How is the Bitcoin City in El Salvador going?
BTC, RWA, How is the construction of the Bitcoin City in El Salvador going? Golden Finance, In the crypto world, El Salvador is also a well-known existence.

BTC, RWA, How is the construction of the Bitcoin City in El Salvador going? Golden Finance, In the crypto world, El Salvador is also a well-known existence.
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.
Salvadoran President Nayib Bukele stated that as Bitcoin recently surged to US$42,000, the Bitcoin holdings of El Salvador finally turned profits, surpassing US$3.6 million after enduring prolonged losses.
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.
As El Salvador furthers bitcoin adoption, investors grow weary of the country's dollar debt, while the International Monetary Fund advises against using bitcoin as a legal tender.