Cryptocurrency
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El Salvador is the first country to recognize bitcoin as a legal tender.
El Salvador became the world’s first country to adopt bitcoin as legal cash on Wednesday. Following a bill that legitimized cryptocurrencies as currency, President Nayib Bukele stated that the Central American nation will legally recognize it. According to the law, 70% of El Salvador’s population lacks access to traditional financial services, therefore the decision to…
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Opinion: Bitcoin Still Straining For Legitimacy
The status of bitcoin in Tibet has been interesting for the last few years. As cryptocurrency became a bigger phenomenon around the world, there was talk of it becoming particularly popular in Tibet and parts of China. The Washington Post, for that matter, even discussed Tibet as a hub for bitcoin mining, which is basically…