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El Salvador Sees Big Gains From Bitcoin Price Surge
6 Articles
6 Articles
After four years of legalizing the bitcoin cryptocurrency, the Salvadoran government claims that the decision has generated hundreds of millions in profits, although popular use remains low.The most risky investment of the Salvadoran government in decades has just reached its highest point.The Central American nation became in September 2021 in the first country in the world to legally buy and circulate bitcoin on a par with the dollar.The count…
El Salvador has earned over 443 million dollars due to the rise in Bitcoin rate. The cryptocurrency was introduced almost four years ago by resolution of President Nayib Bukele. In September 2021 the Central American country was the first country in the world to legally buy and circulate Bitcoin alongside the dollar. The country has no [...] The post increase of Bitcoin: El Salvador wins 443 million US dollars first appeared on latinapress news.
El Salvador has earned $443 million from the surge in the price of Bitcoin, a cryptocurrency it began purchasing almost four years ago by decision of President Nayib Bukele. In September 2021, the Central American nation became the first country in the world to legally buy and circulate Bitcoin at par with the dollar. The country does not have a national currency.https://resources.diariolibre.com/images/2025/07/17/edit-0000274624still1123-8c9fe9…
El Salvador has won 443 million dollars with the increase in the contribution of bitcoin , cryptocurrency that began to acquire almost four years ago by decision of President Nayib Bukele. The Central American nation became in September 2021 in the first country in the world to legally buy and circulate bitcoin at the same time with the dollar. The country has no national currency. El Salvador accumulates 6,240 bitcoins, equivalent to 740.7 mill…
El Salvador Emerges as the ‘Switzerland of Bitcoin’ with New Capital Market Milestone.
El Salvador has reached a significant milestone in its efforts to become a global financial innovation hub. According to The Bitcoin Office, the country is quickly earning the title of the “Switzerland of Bitcoin”, following the issuance of tokenized U.S. Treasury Bills (USTBL) on the Bitcoin network, which received an ‘A’ rating from independent asset rating agency Particula. The announcement was highlighted by Stacy Herbert, Director of The Bi…
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