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Bitcoin jumps more than 13% after El Salvador passes law to adopt it as legal tender

Bitcoin jumps after El Salvador passes law to adopt it as legal tender

6/10/2021 3:15:00 PM

Bitcoin jumps after El Salvador passes law to adopt it as legal tender

On Wednesday, lawmakers in El Salvador passed a law that made bitcoin legal tender, making it the first country in the world to do so.

.The cryptocurrency jumped more than 13% to trade above $37,000 before settling lower at $36,435.96 at about 4:48 a.m. ET, according to CoinDesk data.On Wednesday, lawmakers in the Central American country passed a law that made bitcoin legal tender. Among other things, it means prices can now be shown in bitcoin and tax contributions can be paid with the digital currency.

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Bitcoin proponents, who have, welcomed El Salvador's moves.The country hasto build the country's modern financial infrastructure using bitcoin technology. Read more: CNBC »

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Less than half of el Salvadorans have access to quality internet. This is meaningless. 🌍🖥️🚀 The real risk is Doing nothing. Bitcoin is engineered to be the best monetary asset and the best monetary network in human history, ensuring human freedom and financial inclusion for all. Wanna start trading Bitcoin and earn from Home? Dm/whatsapp me +14024074443💌 for info

Bitcoin will not be legal tender in El Salvador. Strike will. Which facilitates transactions in fiat. Nothing. Has. Changed.

El Salvador aprueba el bitcoin como moneda de curso legalEl presidente Nayib Bukele afirma que la norma traerá inclusión financiera, inversión, turismo, innovación y desarrollo económico

El Salvador becomes first country to adopt bitcoin as legal tender after passing lawLawmakers in the Central American country's Congress voted by a 'supermajority' in favor of the Bitcoin Law. tweet_stamp stamp Bwahaha Japan did it in 2017, El Salvador is the 2⁰ country to adopt Bitcoin as legal tender.

El Salvador is one step closer to making bitcoin legal tender after proposing new lawIf approved by the legislative body, El Salvador would become the first nation in the world to give the bitcoin the status of legal tender. nice hair el salvador has chosen freedom for its people. tic tac rest of the world

El Salvador makes bitcoin legal tender El Salvador ’s Legislative Assembly has approved legislation making the cryptocurrency bitcoin legal tender in the country, the first nation to do so. Whoa, elonmusk 😮 This guy is reportedly a real dangerous nutter.... (It would.....)

El Salvador Makes History As World’s First Country To Make Bitcoin Legal TenderI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com Scary History created, others will follow. Since only the president, his family, friends and entourage can have them, what a great idea. Is it not the poorest country in the world with the highest per capita murders!? Lol. Sure everyone that is corrupt in El Salvador is thrilled with the policy

El Salvador becomes first country to adopt bitcoin as legal tenderJUST IN: El Salvador becomes the first country to adopt bitcoin as legal tender after lawmakers voted by a “supermajority.' Bitcoin is good for criminals because it is untraceable and easy to transfer The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of micheal33590 I've been earning $ 23k weekly I've never regretted this decision. 🙏🏻🙏🏻 Who cares what your third cousin on your mothers side is up to