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.

According to the Central Reserve Bank, bitcoin was used in 1.9% of remittance payments sent to El Salvador between September 2021 and April 2022. [66] Media outlets reported that bitcoin had failed to increase tourist revenue, and that its use even in tourist hubs was limited to a …

1 day ago · San Salvador and President Nayib Bukele wanted a loan from the IMF for $1.4 billion dollars and the IMF agreed so long as the country agreed to scale back its pro-Bitcoin laws. El Salvador’s ...

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...

6 days ago · Pie de foto, El Salvador adoptó el bitcoin como moneda de curso legal en 2021. Información del artículo. Autor, Leire Ventas Título del autor, Corresponsal de BBC News Mundo en Los Ángeles ...

Sep 7, 2021 · MEXICO CITY — El Salvador on Tuesday became the first country to adopt Bitcoin as legal tender, allowing the cryptocurrency to be used in any transaction, from buying a cup of coffee to paying...

I n September 2021, El Salvador became the first country to make bitcoin legal tender, requiring all businesses to accept the cryptocurrency. In an attempt to popularize and regularize its use, the government gave citizens financial incentives to download a special cryptocurrency app.

Jun 9, 2021 · El Salvador has become the first country in the world to officially classify Bitcoin as legal currency. Congress approved President Nayib Bukele's proposal to embrace the cryptocurrency, with...

Sep 2, 2023 · Two years ago, El Salvador stunned the world by becoming the first country to make bitcoin an official currency. Journalists from around the world traveled to the Central American nation of...

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...