Browsing: legal tender
In 2021, cryptocurrency adoption around the world has significantly increased. The global trend is marching towards regulating digital currency.
The IMF warns that Crypto can pose significant risks, claiming to be closely following the events of making Bitcoin adoption a legal tender, that is taking place in El Salvador, and it is potentially damaging negotiations.
The Legislative Assembly of El Salvador approvess the Bitcoin Law with a qualified majority, becoming the first country in the world to give legal tender to the first cryptocurrency.