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World
June 9 2021 4:57pm

El Salvador 1st country to make Bitcoin legal tender

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. With 62 out of 84 possible votes, lawmakers voted in favor of the move on Tuesday to create a law to adopt Bitcoin, despite concern about the potential impact on El Salvador’s program with the International Monetary Fund.

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