Women buy at a store at El Zonte Beach in Chiltiupan, El Salvador June 10, 2021. Picture taken June 10, 2021. REUTERS/Jose Cabezas/Files
SAN SALVADOR, June 24 (Reuters) – 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. read more
Reporting by Nelson Renteria in San Salvador; Writing by Anthony Esposito; Editing by Christian Schmollinger
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