El Salvador Marks Fourth Anniversary of Bitcoin Adoption With Mixed Results

El Salvador celebrated the fourth anniversary of its Bitcoin legal tender law this Sunday, marking a time of both progress and uncertainty. Despite initiating the first-ever adoption of Bitcoin as legal tender, the country has witnessed policy reversals and contrasting outcomes in its cryptocurrency experiment. Bitcoin’s strategic reserve now stands at 6,313 BTC, valued at over $702 million, and the government introduced a new banking law allowing investment banks to serve sophisticated clients. Furthermore, 80,000 public servants have been certified in Bitcoin-related skills by 2025. Educational programs on Bitcoin and AI have also been launched to educate citizens.