El Salvador

El Salvador Adopts Bitcoin As legal Tender

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.

Read Also: Most Cryptocurrency Transactions Are Illegitimate – Emefiele

The approval means that the cryptocurrency can …

Salvador EL Savador President Calls For Prayers Against COVID-19

EL Savador President Calls For Prayers Against COVID-19

El Salvador President Nayib Bukele has called on citizens to pray collectively for the end of the novel coronavirus pandemic on Sunday.

Believers should join in prayer in their homes at 2 p.m. local time (2000 GMT), the president said on Facebook on Friday.

Salvadorans will ask God to “heal our land and allow us to defeat the pandemic which is battering the whole world,” Bukele said.

The National Prayer Day was instituted through a presidential decree, Bukele said, but added that the prayers were “voluntary” in the predominantly Roman Catholic country.

El Salvador has confirmed 1,725 COVID-19 infections and …