Bitcoin rises as El Salvador set make it legal tender on 7 September

search June 25, 2021 Yahoo News Leave a comment 20 Views

The Central American country plans to use bitcoin as a parallel legal tender alongside the US dollar, which has also been touted as a remittance currency for Salvadorans overseas. Photo: Jose Cabezas/Reuters

The Central American country plans to use bitcoin as a parallel legal tender alongside the US dollar, which has also been touted as a remittance currency for Salvadorans overseas. Photo: Jose Cabezas/Reuters

The price of Bitcoin (BTC-USD) rose for a third consecutive day on Friday after El Salvador revealed that it would officiate the cryptocurrency as legal tender on 7 September.

The Central American country plans to use bitcoin as a parallel legal tender alongside the US dollar, which has…


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