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El Salvador To Make Bitcoin Legal Tender

Stock image: David McBee/Pexels

Comes into effect today

El Salvador is the first country in the world to make Bitcoin legal tender.

A law was passed in the Central American country three months ago - and comes into effect today.

If the experiment is a success other Central and South American nations will follow.

El Salvador continues to use US dollars as the country's official currency.

 

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