El Salvador Marks Three Years of Bitcoin Adoption, Gains $31M in Profit
El Salvador Marks Three Years of Bitcoin Adoption, Gains $31M in Profit
Three years after becoming the first nation to adopt Bitcoin as legal tender, El Salvador has recorded a profit of over $31 million from its Bitcoin investments, despite initial global skepticism.
On September 7, 2021, El Salvador made history by officially embracing Bitcoin as legal tender. This unprecedented move aimed to boost financial inclusion, streamline remittance payments, and position the country as a hub for financial innovation. P...
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