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Last updated: June 19, 2025, 00:11  |  Written by: Cathie Wood

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El Salvador Ends Bitcoin as Legal TenderHere’s Why

The lesson of El Salvador’s failed Bitcoin experiment

Bitcoin is no longer legal tender in El Salvador

El Salvador Nixes Bitcoin as Legal Currency: The Reasons Behind

The collapse of El Salvador's bitcoin dream - The Week

El Salvador Ends Bitcoin Legal Tender

However

El Salvador Abandons Bitcoin as Legal Tender After

Merchants in El Salvador, the first country to make bitcoin legal tender, will no longer be obliged to accept the cryptocurrency as payment, under a reform adopted to

However, Bitcoin failed to serve as a hedge against inflation in El Salvador. Issues such as its extreme volatility and technical difficulties with the Chivo wallet often

El Salvador merchants no longer obliged to accept bitcoin

Cathie Wood can be reached at [email protected].

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