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Tuesday

22 June 2021

El Salvador Passes Vote to Adopt Bitcoin as Legal Tender | Crypto Briefing

El Salvador Passes Vote to Adopt Bitcoin as Legal Tender | Crypto Briefing


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A significant majority of El Salvador’s Legislative Assembly has approved the Bitcoin Law proposed by President Nayib Bukele.

President Bukele introduced the “Bitcoin Law” to El Salvador’s Congress Tuesday night, before announcing to his Twitter followers that 62 out of 84 lawmakers in El Salvador’s most powerful political authority had agreed to adopt the first cryptocurrency as legal tender.

El Salvador’s move to adopt Bitcoin as legal tender has been described as one of the most significant events in Bitcoin’s history

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