Bitcoin skyrocket's tourism for El Salvador while US representatives aim to mitigate risks
El Salvador's Bitcoin adoption was probably one of the biggest and most controversial issues for lawmakers and crypto enthusiasts across the world. In the line of this event, El Salvador's Tourism Minister confirmed that this decision from the country's President has increased tourism in the nation by nearly 30% during an interview with the local media. On the other hand, US representatives believe that this is a risky business.
Surge in tourism following Bitcoin adoption
There has been a surge in tourism following the Bitcoin adoption by El Salvador, as per Tourism Minster Morena Valdez, who pointed out that "El Salvador is proving to be a good destination to visit, to invest in, and to live in."The Minister also revealed:
Tourists interested in the implementation of bitcoin have a longer stay and a larger expense. Before bitcoin there was a daily expenditure of $113 to $150, now it is up to $200 a day.She also pointed out that the nation "has projected the visit of more than 170,000 people, approaching the flows of the year 2019" for the Easter holidays. "This is equivalent to $161 million in foreign currency,” she further added.
New House Bill to mitigate the risks
While the Tourism Minister's statements radiate positivity, two US representatives, Norma Torres (D-Calif.) and Rick Crawford (R-Ark.) have introduced a new House Bill with the goal of mitigating "the risks to the United States of El Salvador’s adoption of Bitcoin as legal currency." This new Bill promotes the establishment of something called 'Accountability for Cryptocurrency in El Salvador' or the ACES Act.This Bill was introduced as companion legislation to another Senate Bill which was introduced in the month of February by Senators Jim Risch (R-Idaho), Bob Menendez (D-N.J.), ranking member and chairman of the Senate Foreign Relations Committee, and Bill Cassidy (R-La.). This Bill was also released with the aim of mitigating the risks following Bitcoin adoption in El Salvador.
Torres also stated in his press release:
El Salvador is an independent democracy and we respect its right to self-govern, but the United States must have a plan in place to protect our financial systems from the risks of this decision, which appears to be a careless gamble rather than a thoughtful embrace of innovation
Continue reading by joining Cryptonary Pro
$1,548 $997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
24/7 access to experts with 50+ years’ experience Terms
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
Recommended from Cryptonary
