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Latam Insights: El Salvador Buys the Dip, Brazil Tightens Crypto Tax Rules
23.11.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, El Salvador buys nearly 1,100 BTC as prices plunge, Brazil implements new rules for cryptocurrency tax reporting, and the Argentine Congress releases a damning...
El Salvador Buys the Dip: Adds Nearly 1,100 BTC to Its Strategic Reserve
18.11.2025
El Salvador added nearly 1,100 BTC to its reserves over the past seven days, taking advantage of low prices from the recent market downturn. Bukele reported the purchases on social media and celebrated the development, but the move raises concerns about compliance with the IMF agreement....
El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months
23.1.2022
El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador...
El Salvador Buys 100 More Bitcoins Amid Crypto Sell-Offs and New Covid-19 Variant Scare
28.11.2021
As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more bitcoins to its treasury despite a recent warning by the International Monetary Fund (IMF), bringing the total number of bitcoins purchased to 1,220....
El Salvador Buys More Bitcoin — Country Now Holds 700 BTC
20.9.2021
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has purchased more bitcoin. The Salvadoran government now holds 700 coins, according to President Nayib Bukele. El Salvador Buys the Dip El Salvador’s president, Nayib Bukele, announced early Monday morning...
El Salvador buys the dip as Bitcoin Law goes live, 101 Bored Ape NFTs sold for $24M, Ukraine passes crypto legislation: Hodler’s Digest, Sept. 5-11
11.9.2021
First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country’s BTC Stash Grows
8.9.2021
Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin Law taking effect. On Tuesday, President Nayib Bukele said El Salvador bought the dip. El Salvador Buys...
El Salvador buys the dip as Bitcoin price flash crashes to $42.9K
7.9.2021
Volatility returned to the cryptocurrency market in a ‘buy the rumor, sell the fact’ scenario for Bitcoin. El Salvador appears unfazed as President Nayib Bukele bought the dip