in El Salvador is now in its first month after a crime wave that left 87 people dead last month, with more than 18,000 people arrested under a state of emergency. 27/04/2022
Now playing Next no comment El Salvador prisoners dragged out of cells amid spike in gang violence Officers dragged half-naked inmates out of their cells, forced them to run and searched them in the courtyard. President Nayib Bukele issued an ultimatum to gangs considered responsible for dozens of homicides in three days, threatening to increase punishments on their imprisoned members. 29/03/2022
Now playing Next Money US senators draft bill to help 'mitigate' El Salvador's Bitcoin law "Ok boomers… You have 0 jurisdiction on a sovereign and independent nation," Bukele said, referring to the older generation of "baby boomers". 17/02/2022
Now playing Next Biztech news Tech this week: El Salvador rejects IMF call to drop Bitcoin use El Salvador became the first country in the world to make Bitcoin legal tender and is resisting any pushback on that, while Snap shares surge after a tough week for the tech sector. 06/02/2022
Now playing Next Scenes El Salvador: Collective of young artists eyes "cultural revolution" "From limitation comes the creative explosion." 31/01/2022
Now playing Next Money IMF urges El Salvador to drop Bitcoin as legal tender El Salvador became the first country in the world to adopt Bitcoin as legal tender, but the International Monetary Fund is not a fan. 26/01/2022
Now playing Next Money El Salvador reveals plans to build the world's first 'Bitcoin City' Billed as 'fully ecological' powered by geothermal energy from a volcano, El Salvador's "Bitcoin City" is the country's latest commitment to crypto. 21/11/2021
Now playing Next Money Bitcoin is being mined in El Salvador with green volcanic energy Of the 107 megawatts generated by the plant, five are used for the operation and mining of Bitcoin and the rest for the country's power grid. 29/10/2021
Now playing Next no comment 2,000 migrants continue walk through southern Mexico A group of about 2,000 mainly Central American migrants continued their mass exodus from the southern Mexico city of Tapachula Sunday, reaching a town about 16 miles away. 25/10/2021
Now playing Next no comment Traders evacuate burning market in El Salvador Traders are evacuated and emergency services work at the scene as a huge fire burns at San Salvador's San Miguelito market. 23/09/2021
Now playing Next Biztech news Tech this week: El Salvador court looks at Bitcoin complaints A court will look at complaints against Bitcoin purchases made by El Salvador's government, Elon Musk leads tributes to Sir Clive Sinclair, plus more tech news. 19/09/2021
Now playing Next Money Thousands protest against El Salvador's president and Bitcoin law Protesters marched against moves by President Nayib Bukele to centralise power, attacking Bitcoin ATMs installed by the government. 16/09/2021
Now playing Next Money El Salvador's Bitcoin rollout hit by digital wallet glitches For a fourth day in a row on Friday, technical glitches marred attempts by Salvadorans to download and use the country's new digital wallet. 11/09/2021
Now playing Next Money Ukraine has just passed a new cryptocurrency law. What will change? Ukraine is the fifth country in as many weeks to set up ground rules for digital currencies, following El Salvador’s move to use Bitcoin as legal tender. 09/09/2021
Now playing Next Money Crypto prices plunge and exchange trading falters marring Bitcoin Day All eyes were on El Salvador as it made Bitcoin official legal tender. But the cryptocurrency market had other plans. 07/09/2021
Now playing Next Money El Salvador officially adopts Bitcoin as currency - with a few hiccups Skepticism around Bitcoin was not dispelled when Salvadorans couldn't access the country's new digital wallet - or when its price slid. 07/09/2021
Now playing Next Money Majority in El Salvador don’t want or trust Bitcoin, new study finds As El Salvador is about to use Bitcoin as legal tender, a study shows many are distrustful of the crypto and some don’t even know what it is. 03/09/2021
