Tag: El Salvador

  • Breaking: Bitcoin Becomes Legal Tender in El Salvador

    Breaking: Bitcoin Becomes Legal Tender in El Salvador

    El Salvador on Tuesday became the first country to embrace bitcoin as legal tender, with consumer demand crashing its brand-new cyber “wallet” system even as the currency’s value seesawed against the US dollar. Under the initiative of President Nayib Bukele, Salvadoran consumers can now legally use bitcoin — along with the US dollar which has…