Bitcoin: El Salvador becomes the first country to legalize cryptocurrency

El Salvador Congress on June 9 approved a bill to make bitcoin, the world’s largest cryptocurrency, the legal currency of the country. This Central American country has become the first country in the world to declare bitcoin a legal currency.

El Salvador President Nayib Bukele further said that the US dollar will continue to be the legal currency in the country as before and the use of bitcoin will be optional.

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