Gang Violence In El Salvador Overshadows Crypto Ambitions Following 62 Killings In 24 Hours

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Gang Violence In El Salvador Overshadows Crypto Ambitions Following 62 Killings In 24 Hours

El Salvador is the first country to have adopted the cryptocurrency, Bitcoin, as its legal tender.


However, the nation is faced with a state of emergency after a spike in murders on the streets last weekend.


On Saturday alone, 62 killings were reported, most of them gang-related. It is the most violent day in the history of the country in the last 30 years.


Emergency measures were put in place for 30 days, restricting the public's right to gather.


Arrests without a warrant have also been implemented and the country announced that it will likely monitor private communications.


The nation's President, Nayib Bukele, stated that for the majority of citizens, 'life will go on as normal' and that the new measured will be exercised when necessary. Sporting events and religious services will remain unaffected and shops and educational institutions will keep operating.


The President stressed that only gang members should be worried about the state of emergency.


Security in prisons has increased and inmates are not allowed to go outside.


Bukele's office has reported that a number of arrests regarding the murders have already been made and that these mainly involve gang members.


[Based on reporting by: CoinMarketCap]


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Thinking Humanity: Gang Violence In El Salvador Overshadows Crypto Ambitions Following 62 Killings In 24 Hours
Gang Violence In El Salvador Overshadows Crypto Ambitions Following 62 Killings In 24 Hours
El Salvador was the first country to adopt the cryptocurrency, Bitcoin, as its legal tender. However, the nation was faced with a state of emergency
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