El Salvador Bets on Bitcoin: A Boost for Tourism in LATAM
El Salvador’s tourism industry is thriving, with a nearly 22% increase in visitors in 2024, thanks to government efforts to improve safety and combat crime.
A report by Santander U.S. Capital Markets highlights bitcoin as a key driver, attracting U.S. tourists curious about its use in everyday transactions. Popular destinations like Bitcoin Beach showcase this crypto-friendly environment.
President Nayib Bukele credits bitcoin and surfing for the tourism surge and plans to continue leveraging BTC to attract travelers. The U.S. dollar as El Salvador’s official currency also eases travel for international visitors.
Clever Robot News Desk 14th January 2025
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