El Salvador plans to adopt Bitcoin as legal currency

El Salvador is preparing to adopt Bitcoin as its national currency. The Central American country will be the first country to legally adopt cryptocurrency if the bill is passed. El Salvador President Nayip Bukele announced yesterday that he will present a bill to Congress next week to make Bitcoin the legal currency in the country. Digital currencies are seen as the currency of the future in some countries, including China, which is currently testing its own digital currencies.

 

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