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El Salvador is celebrating the fourth anniversary of adopting Bitcoin as legal tender, currently holding 6,291.18 BTC.
By: theblockbeats.news|2025/09/07 14:32:27
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BlockBeats News, September 7th: On September 7, 2021, El Salvador officially became the world's first country to adopt Bitcoin as legal tender. President Nayib Bukele led the El Salvadoran Congress to pass the "Bitcoin Law" in June 2021, which stipulates that Bitcoin can be used for payments of goods, services, taxes, etc., alongside the US dollar as legal tender. The Salvadoran government subsequently launched the digital wallet "Chivo," allowing citizens to store and use Bitcoin, providing a $30 Bitcoin reward to registered users, and also deploying Bitcoin ATMs nationwide to facilitate transactions.
According to data from the Salvadoran Ministry of Finance website, El Salvador has accumulated an additional 8 Bitcoins in the past 7 days, bringing its total Bitcoin holdings to 6,291.18 Bitcoins, valued at over $690 million.
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