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In 90 Days, All Businesses in El Salvador Must Accept Bitcoin Salvadorians will soon have the right to pay for goods, services, taxes, and more throughout the country.
Last updated on June 09, 2021
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions.
Bitcoin is now legal tender in El Salvador. President Nayib Bukele’s legislation to make Bitcoin an official currency has passed in Congress, meaning that it has equal status to the US Dollar in El Salvador. This has some interesting implications for the country, one of which being that, within 90 days, every business must accept Bitcoin – by law.