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El Salvador becomes first country to adopt bitcoin as legal tender

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June 09, 2021 at 02:21PM

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Lawmakers voted in favor of President Nayib Bukele’s proposal despite concern about potential impact on program with the IMF

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.

Related: Salvadoran woman freed from prison nearly 10 years after abortion accusation

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