El Salvador’s Bukele Says Bitcoin Strategy a ‘Net Positive,’ but Adoption Lags

El Salvador’s Bukele Says Bitcoin Strategy a ‘Net Positive,’ but Adoption Lags

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Source: Coindesk.com

Bitcoin brought "branding, investments and tourism" to El Salvador, President Bukele said in a TIME Magazine interview. The crypto, though, hasn't yet enjoyed the "widespread adoption" in the country as hoped for, he added. Under Bukele, El Salvador adopted bitcoin as legal tender and started purchasing it as a treasury asset in 2021.

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Source: Coindesk.com

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