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El Salvador , Thursday 16 April 2026

El Salvador Is Planning a 'Bitcoin Embassy' in Texas After Losing Tens of Millions on Crypto

Published on: Wednesday 15 February 2023

El Salvador Is Planning a 'Bitcoin Embassy' in Texas After Losing Tens of Millions on Crypto El Salvador, which has already lost tens of millions of taxpayer dollars on its authoritarian millennial president’s beleaguered effort to embrace cryptocurrencies, now says it plans to open a “bitcoin embassy” in Texas. The Central American country’s continued commitment to bitcoin comes despite last year’s crypto winter and surveys showing the overwhelming majority of its citizens have simply never used it.


News source: https://news.yahoo.com/el-salvador-planning-bitcoin-embassy-180353065.html

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