The first country to adopt Bitcoin as a legal tender, what is El Salvador’s current situation?
As of today, Bitcoin is an official currency of El Salvador alongside the US dollar, after the Central American country became the first to adopt the cryptocurrency as legal tender. At three minutes to midnight local time, the country’s populist president Nayid Bukele tweeted that the country was about to “make history” with the move, after previously confirming that it had purchased 400 Bitcoins, the equivalent of around $20.9 million at today’s prices.