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Uncertainty looms in El Salvador ahead of Bitcoin's adoption

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Uncertainty looms in El Salvador ahead of Bitcoin's adoption

timestampSep 04, 2021 authorAlShorts Web Desk

Uncertainty is rising in El Salvador as the country prepares to be the first in the world to recognise Bitcoin as a legal tender on 7 September. Polls suggested Salvadorians are ill-prepared for the move. The World Bank has also has warned against the adoption of cryptocurrency. Analysts said it is an "attention-seeking move" from an "authoritative regime".

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