EL SALVADOR ADOPTS BITCOIN CURRENCY
Aug 02, 2021
2 minutes
Bitcoin is now legal tender currency in El Salvador. The El Financiero newspaper declared on June 9 that the Central American country is the first country to officially adopt an external cryptocurrency. It should be noted Venezuela introduced the petro as the world’s first state cryptocurrency several years earlier.
El Salvador dropped its colón denominated domestic currency in favor of the U.S. dollar in 2001. The dollar will
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