If the current price of the digital currency at 14:53 ($ 51,923.8) is taken into account, the Government would have paid $ 10,300,000.
Through a tweet, President Nayib Bukele assured that the Government has already bought the first 200 Bitcoin coins, which if you consider the price at 14:58 this Monday ($ 51,923.8), means a disbursement of $ 10.3 million of public funds for this measure.
The purchase is announced a day before the Bitcoin Act comes into force, which has been widely rejected by the population and by international financial bodies as a measure that will affect the national economy.
According to Bukele’s tweet, government brokers “will buy much more as the deadline approaches.”
The price of Bitcoin on Monday has exceeded $ 50,000, the highest in recent months, if you consider that it fell to $ 36,000 two months ago.
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The funds would have come from a $ 150 million Trust approved by the Legislature last week, though the president has not confirmed the figure.
As of September 7, Bitcoin, a speculative virtual asset, will be considered a legal tender in El Salvador.
The legal adviser to the Presidency, Javier Argueta, said on Monday that it will be mandatory for businesses to accept transactions with this digital currency, a statement that contradicts what Bukele and other officials have said, according to them, accepting Bitcoin will be optional.