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President Bukele Says El Salvador To Buy One Bitcoin Daily

El Salvador’s president has declared that his government will start purchasing 1 Bitcoin (BTC) daily starting tomorrow.

Bitcoin advocate and president of El Salvador Nayib Bukele has declared that his government will start adding one bitcoin (BTC) to its holdings every day, starting from November 18. Bukele made the pronouncement in the early hours of Thursday. The recent declaration underlines the El Salvadoran president’s confidence in the firstborn crypto amid market turbulence.

El Salvador, the first country to make BTC legal tender in September of last year, currently holds about 2,381 BTC following a series of purchases that began with a 400 BTC procurement a day before it adopted the asset as legal tender.

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President Bukele Says El Salvador To Buy One Bitcoin Daily

All Comments

Recommended for you

Justin Sun: HTX suffered a hacker attack and the user asset security platform is operating normally

Hong Kong Police: The number of people reporting JPEX cases reached 2,360, involving nearly HK$1.5 billion

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Vice President of United Hong Kong Fund: The Hong Kong Securities and Futures Commission can imitate the US SEC in regulating virtual asset trading platforms as the next step

Wu Jiezhuang: It has been recommended that the Hong Kong Legislative Council establish a "Web3 and Virtual Asset Development Subcommittee"

Amazon to Invest $4 Billion in Anthropic to Become Its Primary Partner

European crypto fund Eureka partners completes $40 million in fundraising

Hong Kong's Securities Regulator to Publish List of Licensed and Suspicious Cryptocurrency Trading Platforms

The Securities and Futures Commission of Hong Kong Will Publish 4 Lists of Virtual Assets and 1 List Specifically Targeting Suspicious Virtual Asset Trading Platforms

SlowMist: The Mixin Network Cloud Service Provider Database Was Attacked, Involving Approximately $200 Million in Funds

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