El Salvador makes history: Embracing cryptocurrency as legal tender
zeroX
Jul 2
El Salvador has recently become the first country in the world to make cryptocurrency legal tender. This monumental decision is a major step forward for the cryptocurrency industry and could lead to other countries following suit. The move was spearheaded by El Salvador's President, Nayib Bukele, who is an avid supporter of Bitcoin. He has proposed to adopt the cryptocurrency as legal tender and also to introduce tax incentives to encourage the use of Bitcoin. This is a radical move that...
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