bitcoin
Bitcoin (BTC) $ 93,766.12 0.17%
ethereum
Ethereum (ETH) $ 1,801.72 2.51%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.23 0.34%
bnb
BNB (BNB) $ 607.01 1.38%
solana
Solana (SOL) $ 151.56 1.82%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.179198 0.58%
cardano
Cardano (ADA) $ 0.699665 2.52%
tron
TRON (TRX) $ 0.246505 0.48%
Blog

It’s Official: Bitcoin a Legal Tender in El Salvador Following a Supermajority Decision

The small country of El Salvador has moved forward with its plans and has done well on its word to accept Bitcoin as a legal tender.

  • The president of El Salvador, Nayib Bukele, has taken it to Twitter to share that the law which officially turns Bitcoin into a legal tender in the country has been passed by a supermajority decision.
  • In total, 62 out of 84 votes went in favor.
  • For those wondering – for bitcoin to be accepted as legal tender means that no one has the right to refuse BTC for payment.
  • Even though plenty of countries have many providers accepting BTC, El Salvador becomes the very first country to do so on a national level.
  • The move further legitimizes BTC as a currency, and many experts believe that it sets the tone for others to follow suit.
Related Posts
White-house-mulls-bitcoin-reserve-backed-by-gold-and-tariffs
Cryptocurrency News Feeds

White House Mulls Bitcoin Reserve Backed by Gold and Tariffs

According to Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets, the Trump administration is exploring the creation of a U.S. Bitcoin Reserve funded through alternative government revenue streams. Speaking in a recent White House interview with investor Anthony Pompliano, he revealed that officials are assessing the use of revenue from
After-buying-over-$1-billion-in-btc,-microstrategy-to-host-an-educational-bitcoin-conference
Cryptocurrency News Feeds

After Buying Over $1 Billion In BTC, MicroStrategy to Host an Educational Bitcoin Conference

The NASDAQ-listed business intelligence giant MicroStrategy will host an online conference to educate large organizations about the potential merits of investing in bitcoin. Called “Bitcoin for Corporations,” the initiative has also received support from other industry giants such as Gemini, Binance, Coinbase, Fidelity, Grayscale, and more. Bitcoin For Corporation Coming In February The company’s founder…
Opensea-crashes-following-bosslogic-nft-drop-via-ethernity
Cryptocurrency News Feeds

OpenSea Crashes Following BossLogic NFT Drop via Ethernity

The hype around non-fungible tokens (NFTs) continues to escalate as demand for primary sales is only growing higher. The last manifestation of this was earlier during the BossLogic NFT drop that took place on the OpenSea marketplace, causing it to essentially crash under the high traffic. OpenSea Crashes as Traffic Surges OpenSea, touted as the…
Cryptocurrency News Feeds

Bitfinex Warns of Bearish Signals as Bitcoin Continues to Consolidate

Recently, Bitcoin’s (BTC) price action has placed the asset in an established range. The leading cryptocurrency has maintained the $91,000-$102,000 even amid sustained geopolitical tensions. This consolidation phase has now extended over 81 days, keeping its price stagnant despite periods of volatility. While BTC continues to consolidate, analysts at the crypto exchange Bitfinex have identified
Loading data ...
Comparison
View chart compare
View table compare
Back To Top