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El Salvador leans on Bitfinex for daily bitcoin buy

Blockchain analysis reveals that El Salvador’s daily bitcoin purchases have been transferred from Bitfinex.

Nayib Bukele reveals El Salvador received 4,560 bitcoins from Bitfinex

Bukele claimed he is storing a wallet holding over 5,000 bitcoins in a vault, a figure seemingly contrasting with his previous statements.

El Salvador recently removed income tax on remittances and foreign investments, hoping to stimulate greater investment in the country.

Despite claims that Bitcoin City was “coming along beautifully,” the Ministry of Public Works has seemingly denied all knowledge of it.