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Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day

Published 11/17/2022, 03:04 AM
Updated 11/17/2022, 04:40 AM
Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day
BTC/USD
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As the world’s first nation to adopt Bitcoin (BTC) as a legal tender in September 2021, El Salvador is going back to its BTC buying days after a pause for months amid bearish market conditions.

El Salvador President Nayib Bukele announced on Nov.16 that the Central American nation will start purchasing BTC on a daily basis starting from Nov.17. The announcement comes nearly three months after the nation made its last BTC purchase in July 2022.

El Salvador's total BTC purchase history

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