El Salvador, the first country to adopt Bitcoin (BTC) as legal tender, has recently taken a huge step to safeguard its national BTC holdings.
They’ve moved their entire national reserve of about 6,250 BTC from a single wallet to 14 separate wallet addresses.
The National Bitcoin Office (ONBTC) framed the move as a “quantum risk mitigation” measure to future-proof El Salvador’s holdings against advances in computing.
Most industry experts believe that the threat of quantum computers cracking Bitcoin’s encryption is largely theoretical for now.
But El Salvador’s forward-thinking move shows priority for keeping crypto safe in the long term.
Could this move also influence how other countries choose to secure their own crypto reserves going forward?
El Salvador Bitcoin Reserve Across Wallets to Boost Security
Up until this week, El Salvador had kept its entire strategic Bitcoin reserve in a single public Bitcoin address.
But the government has opted for a new approa
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