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what happened el bitcoin legal currency

Last Updated on November 25, 2023 by Paganoto

IMF urges El Salvador to remove Bitcoin as legal tender – BBC

IMF urges El Salvador to remove Bitcoin as legal tender – BBC

In September, El Salvador became the first country to allow consumers to use the cryptocurrency in all transactions, alongside the US dollar. The decision led to large-scale protests over fears it would bring instability and inflation to the impoverished Latin American country.Jan 26, 2022

Bitcoin Is Now Legal Tender In El Salvador – NPR

Bitcoin Is Now Legal Tender In El Salvador – NPR

El Salvador Just Became The First Country To Accept Bitcoin As Legal Tender. Facebook; Twitter; Flipboard; Email.

In Global First, El Salvador Adopts Bitcoin as Currency

In Global First, El Salvador Adopts Bitcoin as Currency

MEXICO CITY — El Salvador on Tuesday became the first country to adopt Bitcoin as legal tender, allowing the cryptocurrency to be used in any …

Central African Republic adopts bitcoin as legal tender – CNBC

Central African Republic adopts bitcoin as legal tender – CNBC

Bitcoin will now be considered legal tender in the Central African Republic.

El Salvador's adoption of bitcoin as legal tender is pure folly

El Salvador's adoption of bitcoin as legal tender is pure folly

El Salvador already accepted this when it adopted the dollar. The costs would be even greater if a currency as unstable as bitcoin were the sole …

El Salvador Botches Bitcoin Adoption – Foreign Policy

El Salvador Botches Bitcoin Adoption – Foreign Policy

On June 5, El Salvador President Nayib Bukele declared that bitcoin, the first cryptocurrency, would become legal tender in El Salvador.

El Salvador's law: a meaningful test for Bitcoin – PwC

El Salvador's law: a meaningful test for Bitcoin – PwC

On June 9th, 2021, El Salvador’s government published in the official gazette the legislation making the digital currency Bitcoin legal tender within the …

Will other countries adopt Bitcoin as legal tender?

Will other countries adopt Bitcoin as legal tender?

El Salvador has officially adopted Bitcoin as legal tender. · A recent poll by YouGov has shown that that 27% of US residents supported the idea …

Six months in, El Salvador's bitcoin gamble is crumbling

Six months in, El Salvador's bitcoin gamble is crumbling

The law made El Salvador the first country to accept Bitcoin as legal tender and required businesses to accept it as payment.

Bitcoin is now legal currency in El Salvador — but its rollout …

Bitcoin is now legal currency in El Salvador — but its rollout …

Bitcoin can now be used as a legal tender for any business that can support and process transactions with it, months after the Latin American …