El Salvador and bitcoin
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In plain words
Government-held bitcoin attributed to El Salvador, as tracked by bitcointreasuries.net. Government holdings usually come from seizures in criminal cases, mining or direct purchases.
What happened
El Salvador's Bitcoin Law takes effect, making it the first country with bitcoin as legal tender. Under a December 2024 IMF deal, mandatory acceptance by merchants was dropped.
See also
- US Strategic Bitcoin Reserve6 Mar 2025: The US President signs an executive order creating a Strategic Bitcoin Reserve funded with bitcoin already forfeited to the government.
- Spot bitcoin ETFA spot bitcoin ETF is a fund traded on a stock exchange that holds real bitcoin. It lets people get bitcoin price exposure through an ordinary brokerage account, without holding keys themselves.
References
- bitcointreasuries.net (pulled 2026-10-11) bitcointreasuries.net
- en.wikipedia.org en.wikipedia.org