El Salvador President Nayib Bukele announced that they have withdrawn most of their Bitcoin (BTC) reserves to cold wallets.
El Salvador, which accepts Bitcoin as its official currency, says:If it’s not your key, it’s not your coin either.Based on the philosophy of “Most of Bitcoin reserves withdrawn to cold wallet.
Minister Nayib Bukele by March 15 made on the day in the statementwhere Bitcoins are located the cold wallet is stored in a physical vault specified. With the cold wallet address being shared publicly, many anonymous accounts can access this wallet. donations seen:
We decided to transfer the majority of our Bitcoins to a cold wallet and store this cold wallet in a physical vault in our national territory. You can call it our first Bitcoin piggy bank. It’s not much, but it’s honest work.
Up to date in El Salvador’s cold wallet worth $407 million total 5,689 Bitcoin bhowling. According to current data, the country’s Bitcoin assets are higher than last reported. 40% more It seems to be.
Apart from direct Bitcoin investments in El Salvador, Visa and citizenship with Bitcoin It expanded its activities in this field by launching a program that provides