el salvador becomes first country to make bitcoin legal tender

The Central American country of El Salvador had approved the use of the cryptocurrency Bitcoin as legal tender in the country in June. Bitcoin has started to be used as a legal tender in the country as of today. In addition to being the first country to make Bitcoin a legal tender, El Salvador has become the first country to officially recognize a cryptocurrency. With the aforementioned development, Bitcoin prices increased by 1.49 percent and rose above $ 52,680.