Crypto crash leaves El Salvador with no easy exit from worsening crisis

May 19, 2022 1:49 PM

SAN SALVADOR (REUTERS) – El Salvador’s big bet on Bitcoin, which the Central American nation has been buying since September, has soured in recent weeks as a cryptocurrency rout shaved over a third of the value of the government’s holdings, Reuters calculations show.

Source : https://www.straitstimes.com/business/economy/crypto-crash-leaves-el-salvador-with-no-easy-exit-from-worsening-crisis