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El Salvador Bitcoin
White House Announces Imminent Bitcoin Reserve Plan, Official Says Legal Hurdles Cleared
Naturalnews.com·24d ago·neutral
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The White House is on the verge of a formal announcement regarding the U.S. Strategic Bitcoin Reserve (SBR), according to Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets. Witt stated that the administration has clear…
The White House is on the verge of a formal announcement regarding the U.S. Strategic Bitcoin Reserve (SBR), according to Patrick Witt, executive director of the President's Council of Advisors for D… [+5348 chars]
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Published
May 20, 2026, 06:00 AM
Author
Sterling Ashworth
Source
Naturalnews.com
Frequently asked · El Salvador Bitcoin
Is Bitcoin still legal tender in El Salvador?
While El Salvador made Bitcoin legal tender in 2021, reports indicate the country repealed its mandate requiring businesses to accept it in early 2025.
Did the average Salvadoran adopt Bitcoin for daily use?
No, studies show that most citizens who downloaded the government's Chivo wallet stopped using it after receiving their initial $30 bonus, and only a small fraction of the population uses Bitcoin for regular payments.
What is the status of the government's Bitcoin investment?
As of late 2024, the government's reported Bitcoin investment has reached over $600 million in value, though these remain unrealized gains until the assets are sold.