El Salvador approves law to make bitcoin legal tender ...United Arab Emirates

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El Salvador approves law to make bitcoin legal tender
San Salvador: The Congress of El Salvador has approved a law that will classify Bitcoin as legal tender in the Central American country, its president said, making it the world's first nation to adopt a cryptocurrency. "The #BitcoinLaw has just been approved by a qualified majority" in the legislative assembly, President Nayib Bukele tweeted after the vote late Tuesday. "History!" the president added. He said a majority of 62 out of 84 lawmakers approved the bill, which he proposed last week. The law passed with the support of Bukele's allies despite minority opposition parties - who had criticised the speed of the vote - refusing to back it. Before the vote, Bukele said adopting the crypto

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