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    Bitcoin in El Salvador - Wikipedia

    • El Salvador became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021. It has been promoted by Nayib Bukele, the president of El Salvador, who claimed that it would improve the economy by making banking easier for Salvadorans, and that it would encourage foreig… See more

    History

    The colón (SVC) was the official currency of El Salvador from 1892 until it was replaced by the US dollar on January 1, 2001, when the Legislative Assembly of El Salvador passed the Monetary Integration Act under the adminis… See more

    Usage of and economic impact of bitcoin in El Salvador

    Chivo launched in October 2021, and immediately drew criticism for issues regarding features like payment processing and transactions. Shortly after midnight, Bukele confirmed via Twitter that the app was not av… See more

    Bitcoin rally: Is El Salvador's Bitcoin bet paying off? - BBC
    El Salvador's president is celebrating after a Bitcoin reserve he bought with public money has entered the black amid the continuing Bitcoin price rise. Since 2021, Nayib Bukele has spent...
    BBC · https://www.bbc.com/news/technology-…
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    Usage of and economic impact of bitcoin in El Salvador