Op-Ed: The real reason El Salvador adopted Bitcoin

2021-12-17 09:00

Bukele argues that his country’s embrace of Bitcoin aims to spur development and reduce the fees paid by Salvadorans abroad sending remittances back home, which make up nearly a quarter (22%) of El Salvador’s GDP. origin »

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bitcoin salvador sending remittances abroad paid back

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El Salvador to Setup Bitcoin Banks – The First of Its Kind

El Salvador’s Bitcoin revolution is entering a new chapter. The Bitcoin Office X handle announced that “Bitcoin Banks” are coming to the nation — the first of their kind anywhere in the world. The reveal came from the country’s official Bitcoin Office, which teased the development in a post on X, referring to El Salvador … Continued The post El Salvador to Setup Bitcoin Banks – The First of Its Kind appeared first on BeInCrypto.

2025-8-8 11:44


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El Salvador launches website to monitor the Bitcoin holdings in its treasury

El Salvador has made headlines once again in the cryptocurrency world with the launch of a Bitcoin treasury monitoring website. Since adopting Bitcoin (BTC) as a legal tender in 2021, El Salvador continues to pioneer initiatives aimed at embracing and leveraging the potential of digital assets for economic growth and financial inclusion. The Central American […]

2024-5-13 14:20