Bitcoin may no longer be legal tender in El Salvador, but Bitcoiners in the country haven't given up on the mission. El Salvador is still Bitcoin country, despite the fact that bitcoin is no longer ...
El Salvador was the first country to adopt Bitcoin as a leader tender. The country’s journey in Bitcoin adoption is a case study for the entire financial space. At first, financial experts across the ...
Four years after becoming the first country to adopt bitcoin as legal tender, El Salvador is taking a step back. The Legislative Assembly has approved changes to the country's Bitcoin Law ...
Adrian Zmudzinski is a cryptocurrency journalist with over 4,000 articles under his belt. His bylines include Cointelegraph, Benzinga, Crypto.News, and BeInCrypto. We uphold a strict editorial ...
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly ...
El Salvador’s Bitcoin reserves now stand at 6,068 BTC, worth over $554 million. The country plans to increase Bitcoin purchases in 2025 despite its IMF agreement. Per the government’s Bitcoin ...
El Salvador now has 6055 BTC in its reserves, worth over $618.9 million. The country signed a deal with the IMF to limit its Bitcoin transactions and make Bitcoin acceptance voluntary. Nayib Bukele ...
El Salvador has acquired 11 more Bitcoins to boost its reserve. The IMF deal has pressured Congress to remove BTC as El Salvador’s currency. El Salvador is consistent in BTC accumulation despite ...
El Salvador revoked Bitcoin’s legal tender status due to IMF pressure. Despite the transition, the country continues to increase its BTC reserves. Currently in the news with a surge of its ...
El Salvador remains firm in its commitment to Bitcoin, continuing to buy the cryptocurrency even as its price hovers below $100,000. The nation recently added another 12 BTC to its reserve, bringing ...
While InvestingPro analysis shows the company is quickly burning through cash, it operates with a moderate level of debt. The company's recent Bitcoin selling activity has raised some questions ...