Deutsche Welle: El Salvador takes risks for Chinese investments

Deutsche Welle: El Salvador takes risks for Chinese investments. “This week, FTX, one of the largest cryptocurrency exchange platforms in the world, announced it had filed for bankruptcy. The news caused a sharp drop in the price of bitcoin over the past days — and caused all eyes to turn to El Salvador. The president of the Central American nation, Nayib Bukele, made bitcoin legal tender in 2021 and also invested a large part of the country’s fiscal reserves in it.”

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