Salvador has established a law that considers "Bitcoin", the crypto-digital currency. The law is finally approved. El Salvador will be the first country in the world to officially consider a digital digital currency.
El Salvador’s parliament on Wednesday (June ninth, 2021) overwhelmingly approved a law declaring the electronic currency “Bitcoin” legal in an unprecedented step in the world and has not happened so far in any country. Sixty-two members of Parliament (Parliament) voted in favor of the bill presented by the President of the Republic, Nayib Bukele.
The first article of the text of the law states that its aim is to “regulate bitcoin and legal currency and punish the law and the click.” We are waiting for the law to be presented to the president for his signature.
And the Salvadoran president stood up, he said, and they had been forced to start working offshore, bitcoin.
The president made clear his intention to legalize Bitcoin to create jobs and “allow thousands of people outside the legal economy to enter the financial system.” .
Bitcoin will be legal (official) currency in El Salvador after the hope of the law ninety, where it will be sacred to deal with and pay their taxes in cryptocurrency. El Salvador will have two jobs.
In El Salvador's dollar-dependent economy, remittances from abroad constitute a subsidy and account for 22 percent of GDP. One of the most important features of Bitcoin is that it is an asset that is not regulated by a central authority.


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