All by tag: salvador

The country has already accumulated more than 7500 BTC and has no intention of stopping.

The country strengthened its bitcoin accumulation strategy during a sharp market decline, increasing reserves to the highest level in the program’s history

Earlier this year, El Salvador’s authorities stripped bitcoin of its official currency status

Earlier this year, the country’s parliament had already stripped the first cryptocurrency of its legal tender status

This status has been maintained for the first cryptocurrency since September 2021 but was canceled due to pressure from the IMF

The fund recommended that the authorities restrict public sector access to the first cryptocurrency

That said, Nayib Bukele believes that the positives outweigh the negatives

The courses are part of the program of the Higher School of Innovation in Public Administration

In total, the government’s accounts hold coins worth $360 million at the current exchange rate

The parties have been actively collaborating on other areas since 2021

The project has been delayed at least four times since it was first announced last March

The visa program was implemented jointly with the USDT issuer, Tether