Jesús Fernández-Villaverde | American Enterprise Institute aei.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aei.org Daily Mail and Mail on Sunday newspapers.
In June of this year, the El Salvador Congress voted in favor of President Nayib Bukele’s proposal to make Bitcoin legal tender in the country. It became the first and still the only country to officially adopt the cryptocurrency as legal tender alongside the U.S. dollar. Cryptocurrency use is growing in retail stores, from Starbucks and AMC movie theaters to Overstock and Home Depot. For parishioners who might carry less cash, a growing number of churches accept Bitcoin in their offering plates. In addition, Venmo, PayPal, and Cash App have added cryptocurrency purchasing to their payment services, expanding the reachIn June of this year, the El Salvador Congress voted in favor of President Nayib Bukele’s proposal to make Bitcoin legal tender in the country. It became the first and still the only country to officially adopt the cryptocurrency as legal tender alongside the U.S. dollar. Cryptocurrency use is growing in retail stores, from Starbucks ► The FINANCIAL Finance
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