Bitcoin now legal tender in El Salvador

Sep 07, 2021 AlShorts Web Desk

El Salvador has become the first country in the world to adopt Bitcoin as legal tender. "El Salvador has just bought its first 200 coins. Our brokers will be buying a lot more as the deadline approaches," El Salvador President Nayib Bukele tweeted. The move is said to help the country save some USD400 million in fees on remittances sent home from abroad every year.