Future Tech

Bitcoin to become legal tender in El Salvador on Sept 7

Tan KW
Publish date: Fri, 25 Jun 2021, 11:19 AM
Tan KW
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Future Tech

SAN SALVADOR - El Salvador's President Nayib Bukele said in a national address on Thursday that a recently passed law making bitcoin legal tender will take effect on Sept. 7.

El Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.

 


  - Reuters

 

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