Bitcoin News Today: El Salvador’s $760M Bitcoin Reserve Fails to Curb Rising Costs, NGO Warns
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最新报道：El Salvador's $760 million Bitcoin reserve, accumulated since adopting BTC as legal tender in 2021, has failed to curb rising living costs, according to a report by local NGO Fundación Salvadoreña para el Desarrollo Económico y Social (FUSADES). The study found that inflation in the country remains high despite the government's crypto strategy, with food prices increasing by 15.4% in 2023. FUSADES warns that the Bitcoin holdings, equivalent to 2.8% of GDP, expose public finances to high volatility risks. President Nayib Bukele's administration continues to defend the policy, citing long-term benefits, while critics argue it has not delivered promised economic relief.
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