Despite the fact that bitcoin is no longer legal tender in El Salvador, the country is still embracing and promoting the use of the cryptocurrency. The government reversed its policy on bitcoin as legal tender after pressure from the International Monetary Fund (IMF), but local Bitcoin advocates and businesses remain committed to promoting bitcoin adoption. Bitcoin education programs and businesses that accept bitcoin as payment are still operating, and the Bitcoin Office in El Salvador continues to promote the cryptocurrency. While the IMF's influence may have had an impact, Bitcoiners in El Salvador are determined to continue pushing for broader bitcoin adoption in the country.



Other News from Today