Tourism in El Salvador up 30% since Bitcoin adoption, minister says

Tourism in El Salvador up 30% since Bitcoin adoption, minister says

Salvadoran President Nayib Bukele previously announced that El Salvador’s GDP grew over 10% in 2021. El Salvador’s adoption of Bitcoin (BTC) as legal tender in September 2021 has triggered a notable surge not only for its gross domestic product but also for the local tourism development.According to El Salvador’s tourism minister Morena Valdez, the tourism industry in El Salvador surged more than 30% since the adoption of the Bitcoin law in September 2021.“We did a poll to check the activity according to the before and after of Bitcoin. The tourism sector increased in November and....


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