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El Salvador has marked the fourth anniversary of adopting Bitcoin as legal tender and currently holds 6,291.18 BTC.

El Salvador has marked the fourth anniversary of adopting Bitcoin as legal tender and currently holds 6,291.18 BTC.

BlockBeats2025/09/07 06:02
BTC+0.36%ATM+0.69%

BlockBeats News, on September 7, El Salvador officially became the world's first country to adopt bitcoin as legal tender on September 7, 2021. President Nayib Bukele promoted the passage of the "Bitcoin Law" by the El Salvadoran Congress in June 2021, which stipulated that bitcoin could be used to pay for goods, services, taxes, etc., and would be recognized as legal tender alongside the US dollar. Subsequently, the El Salvadoran government launched the digital wallet "Chivo," allowing citizens to store and use bitcoin, offering a $30 bitcoin reward to registered users, and deploying bitcoin ATMs nationwide to facilitate transactions.


According to data from the website of the Ministry of Finance of El Salvador, El Salvador has accumulated an additional 8 bitcoins in the past 7 days, bringing its total bitcoin holdings to 6,291.18, valued at over $690 millions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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