El Salvador celebrates Bitcoin anniversary amid mixed results 4 years on
20 Articles
20 Articles
El Salvador Celebrates 4 Years of Bitcoin Legal Tender with 21 BTC Purchase
El Salvador just marked the fourth anniversary of its Bitcoin legal tender law with a symbolic acquisition of 21 BTC. The purchase comes despite International Monetary Fund (IMF) restrictions following a $1.4 billion loan agreement. Symbolic 21 BTC Purchase El Salvador bought 21 BTC on September 7 to celebrate the fourth anniversary of its Bitcoin Law, with the latest purchase being a symbolic nod to the flagship cryptocurrency’s 21 million supp…
From Literature to Finance: El Salvador’s Bitcoin Zone Offers Books, Data, and Education at The National Library BINAES.
El Salvador has opened its first Bitcoin Zone at the National Library (BINAES), a space designed to highlight the country’s unique approach to digital finance and education. Inaugurated on the fourth anniversary of the Bitcoin Law, the initiative is part of a broader effort to bring financial literacy and innovation closer to the public. The new space, located on the fifth floor of BINAES and shaped like the letter “B,” is open daily and offers …
President Nayib Bukele announced yesterday the purchase of 21 BTC to celebrate the day El Salvador became the first country in the world to recognize Bitcoin as a legal tender. *** President Nayib Bukele announced yesterday the purchase of 21 BTC on Sunday. Four years ago, the country became the first country in the world to recognize Bitcoin as a legal currency. Despite IMF pressure, El Salvador continues to buy 1 BTC daily. It has 6,313 BTC, e…
El Salvador Buys 21 Bitcoin Amid IMF Loan Restrictions
El Salvador acquired 21 Bitcoin for the fourth anniversary of its Bitcoin Law, raising reserves to 6,313 coins worth $700 million (approx. Rs. 6,000 crore). Despite IMF restrictions and limited Chivo wallet adoption, the government continues to make daily purchases, promotes Bitcoin education, and implements security measures, drawing criticism for prioritising government and corporate use over average citizens.
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