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El Salvador has become the first country in the world to adopt a cryptocurrency as legal tender.
Its congress approved a law allowing Bitcoin to be used for everyday transactions.
Supporters of the measure say the new law represents a vote of confidence in using blockchain technology to bring informal sector workers into a 21st century economy.
Al Jazeera’s Manuel Rapalo reports.
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#ElSalvador #Bitcoin #BitcoinLaw
Its congress approved a law allowing Bitcoin to be used for everyday transactions.
Supporters of the measure say the new law represents a vote of confidence in using blockchain technology to bring informal sector workers into a 21st century economy.
Al Jazeera’s Manuel Rapalo reports.
- Follow us on Twitter: https://twitter.com/AJEnglish/
- Find us on Facebook: https://www.facebook.com/aljazeera/
- Check our website: https://www.aljazeera.com/
#ElSalvador #Bitcoin #BitcoinLaw
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- Aljazeera, El Salvador, El Salvador bitcoin law
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