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El Salvador Seeks To Adopt Bitcoin As Legal Tender

Ben Zeisloft
El Salvador Seeks To Adopt Bitcoin As Legal Tender
Dan Kitwood/Getty Images

El Salvador is attempting to become the first nation to use bitcoin as legal tender.

President Nayib Bukele announced that he would submit a bill to the Salvadoran legislature — which his “Nuevas Ideas” party presently controls — to make the cryptocurrency a valid medium of exchange in the small Central American nation.

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