El Salvador approves Bitcoin as legal tender

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The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

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  • Al Jazeera English published this video item, entitled “El Salvador approves Bitcoin as legal tender” – below is their description.

    El Salvador has become the first country in the world to adopt a cryptocurrency as legal tender.

    Its congress approved a law allowing Bitcoin to be used for everyday transactions.

    Supporters of the measure say the new law represents a vote of confidence in using blockchain technology to bring informal sector workers into a 21st century economy.

    Al Jazeera’s Manuel Rapalo reports.

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    #ElSalvador #Bitcoin #BitcoinLaw

    Al Jazeera English YouTube Channel

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