Bitcoin trades higher after the 39-year-old President of El Salvador says his country has officially adopted the world’s largest digital currency as legal tender.

When El Salvador brazenly adopted Bitcoin as legal tender in 2021, it straightaway became a kind of lodestone that generated debate about the cryptocurrency’s role in shaping a nation's economic ...

Bitcoin’s value shot up after El Salvador became the world’s first country to accept it as legal tender.. As of 3:30 a.m. ET on Thursday, the virtual currency was trading at $36,849 per coin ...

El Salvador’s Bitcoin holdings have tripled in value to over $767 million as of July 14. The country’s BTC holdings surged as ...

El Salvador became the first country in the world to adopt Bitcoin as legal tender, kicking off a big and bold experiment for the popular cryptocurrency. Accessibility links Skip to main content ...

El Salvador’s move rekindled memories of the Nov. 30, 2000, decision to dollarize El Salvador’s economy, an action taken in the middle of the night by the Arena-controlled congress.

El Salvador’s interest in adopting bitcoin as legal tender has other powerful economic rationales. In 2001, after a long period of instability, El Salvador replaced the Salvadoran colón with ...

SAN SALVADOR — El Salvador’s Legislative Assembly has approved a bill making the cryptocurrency bitcoin legal tender in the country, the first nation to do so, just days after President Nayib ...

SAN SALVADOR — El Salvador has become the first country in the world to adopt bitcoin as legal tender after Congress approved President Nayib Bukele's proposal to embrace the cryptocurrency ...

So making Bitcoin legal tender could help destabilize El Salvador’s economy. Increasing El Salvador’s GDP. Things would have been simpler if El Salvador had adopted a “stablecoin” whose ...

El Salvador’s Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first country to do so, just days after President Nayib Bukele made ...