El Salvador Reports 30% Tourism Increase After Bitcoin Adoption

With many visitors coming from the USA.

Tech
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El Salvador‘s proliferation of Bitcoin use has been turning positive results.

The country’s Minister of Tourism Minister, Morena Valdez, has revealed that the tourism sector has grown 30 percent — with many of the visitors coming from the United States. “We did a poll to check the activity according to the before and after of Bitcoin. The tourism sector increased in November and December. This increased by more than 30%,” commented Valdez.

On average, visitors have also been spending more, as prior to the actual data, it was estimated that profits from tourism would total $800,000 USD from the adoption of BTC, but the Ministry reported figures were closer to $1.4 million USD.

In other tech news, Bored Ape owner sues OpenSea for $1 million USD over “stolen” NFT.

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