Women buy at a store at El Zonte Beach in Chiltiupan, El Salvador, on June 10, 2021. Photo: Reuters
Women buy at a store at El Zonte Beach in Chiltiupan, El Salvador, on June 10, 2021. Photo: Reuters
Bitcoin

El Salvador buys another US$25 million in bitcoin, president says, doubling down on cryptocurrency experiment

  • The Salvadoran government bought 420 more bitcoin, President Nayib Bukele said on social media, and the treasury currently holds 1,120
  • El Salvador is the first country in the world to adopt bitcoin as legal tender, which the government argues will lower the cost of remittances for migrants

Topic |   Bitcoin
Women buy at a store at El Zonte Beach in Chiltiupan, El Salvador, on June 10, 2021. Photo: Reuters
Women buy at a store at El Zonte Beach in Chiltiupan, El Salvador, on June 10, 2021. Photo: Reuters
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