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El Salvador, in Brief: Global financial duress is pummeling cryptocurrencies including Tether, an important piece of Nayib Bukele’s bitcoin project. One year into the Bitcoin Law, most Salvadorans say its benefits have been minimal, the government keeps related spending a closely guarded secret, and its bitcoin portfolio has lost $57M in taxpayer money. The president calls for patience. Subscribe to our newsletter
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El Faro English
elfaro.net/en/202103
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