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El Salvador's Bitcoin decision: Tracking adoption a year later

Coin Telegraph LogoCoin Telegraph6d ago

El Salvador's Bitcoin decision: Tracking adoption a year later - Coin Telegraph

Quick Summary:

El Salvador made history last year in September by making BTC a legal tender.

One year later, the falling BTC prices and delayed Volcanic bonds have fueled skepticism.

As market conditions turned bearish, however, the frequency of BTC purchases slowed down, and the president, who was often seen interacting with the crypto community on Twitter and sharing future Bitcoin endeavors, cut back his social media interactions significantly.


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Article Details

Author / Journalist: Cointelegraph By Prashant Jha

Category: Crypto

Topics: Law El Salvador North America Government Criptonoticias Bitcoin Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 14:03:00

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 7 minutes read

Article Length: 1250 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 493685

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 27 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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