El Salvador approves law to make bitcoin legal tender

CGTN

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El Salvador has approved a law that will classify Bitcoin as legal tender in the Latin American country, its president announced, making it the world's first nation to adopt a cryptocurrency.

"The #BitcoinLaw has just been approved by a qualified majority" in the legislative assembly, President Nayib Bukele – who proposed the law – tweeted after the vote late Tuesday.

Source(s): AFP