El Salvador

Located in Central America, El Salvador rose to prominence after making bitcoin currency legal tender. Over time, the State wallet has grown to hold a fair amount of BTC. Despite criticism from the international community, El Salvador continues on its path of “bitcoinization.”

19 Dec 2024

El Salvador: Tightening to Bitcoin after $1.4 billion deal with IMF

IMF pushes El Salvador to reduce Bitcoin use in the country: no tax in BTC, abandoned Chivo wallet, and limits on government purchases

2 min read

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