Bitcoin may become legal tender in El Salvador

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.

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