South Carolina treasurer goes on Bitcoin 'fact-finding trip' to El Salvador

Coin Telegraph LogoCoin Telegraph1 mo ago

South Carolina treasurer goes on Bitcoin 'fact-finding trip' to El Salvador - Coin Telegraph

Quick Summary:

The state official reportedly used his own funds to pay for the trip, which included discussing Bitcoin with government officials and exploring financial literacy programs.

Reports have suggested that roughly 20% of Salvadorans use BTC through Chivo wallets, while El Salvador President Nayib Bukele announced the government held 2,381 BTC as of July.

"We were in a nicer restaurant, and the tab was about $300-400 — a bunch of us — and they paid with Bitcoin," said Loftis.

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Article Details

Author / Journalist: Cointelegraph By Turner Wright

Category: Crypto



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-10-05 @ 21:25:57 (1 months ago)

News Timezone: GMT -5:00

Ranking: #521 (out of 3220 stories this day)

News Source URL:

Language: English

Article Length: 424 words

Reading Time: 3 minutes read

Sentences: 10 lines

Sentence Length: 43 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 747896

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About Coin Telegraph

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Main Topics: Crypto

Official Website:

Update Frequency: 25 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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