President Nayib Bukele

Photo: The Crypto Basic

El Salvador President To Use Bitcoin Earned Money For Veterinary Hospital

Salvador's president, Nayib Bukele on October 10 said that a certain percentage out of the $4 million earned from bitcoin will be used to establish a veterinary hospital. Besides, Bitcoin's value dropped over 10% of its value as El-Salvador became the first country to recognize cryptocurrency as legal tender. However, in the last week, its user base has increased by 30%. Moreover, the hospital will provide basic emergency treatment.

Sun, 10 Oct 2021 - 02:45 PM / by Vidhi Jhunjhunwala

Tags: el salvador, Bitcoin, veterinary hospital, Nayib Bukele

Courtesy: Hindustan Times