Article 5JVKM El Salvador becomes first country to adopt bitcoin as legal tender

El Salvador becomes first country to adopt bitcoin as legal tender

by
Sam Jones and Bryan Avelar in San Salvador and age
from Technology | The Guardian on (#5JVKM)

Lawmakers voted in favor of President Nayib Bukele's proposal as some experts call it political marketing'

El Salvador has become the first country in the world to adopt bitcoin as legal tender after its congress approved President Nayib Bukele's proposal to embrace the cryptocurrency in an effort to promote financial inclusion", investment and economic development.

Bukele, a media-savvy former mayor of the capital, San Salvador, who was elected president in a landslide victory two years ago, is known for his love of technology and his fondness for attention-grabbing stunts.

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