From El Salvador to El Dorado — Bukele benefits from Bitcoin
From El Salvador to El Dorado — Bukele benefits from Bitcoin — — -Brussels (Brussels Morning) As of September 2021, it is officially possible to pay with Bitcoin in El Salvador. On the basis of a new law President Nayib Bukele pushed through in a very short time, Bitcoin has become the country’s legal tender.
Businesses in the country are required to accept Bitcoin for all payments. With this approach, the Salvadorean government seeks to promote financial inclusion by addressing the 70% of Salvadorans who do not have a bank account.