Nayib Bukele posted the physical address for the country's Bitcoin holdings, sparking speculation about its true balance. On-chain data shows connections with Bitfinex.
With BTC prices hitting a new all-time high, El Salvador’s crypto treasury is around $85 million in profit. The country has also changed its tax system to attract more foreign investment.
Nayib Bukele posted the physical address for the country's Bitcoin holdings, sparking speculation about its true balance. On-chain data shows connections with Bitfinex.
With BTC prices hitting a new all-time high, El Salvador’s crypto treasury is around $85 million in profit. The country has also changed its tax system to attract more foreign investment.
Recent surveys show that Salvadorans do not often use Bitcoin in their everyday lives, with only 12% making a BTC payment in the last year, down from 24.4%.
Google Cloud enters a strategic partnership with the government of El Salvador and will help to digitalize the country amid its bond rally and growing investor interest.
This month El Salvador marked a year since its government adopted Bitcoin as a legal tender. While many try to evaluate some intermediate results of this step, El Salvador’s president might get ready for re-election despite the constitution’s limits.
According to El Salvador’s constitution, the president of
