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Bitcoin is now legal tender in El Salvador

September 8, 2021

El Salvador is the first country to accept Bitcoin as legal tender, despite widespread domestic skepticism and international warnings of risks for consumers. President Nayib Bukele says the move will give many Salvadorans access to banking services for the first time and save some $400 million in fees on remittances from abroad every year.

https://p.dw.com/p/403sb