El Salvador is likely to become the first country to make Bitcoin legal tender. The plans were shared by the President of El Salvador Nayib Bukele.
“In the near future, I am going to send a bill to Our elected representatives that will make BTC legitimate tender” Bukele stated in a video clip shot for the Bitcoin 2021 summit.
The President is confident that he will be able to create new jobs in a short time. In addition, the legalization of cryptocurrency, according to Bukele, will provide access to financial investments for many citizens.