El Salvador

  • El Salvador is the first country to recognize bitcoin as a legal tender.

    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…