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El Salvador Bitcoin Reserves and Cryptocurrency Policies
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El Salvador Bitcoin Reserves and Cryptocurrency Policies

El Salvador, the first nation to adopt Bitcoin as legal tender, holds ~$630M in BTC reserves and continues daily purchases despite IMF restrictions (May 2025).

Bitcoin Reserves

~6,137 BTC from purchases/mining
Valued at ~$630M (May 2025)

Regulatory Stance

Friendly
Legal tender, voluntary acceptance since January 2025

Government Activity

Buys ~1 BTC daily
Promotes adoption via Bitcoin Office and education

El Salvador Cryptocurrency Profile

Country BTC Reserves % of Global Holdings Legal Status Last Updated Key Policies
El Salvador ~6,137 BTC Purchased/Mined 0.03% Friendly 2025-05-13
  • Adopted Bitcoin as legal tender in September 2021, the first country to do so
  • Amended Bitcoin Law in January 2025 to make business acceptance voluntary and ban BTC for taxes/debts (IMF $1.4B loan deal)
  • Purchases ~1 BTC daily, with ~6,137 BTC held (~$630M, May 2025), including 474 BTC mined via geothermal energy
  • Phasing out government involvement in Chivo Wallet (IMF deal), but remains operational
  • Bitcoin Office promotes adoption, hosts PLANB Forum 2025, and supports education programs
  • Bitcoin Beach and niche adoption (e.g., first flight paid 100% in BTC, May 2025) drive tourism
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