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21 June 2021

El Salvador Approves the "Bitcoin Law" Giving BTC Status as Legal Tender - Decrypt

El Salvador Approves the "Bitcoin Law" Giving BTC Status as Legal Tender - Decrypt


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El Salvador Approves the "Bitcoin Law" Giving BTC Status as Legal Tender.

The legislative instrument gives Bitcoin the status of legal tender of mandatory acceptance throughout the national territory.

With this, El Salvador becomes the first country in the world to recognize Bitcoin as legal tender and the period for all institutions in the country to adapt to a new era in which Bitcoin circulates as currency among Salvadorans begins.

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