El Salvador becomes first country to make bitcoin legal tender

El Salvador becomes first country to make bitcoin legal tender

Bitcoin: El Salvador becomes first country to make bitcoin legal tender

Arab News says El Salvador became the first country in the world to adopt bitcoin as legal tender after Congress on Wednesday approved President Nayib Bukele’s proposal to embrace the cryptocurrency, a move that delighted the currency’s supporters.

With 62 out of 84 possible votes, lawmakers voted in favour of the move to create a law to adopt bitcoin, despite concern about the potential impact on El Salvador’s program with the International Monetary Fund.


https://www.arabnews.com/node/1873866/business-economy

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