Bitcoin to become legal tender in El Salvador on September 7

| Reuters | Jun 25, 2021, 08:06 IST

El Salvador's President Nayib Bukele said in a national address o... Read More

SAN SALVADOR:

El Salvador

's President

Nayib Bukele

said in a national address on Thursday that a recently passed law making bitcoin

legal tender

will take effect on September 7.

Tired of too many ads?go ad free now

El Salvador's Congress on June 9 approved Bukele's proposal to embrace the cryptocurrency, making El Salvador the first country in the world to adopt bitcoin as legal tender.

Ready to Master Stock Valuation? ET’s Workshop is just around the corner!

Start a Conversation

Post comment

Popular from Business

Ambani and Adani drop out of $100 billion club
Taxpayers take note! Income Tax department recovers Rs 37,000 crore from individuals not filing returns despite taxable income
Companies bring 'pet leave', 'live band days' for Gen Z staff
In a first, Indian services exports to outstrip goods
Sukanya Samriddhi Yojana: How to get over Rs 70 lakh corpus from SSY account - check calculator, tax benefits & more details - top facts

More News

Follow Us On Social Media

end of article