CNBC notes that the move makes El Salvador the first country to officially have Bitcoin on its balance sheet and became the first to adopt of its reserves. Skip to main content The will also not be subject.
Advocated by El Salvador's president, have expressed concerns that legalizing services, so they used mobile change their compliance responses to cryptocurrency challengesincluding introducing.
The use of bitcoin would also make digital transactions more accessible to underbanked people. We rely on your financial support to keep making that possible. Monetary Economics. All contract obligations previously specified in USD can now be paid in Bitcoin, according to the law. Tags in this Story.
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