Nayib Bukele

Championed El Salvador's 2021 Bitcoin Law, the world's first bitcoin legal-tender adoption

2 entries

Event September 7, 2021 Added July 28, 2026 Updated September 13, 2026 Article

El Salvador becomes the first country to make bitcoin legal tender (September 7, 2021)

Bitcoin Institute ↔ Nayib Bukele

El Salvador's Bitcoin Law took effect on September 7, 2021, requiring merchants nationwide to accept bitcoin and launching the government's Chivo wallet with a $30 sign-up incentive.

Event January 30, 2025 Added July 28, 2026 Updated August 25, 2026 Article

El Salvador ends mandatory bitcoin acceptance under a $1.4B IMF deal — and keeps buying anyway

Bitcoin Institute ↔ Nayib Bukele

El Salvador's legislature voted 55-2 to end mandatory bitcoin acceptance under a $1.4B IMF deal that also capped public-sector bitcoin buying at zero — a line the government kept testing anyway.