The remarkable success story of El Salvador embracing Bitcoin is resonating globally, inspiring other nations to consider adopting the leading cryptocurrency. President Nayib Bukele of El Salvador has accumulated 2,798 Bitcoins for his country, already generating a profit of $13 million. Notably, this financial gain has been achieved even before […]
Tag: El Salvador
Binance Becomes El Salvador’s First Fully Licensed Crypto Exchange
Binance, the world’s largest cryptocurrency exchange, has become the first fully licensed crypto exchange in El Salvador. This is a major milestone for Binance and for the adoption of cryptocurrency in El Salvador. El Salvador made history in 2021 when it became the first country in the world to adopt […]
The Journey Of Bitcoin Legalization In El Salvador: A Two-Year Review And Future Prospects
Two years have passed since El Salvador became the first nation in the world to recognize Bitcoin as legal tender. It’s unclear how the decision will ultimately affect the nation, which was received with both excitement and cynicism. The adoption of Bitcoin has been a rocky road thus far. Bitcoin’s […]