COINDESK DAILY: El Salvador and Bhutan's Bitcoin Retreat; MicroStrategy Buys $2B BTC
Description
Host Christine Lee breaks down the latest news in the crypto industry from El Salvador's bitcoin retreat to MicroStrategy's BTC bag.
El Salvador is reportedly in talks to scale back its use of bitcoin as legal tender and a reserve asset to secure a $1.3 billion dollar loan from the IMF. Plus, Bhutan sent over 400 BTC to crypto trading firm QCP Capital and MicroStrategy purchases another 21,550 BTC worth over $2 billion dollars. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
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