It's part of the former police captain's plan to turn his city into the "center of the cryptocurrency industry."
President Nayib Bukele said the digital wallet used for transactions was not functioning during the first few hours.
It is the largest penalty ever imposed by the Financial Industry Regulatory Authority.
The U.S. dollar is still the currency of reference, but anyone who invests three Bitcoin in the country -- currently about $105,000 -- will be entitled to permanent residency.
The operation to recover the cryptocurrency from Russia-based hacker group Darkside reflects an increasingly aggressive approach to deal with such threats.
Bitcoin’s gains have been fueled by signs it is gaining acceptance among mainstream investors and companies, from Tesla and Mastercard to BNY Mellon.
Kelly Harper was arrested after journalists investigating a murder-for-hire site on the dark web reported her alleged cryptocurrency offer to Wisconsin authorities.
Investigators are looking into possible mysterious foreign bitcoin payments to key extremist figures, NBC reported.
Officials say Graham Clark, 17, masterminded the hack of accounts belonging to people like Barack Obama, Elon Musk, Joe Biden and Jeff Bezos.
Barack Obama, Jeff Bezos, Kanye West, Michael Bloomberg, Apple and Uber were also targeted in the massive cryptocurrency scheme.
Researchers at the Technical University of Munich and MIT found the virtual currency is responsible for the same amount of carbon dioxide emissions as a large Western city.
An anonymous bitcoin wallet moving millions of dollars in cryptocurrency, according to one security researcher.
The state's treasurer said Monday that businesses can now pay for 23 different kinds of taxes with the cryptocurrency.
Bitcoin enthusiasts envision a world in which the entire economy runs on blockchain technology, allowing people to buy their
"Last Week Tonight" host breaks it all down.
There's always money in the Bananacoin stand.
50 Cent forgot he was paid in bitcoin for his 2014 album, and got a big bitcoin payout.
The latest tumble leaves bitcoin more than 40 percent down from the record highs of around $20,000 reached in mid-December, wiping about $130 billion from its “market cap."
We should hardly be surprised that Bitcoin is on a wild speculative ride—that’s the essence of privatized credit creation.