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El Salvador hasn't purchased bitcoin (BTC-USD) since February 2025, despite repeated claims from President Nayib Bukele's ...
Sovereign Bitcoin reserves may become a long-term strategy for nations as El Salvador’s gains show multi-year value, Decrypt ...
El Salvador, once hailed as the global trailblazer for national Bitcoin adoption, is quietly shifting gears. After making ...
Despite claiming to be accumulating Bitcoin, a recent IMF report has just confirmed that El Salvador hasn’t bought any new ...
El Salvador asked the IMF for a $1.3-billion loan to help cover those bills, but a deal looks unlikely given the nation’s refusal to drop bitcoin or make other financial adjustments.
El Salvador became the first country to adopt bitcoin as legal tender, but the rollout stumbled. President Nayib Bukele acted as de facto tech support.
El Salvador officially adopted bitcoin as a legal currency on Tuesday, becoming the first country to do so. However, several hours into the first day, the launch of Chivo, ...
Bitcoin's debut as an official currency in El Salvador was met with volatility and skepticism. El Salvador's reliance on remittances, or payments sent from abroad, led to the move.
El Salvador’s law means bitcoin will have equal footing with the dollar, which became its official currency 20 years ago. Making bitcoin “legal tender” means shops and businesses must accept ...
El Salvador in 2021 wanted to ensure that their citizens and future investors would have an advantage as other countries acquire bitcoin. This enables them to build out the country's ...
As El Salvador officially adopted Bitcoin as legal tender on Tuesday -- making it the first country to do so -- it also rolled out Chivo, its own state-sponsored Bitcoin wallet.