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Cryptocurrency : El Salvador would adopt Bitcoin as legal tender

Nayib Bukele, President of El Salvador, introduced this Saturday, June 5, that he’ll introduce laws subsequent week to acknowledge bitcoin as legal tender within the nation. This locations the Central American nation on the forefront of the world as one of many first international locations on this planet to acknowledge bitcoin as cash.

Within the framework of the Bitcoin 2021 convention, a video of the Salvadoran president giving the information was projected. “Subsequent week I’ll ship to Congress a invoice that may make bitcoin a legal tender in El Salvador,” stated Bukele, including that this may assist generate jobs and create monetary inclusion for hundreds of unbanked individuals within the nation.

President of El Salvador, Nayib Bukele, declares the adoption of Bitcoin as legal tender in El Salvador. Supply: Bitcoin 2021.

(Information in growth)

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