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New era in El Salvador: Bitcoin becomes a country's official payment instrument for the first time

El Salvador's president, Nayib Bukele, said the country had accepted Bitcoin as legal tender, a step he believed would create jobs and encourage financial participation.

Bukele announced that Congress, which has a majority of the Grand Alliance for National Unity (Ghana) party, passed the Bitcoin proposal with a yes vote of 62 out of 84 votes.


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