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Last updated: June 18, 2025, 17:41  |  Written by: Meltem Demirors

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El Salvador Ends Bitcoin as Legal TenderHere’s Why

El Salvador Ends Bitcoin Legal Tender

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

El Salvador Nixes Bitcoin as Legal Currency: The Reasons Behind

El Salvador Abandons Bitcoin as Legal Tender After

The lesson of El Salvador’s failed Bitcoin experiment

Merchants In El Salvador

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

El Salvador merchants no longer obliged to accept bitcoin

Bitcoin is no longer legal tender in El Salvador

However

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

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