Feb 2, 2025 · The government, she assured, will continue buying bitcoin and having reserves in this cryptocurrency. According to the National Bitcoin Office, El Salvador has 6,050 bitcoins worth $634.8 million. “President Bukele continues buying bitcoin, we have a Bitcoin Office, we have the Bitcoin Law, bitcoin can be used in El Salvador.

Feb 3, 2025 · Despite these changes, the administration insists it remains committed to bitcoin. Milena Mayorga, El Salvador's ambassador to the United States, has said that El Salvador is still a "bitcoin ...

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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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.

Jan 31, 2025 · El Salvador has rolled back a key provision of its Bitcoin Law, removing BTC’s status as a unit of account. The country’s Congress passed a reform that makes Bitcoin acceptance voluntary, scaling back its role in the economy.. The move aligns with requirements set by the International Monetary Fund (IMF) as part of a $1.4 billion credit facility agreement.

Jan 30, 2025 · [1/5] A woman passes by the Bitcoin Monument after bitcoin soared above $100,000, in Ilopango, El Salvador, December 5, 2024. REUTERS/Jose Cabezas/File Photo Purchase Licensing Rights, opens new tab

Jan 30, 2025 · En ese mismo año, El Salvador llegó a ser llamado “el país del bitcoin”, pero para finales de 2022 el 91,7% de la población creía que su economía seguía igual o peor, según las encuestas.

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...

Feb 5, 2024 · Nayib Bukele's re-election as El Salvador's President in a landslide victory is not just a political triumph but also affirmation of the country's ongoing bitcoin adoption, garnering more...