El Salvador’s official currency hinders trade with Russia Ilyukhin stated that Latin American countries use the US dollar as their official currency, which is currently under sanctions in Russia.
El Salvadors Bitcoin holdings saw a stunning $100 million boost in one week as the cryptocurrencys price climbed to $89,700.
The country today said that it intends to buy back $2.5 billion of its dollar-denominated debt. According to Bloomberg, El Salvador's debt has returned 4.7% since the election of Donald Trump last ...
US Dollar and Bitcoin. (El Salvador was the first country to adopt the crypto currency as an official currency in 2021, although the rollout has been off to a rocky start.) No need to exchange mon ...
In June, a BBC documentary about Bitcoin take-up in El Salvador found most of the population were using the digital currency less ... "There is no official information other than President ...