Cryptocurrency Q&A
When did bitcoin become legal in El Salvador?
When did bitcoin become legal in El Salvador?
DigitalDynastyGuard
Thu Jan 23 2025
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6
answers
1855
Bitcoin became legal in El Salvador on September 7th, 2021, when the Central American country with a population of 6.5 million people became the first to recognize the cryptocurrency as legal tender alongside the US dollar.
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6 answers
OliviaTaylor
Sat Jan 25 2025
With this move, El Salvador became the first nation in the world to embrace digital assets on such a scale.
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GeishaWhisper
Sat Jan 25 2025
On September 6, 2021, the Bukele-led government made a historic move by purchasing its first 200 Bitcoin.
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TimeRippleOcean
Sat Jan 25 2025
This purchase coincided with El Salvador's groundbreaking decision to adopt Bitcoin as legal tender.
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CryptoTitan
Sat Jan 25 2025
Prior to this, no country had ever recognized Bitcoin as a form of legal currency.
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SsamziegangSerenade
Fri Jan 24 2025
The total Bitcoin holdings of El Salvador have been carefully documented by the Bitcoin Office.
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