Cryptocurrencies

    El Salvador unveils new Bitcoin treasury site

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    El Salvador's Bitcoin Office (ONBTC) has launched a pioneering website, leveraging a customised instance of Mempool Space, to provide comprehensive visibility into the nation's treasury holdings.

    The platform confirms El Salvador's steadfast commitment to acquiring one Bitcoin (CRYPTO:BTC) daily, a strategy spearheaded by President Nayib Bukele to fortify the country's Bitcoin reserves.

    Despite the disclosed accumulation of nearly 5,750 BTC, lingering questions persist regarding the full extent of El Salvador's cryptocurrency holdings, as undisclosed addresses may harbor additional assets beyond public scrutiny.

    This initiative underscores El Salvador's proactive approach to fostering transparency and accountability in its evolving cryptocurrency ecosystem.

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