Then there was his crypto fixation. In 2021 El Salvador became the first country to make bitcoin legal tender, alongside the ...

The El Salvador government recently signed a $1.4B financing deal with the IMF. The deal includes measures aimed at reducing the country’s Bitcoin exposure. Despite the agreement, El Salvador has ...

SAN SALVADOR, March 5 (Reuters) - El Salvador announced on Wednesday ... cryptocurrency's status in the Central American country. Bitcoin cannot be used to pay taxes and its acceptance by the ...

but it cannot be used to pay taxes or state bills. President Nayib Bukele admitted that introducing Bitcoin as an official currency alongside the US dollar in September 2021—the world’s first such ...

Acceptance of Bitcoin will be voluntary, tax payments will be made in US dollars ... the deal aims to address the potential risks of El Salvador’s Bitcoin project in line with the “fund ...

Some of those measures included making Bitcoin payments voluntarily and making tax payments in US dollars. El Salvador currently holds 6,101 Bitcoin worth $534.5 million, according to data from ...

El Salvador's Bitcoin office revealed it purchases another $BTC Sunday, bringing its total stash to 6,118.18 $BTC Under the deal, El Salvador is supposed to not make ...

That country is El Salvador, home to the native Pipil ... enthusiast at a self-serve beer kiosk struggling to pay for his pint with Bitcoin. "I don't have my invoice ready," he says as he waves ...