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Bitcoin in El Salvador - Wikipedia
El Salvador became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021. [1] It has been promoted by Nayib Bukele , the president of El Salvador , who claimed that it would improve the economy by making banking easier for Salvadorans, and that it ...
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El Salvador’s president is triumphant after his bet on ...
Dec 6, 2024 · SAN SALVADOR, El Salvador (AP) — As bitcoin reached historic highs, surpassing $100,000 for the first tim e, El Salvador’s President Nayib Bukele was triumphant on Thursday about his big bet on the cryptocurrency.
El Salvador walks back its bitcoin law, ending its status as ...
Feb 3, 2025 · Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The Legislative Assembly has approved changes to the country's Bitcoin Law,...
Bitcoin rally: Is El Salvador's Bitcoin bet paying off? - BBC
Dec 6, 2023 · El Salvador's president is celebrating after a Bitcoin reserve he bought with public money has entered the black amid the continuing Bitcoin price rise. Since 2021, Nayib Bukele has spent...
El bitcoin deja de ser moneda de curso legal en El Salvador ...
Jan 31, 2025 · El Salvador le retiró al bitcoin la condición de moneda de curso legal menos de cuatro años después de haber sido, con el impulso del presidente Nayib Bukele, el primer país en adoptarlo.
Bitcoin en El Salvador: qué se sabe sobre la ley que ... - BBC
Jun 10, 2021 · Para adquirir y usar bitcoin, los salvadoreños necesitarán tener un dispositivo electrónico con internet. Pero esto no está al alcance de todos: solo el 45% de la población tiene acceso a la...
How Bitcoin is transforming lives in El Salvador - Cointelegraph
Oct 9, 2024 · El Salvador adopted Bitcoin to lower fees and improve financial inclusion, particularly for the unbanked population. Large businesses have embraced Bitcoin, while smaller firms and citizens...
El Salvador resumes Bitcoin purchase after one-week pause ...
2 days ago · El Salvador has made several large Bitcoin purchases outside of its daily acquisition strategy. In December, following the IMF financing deal, the country added $1 million worth of Bitcoin to its strategic reserves in a single purchase. On February 4, it acquired 11 Bitcoin valued at over $1 million.
El Salvador Is Still Bitcoin Country
Feb 7, 2025 · El Salvador would receive a $1.4 billion loan to support the government’s “reform agenda” Bitcoin-related risks be mitigated; bitcoin acceptance in the private sector must be voluntary, while the public sector’s participation in Bitcoin-related activities would be “confined” (bitcoin can no longer be used to settle government debts or pay taxes)
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