El Salvador makes bitcoin legal tender in a world first ...Qatar

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El Salvador makes bitcoin legal tender in a world first
• Bitcoin legal tender bill passes El Salvador Congress • Will become legal tender in 90 days • Prices can be expressed, taxes paid in bitcoin El Salvador has become the first country in the world to adopt bitcoin as legal tender after Congress approved President Nayib Bukele’s proposal to embrace the cryptocurrency. With 62 out of 84 possible votes, lawmakers voted in favour of the move to create a law to adopt bitcoin, despite concern about the potential impact on El Salvador’s programme with the International Monetary Fund. Bukele has touted the use of bitcoin for its potential to help Salvadorans living abroad to send remittances back home, while saying the US dollar will also continue

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