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El Salvador announces Bitcoin + AI national policy, treasury reserves exceed 7,500 coins
【ChainNews】El Salvador is integrating Bitcoin and artificial intelligence as a long-term national strategy. As of January this year, their treasury has accumulated 7,517 Bitcoins, with a reserve value exceeding $660 million at current prices.
The implementation plan is quite clear—leveraging abundant domestic geothermal energy to build data centers and AI industrial zones, providing tax exemptions for automation industries and decentralized financial services. In other words, they are using their energy advantage to create a dual engine for Web3 and AI.
It is worth noting that El Salvador recently passed a legal amendment, changing Bitcoin from a mandatory to a voluntary legal tender, while ensuring that taxes are still denominated in USD. This subtle policy adjustment unexpectedly gained support from the International Monetary Fund, which subsequently approved $1.4 billion in funding. This flexible policy stance seems to have opened the door to international financing.
On the education and technological cooperation front, El Salvador is also partnering with leading tech companies like xAI to promote AI-driven educational programs nationwide through the Genius Act initiative. This is not only an economic policy adjustment but also a step toward digital upgrading for society as a whole.