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El Salvador’s Bitcoin strategy boosts its economy

Vice President Félix Ulloa credited the growth of over 500 million USD in reserves to the country’s Bitcoin initiatives, led by the Bitcoin Office. Since adopting BTC as legal tender in 2021, El Salvador has amassed over 6,000 BTC.

The meeting with Chinese Ambassador Zhang Yanhui underscored efforts to enhance digital connectivity projects, such as ‘Cable Submarino.’ Cooperation with China is essential for El Salvador’s technological advancement, as noted in the ambassador’s letter from China’s vice president.

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