Yes! In June 2021, El Salvador became the first to recognize Bitcoin as an official form of currency and pledged to invest in its development. The government of El Salvador has taken steps to ensure that Bitcoin is used responsibly and safely, including guaranteeing citizens’ access to financial services, protecting consumers from fraud, and ensuring the legal certainty of transactions.
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Crypto assets are highly volatile and largely unregulated. There is no guarantee that any crypto asset will have at any time in the future certain value (if any) or market liquidity.
Crypto assets are at risk of losing substantial (or all) value within a short time period.
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