El Salvador President bats for Bitcoin as legal tender
Updated:
Updated:
June 06, 2021 14:10 IST
“In the short term, this will generate jobs and help provide financial inclusion to thousands outside the formal economy...” Nayib Bukele said.
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El Salvador President Nayib Bukele speaks during a news conference in San Salvador, El Salvador, June 6, 2021.
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Reuters
“In the short term, this will generate jobs and help provide financial inclusion to thousands outside the formal economy...” Nayib Bukele said.
El Salvador President Nayib Bukele announced in a recorded message played at a Bitcoin conference in Miami June 6 that next week he will send a proposed legislation to the country’s congress that would make the cryptocurrency legal tender in the Central American nation.