🇸🇻 El Salvador's Bitcoin Experiment Continues

El Salvador, the first country to adopt #Bitcoin as legal tender, has seen fluctuations in the value of its Bitcoin holdings. As of December 16th, the increase in Bitcoin's price has resulted in an unrealized gain on their Bitcoin reserves.

In related news, Bitget, a leading crypto exchange, has secured a Bitcoin Service Provider (BSP) license from El Salvador's Central Reserve Bank. This license will allow Bitget to:

Facilitate BTC-to-fiat exchanges
Enable secure Bitcoin custody services
Offer streamlined payment processing

This development aligns with El Salvador's broader efforts to foster a Bitcoin-friendly environment.

What are your thoughts on El Salvador's Bitcoin policy and Bitget's new license? #BTCNewATH