Feb 24, 2022
El Salvador caught the attention of the globe following its interest in Bitcoin. Unlike other governments, the Salvadorian government did not wait up.
President Nayib Bukele pushed for the legalization of Bitcoin [BTC] in the region. Following a positive signal from higher-ups, the country implemented a number of Bitcoin-friendly policies.
In a similar endeavor, El Salvador launched its first-ever hospital for animals funded by Bitcoin.
The hospital lies in the municipality of Antiguo Cuscatlán, close to San Salvador’s capital. Bukele first proposed the idea of establishing an animal hospital in October.
The government declared that it would build the hospital with a $4 million excess from a trust fund established to aid in the government’s adoption of bitcoin as legal tender.
The implementation of bitcoin benefited the sector. More tourists and investors have come to see how cryptocurrency works. We did a poll to check the activity before and after bitcoin. The tourism sector increased, in November and December, more than 30%.