El Salvador launches transparent Bitcoin investment data platform

El Salvador, the world’s first country to use Bitcoin as legal tender, has launched its own platform that provides public access to BTC investment data via a personalized mempool. El Salvador’s latest move establishes a new benchmark for financial transparency in government operations. It also validated the much-hyped concept of an immutable public ledger, which has long been advocated by Bitcoin and cryptocurrency aficionados. According to the most recent mempool data, El Salvador presently possesses 5,748.76 BTC, worth more than $352.8 million. The purchase is part of President Nayib Bukele’s Dollar Cost Averaging (DCA) policy, which was announced in November 2022.

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