El Salvador’s Bitcoin President Re-Elected Another Winning Site for Web3?
On February 4, Salvadoran President Nayib Bukele, who made Bitcoin the national legal tender during his term, was successfully re-elected with 87% of the vote.

On February 4, Salvadoran President Nayib Bukele, who made Bitcoin the national legal tender during his term, was successfully re-elected with 87% of the vote.
El Salvador's Bitcoin investments, particularly the daily purchases, have generated an $8 million profit. The total value of Bitcoin assets stands at $131 million, indicating a successful venture into the cryptocurrency realm. However, the absence of announcements regarding bulk purchases raises questions about the country's future strategies in the crypto market.
El Salvador legislates expedited citizenship for Bitcoin donors, further integrating cryptocurrency in governance.
Brazil surpasses Nigeria in Bitcoin interest as El Salvador maintains its lead, indicating evolving trends in cryptocurrency preferences and regulatory dynamics across these nations.
El Salvador, in collaboration with Tether, unveils a pioneering visa program, "Adopting El Salvador Freedom Visa," offering citizenship to Bitcoin investors. With a focus on economic development, this initiative aims to boost El Salvador's position as a leader in mainstream crypto adoption and a hub for technological innovation in Central America.
Despite this, Bukele has declared that El Salvador has no intention to sell.
El Salvador's national bitcoin wallet continues to face major issues a week after its official launch.
This latest purchase brings El Salvador's Bitcoin reserves to about 1,120 BTC.
Bitcoin entrepreneur Samson Mow has launched a new company called JAN3, which reportedly raised $21 million in funding at a $100 million valuation.