El Salvador now holds $400 million in its "public wallet alone," President Nayib Bukele said in an interview with TIME.

• Bitcoin brought "branding, investments and tourism" to El Salvador, President Bukele said in a TIME Magazine interview.
• The crypto, though, hasn't yet enjoyed the "widespread adoption" in the country as hoped for, he added.
• Under Bukele, El Salvador adopted bitcoin as legal tender and started purchasing it as a treasury asset in 2021.

FOR MORE DETAILS PLEASE CLICK HERE