El salvador adopts bitcoin

el salvador adopts bitcoin

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Skip to main content The Verge The Verge logo to capital gains tax. CNBC notes that the move makes El Salvador salvaodr first Salvador alongside the US dollar, on its balance sheet and became the first to adopt the cryptocurrency as legal tender. Despite all the initiatives, anecdotal evidence suggests that few businesses are ready for the change.

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El Salvador Bitcoin experiment hits two-year milestone
El Salvador became the first country to accept Bitcoin as legal tender. Now it's offering citizenship for a $1 million 'investment'. BYLeo. In September , El Salvador became the first country to make bitcoin legal tender, requiring all businesses to accept the cryptocurrency. President Nayib Bukele has promoted the cryptocurrency as a path to financial freedom, but economic experts and many Salvadorans worry the.
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  • el salvador adopts bitcoin
    account_circle Gule
    calendar_month 28.02.2021
    In it something is. Many thanks for the information, now I will not commit such error.
  • el salvador adopts bitcoin
    account_circle Kazihn
    calendar_month 04.03.2021
    I join. I agree with told all above. We can communicate on this theme.
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Just a few years ago, El Salvador was one of the most dangerous countries in the world. On June 9, , the Legislative Assembly of El Salvador voted to adopt the Bitcoin Law , that would make the cryptocurrency legal tender in the country, with a majority vote of 62 of the 84 deputies in favor. I n September , El Salvador became the first country to make bitcoin legal tender, requiring all businesses to accept the cryptocurrency.