El Salvador becomes first country to adopt bitcoin as legal tender

Finance
  • 09 June, 2021
  • 10:39
El Salvador becomes first country to adopt bitcoin as legal tender

El Salvador has approved a proposal from President Nayib Bukele last week for a law to classify Bitcoin as legal tender, making the Central American nation the first in the world to do so, Report informs, referring to Al Jazeera.

A majority of 62 out of 84 lawmakers approved the bill.