
El Salvador Adopts Bitcoin As Legal Tender
Crypto enthusiasts have gotten something to cheer about as El Salvador yesterday adopted the Bitcoin cryptocurrency as legal tender becoming the first country in the world to do so in the process.
The adoption came after President Nayib Bukele’s proposals to embrace cryptocurrency were approved by congress.
Africa Daily News, New York understands that on Tuesday night, lawmakers voted in favour of the plan with 62 out of 84 possible votes.
The country’s president made the proposal at a Bitcoin conference over the weekend.
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The approval means that the cryptocurrency can …