El Salvador's bet could be putting the country in peril as its holdings have already lost $40m in amid a cryptocurrency rout.The losses - equal to the Central American country's next bond payment - come amid a so-called 'crypto winter' and the president's plans to build a volcano-powered 'crypto city' to mine bit coin.President Nayib Bukele announced in September that El Salvador would become the first country in the world to accept Bitcoins as legal tender and forked out $105 million on the digital currency.
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