Bitcoin price slumps as El Salvador makes it legal currency | The Business

ABC News (Australia) published this video item, entitled “Bitcoin price slumps as El Salvador makes it legal currency | The Business” – below is their description.

Caroline Bowler from BTC Markets claims there is a new case for crypto after El Salvador adopts the currency as its legal tender. She says it’s vital Australia properly explores the potential for digital assets and stable coins.

ABC News (Australia) YouTube Channel

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About This Source - ABC News (Australia)

The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.

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In This Story: El Salvador

El Salvador, officially the Republic of El Salvador (Spanish: República de El Salvador, literally “Republic of The Saviour”), is a country in Central America. El Salvador’s capital and largest city is San Salvador.

The colón, the currency of El Salvador since 1892, was replaced by the United States dollar in 2001.

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