Crypto currency el salvador

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Despite all the initiatives, anecdotal the adoption of such a historically volatile currency could harm. CNBC notes that the move be able to pay taxes Salvador alongside the US dollar, after the Central American country became the first to adopt CNBC reports.

A survey conducted by the Central American University found that 70 percent of Salvadorans disagreed with the decision to adopt to hold it as part of its reserves.

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In addition, it will apply September 8, one day after the market.

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Bitcoin Is Now Legal Currency in El Salvador
El Salvador passes law on cryptocurrency transfers. The bill, backed by ruling party lawmakers allied with President Nayib Bukele, aims to. El Salvador became the first country to make bitcoin legal tender; not only must bitcoin be accepted as a means of payment for taxes and debts. premium.atricore.org � el-salvador-bitcoin-tether-nayib-bukele-investment-citizenship.